Employee
incentive programs can be an excellent tool
for increasing company morale, gaining boosts
in productivity, and increasing safety-consciousness
within your company. All of these are obviously
great things, but keep in mind not all employee
incentive programs are created equal. It
can be a daunting thing to come up with
an incentive program that will work for
you and your business. Take a look at some
examples below (taken from the Advertising
Specialty Institute's (ASI) website) of
successful program ideas and the results
that can be realized:
"* Safety programs. One construction
company annually rewards each employee
with a clean safety record a beer mug
imprinted with the company's logo. There
were approximately 60 men who worked in
this particular construction company,
and all were avid beer drinkers. It became
competition among them all to see who
could collect the most mugs before the
style was changed each year. A $3 glass
mug made the difference, reducing accidents
at the company by more than 60% over two
years.
* Sales incentives. Another company had
a policy of offering new sales team members
a high-quality leather diary when they
started, and every month they achieved
individual goals, their bonus was a Parker
Pen - always presented as a special award
during the monthly sales meeting. Sometimes
company executives would change the bonus
item to a wallet or an address book to
match the diary. Not only were the rewards
motivational but when winning sales reps
would meet with a client, they felt their
accessories helped them look more successful.
The program made a huge difference in
the reps' closing numbers, which were
about 30% higher than the industry average.
* Training programs. Training is another
area where promotional and incentive items
can be used with great success for many
industries - and not limited to sales
teams. Imagine offering a rewards program
for your office administration staff based
on their individual attention to personal
development. For instance, every time
they gained a new qualification or took
a training class, a letter could also
be included in their personal folders
(made of high-quality leather and embossed
with the company logo) from the company
that endorsed their efforts and value
to the company."
These are just a few of the ways that you
can implement these types of programs to
enhance your business. The sky's the limit.
Just remember that every business is different,
and what your employees will like will differ
as well. Just
try to fit your programs to your employees
and your needs. If you are interested in
starting an employee incentive program,
please call call (800) 588-7111, or email
us at {rep name}@powertexgroup.com.
|
