Employee Awards & Incentive Programs

Employee Awards & Incentive Programs

Employee Awards and Incentive Programs are a great way to motivate employees and increase sales, improve safety and reduce accidents, boost productivity and encourage better customer service. A 1994 Baylor University study of 1500 employees found the following:

1. Employees Like Awards & Incentives
   
2. Employees are Motivated to Win Awards
   
3. Empolyees Work Hard to Win Awards
   
4. Employees Encourage Each Other to Work towards Incentives & Awards
   

Respondents also listed reasons why they believed some award and incentive programs sometimes fail. The two top reasons are the following:

1. Employees are not involved in the planning process.
   
2. Employees lose interest in the programs because they are not updated and there is inadequate feedback.
   

Let's make your award and incentive programs successful ones! Keep your employees involved from planning through the end, their continued interest gives them more of a stake in their job and you a more productive workforce.