Presentation on theme: "Do Incentive programs really work ? *Tangible incentives increase work performance by an average of 22% *Incentive programs aimed at individual workers."— Presentation transcript:
Do Incentive programs really work ? *Tangible incentives increase work performance by an average of 22% *Incentive programs aimed at individual workers increase performance by 27% *Programs aimed at teams increase performance by 45% *Long-term incentives are more than twice as powerful as short-term (44% gain vs. 20% gain).
Who uses Incentives ? Hospitals Construction Companies Banks Credit unions Manufacturing Companies Distributors Trucking Real Estate Restaurants HVAC Utilities Cities and State Government Food Industry Many Others…..
Incentive Applications Human Resource Departments *Years of Service Award Programs *Employee Recognition Programs- *Manager to Employee On the Spot *Thank Yous/Birthdays *Moral, Attendance, *Employee of Month Sales and Marketing Departments *Employee Sales Incentive programs *Distributor Sales Incentive programs *Frequent Purchase programs *Customer Loyalty Programs Safety Incentive programs
Why use a Points Program ? *It costs less than cash or gift cards *It can combine multiple objectives *Doesnt get confused with compensation Develop a points system to recognize and reward employee behaviors:
Why use Merchandise Rewards ? *Merchandise awards out perform cash and gift cards by 40% *Categories include electronics, furniture, toys, games, personal fitness, home appliances, home & garden, patio, watches, jewelry and many more, 1400 items, its all about Employee Choice……
Your Incentive, Recognition, and Safety Program Partner