July 1, 2009

How To Create A Topnotch Employee Program

Filed under: Employee Program — Incentive Programs Expert @ 6:37 pm

An employee program is a great investment in workers and their morale. Unfortunately, many companies cut corners on the design and execution of employee incentives programs to their own detriment. If your company is considering launching a rewards program of its own, there are some things you need to consider.

To create a topnotch employee program that really gets the job done right, some thought and planning will need to go into the design. Some of the things that need to be carefully mulled over include:

The structure of the program – Some employee incentives programs are designed to offer one or two awards a year to a handful of employees and that’s it. Other programs are created in tiers where more workers might be touched over the course of a calendar year. The bottom tiers of this type of program will offer smaller, more token in nature prizes. The higher tiers for the top performers or the overall yearly winners will offer better prizes.

The criteria for winning – Failing to set this up right can be a fatal flaw in any incentives program. To really gain the benefits of a rewards program, it’s vital that clear criteria for winning be established. Whether this is a quota or nomination system or something completely different, concise rules can help employees know favoritism will not be played.

The actual prizes – Prizes do not necessarily have to be outrageously expensive to reward workers and help them feel appreciated. It can help, however, to make certain diversity is part of the program. When a facilitator is hired to oversee a rewards program, this will not be an issue. The best will give their clients access to thousands of prizes they can use in their own programs.

Creating an employee program is an excellent way to reward workers for jobs well done. To get the most out of the venture, it does pay to carefully consider quality.

Popularity: 6% [?]


June 30, 2009

How To Make Employee Incentives Work As Intended

Filed under: Employee Incentives — Incentive Programs Expert @ 6:55 am

You have a great idea on how to increase productivity in the workplace. Employee incentives that reward workers for achievements are your radar to get the job done. After all, friends of yours that manage another company have tried this tactic and have seen incredible success.

Does this mean your employee recognition program is guaranteed to have the same results? No, but it can if you pay attention to a few very important details during the rewards program design phase.

So, what do you need to consider? To make the most out of an employee program and get the results you’re after, be sure to:

Set up identifiable benchmarks – A performance based program must be very clearly defined. Make sure your workers understand exactly what they need to do to achieve recognition. A program can backfire on you if it appears favoritism will go into the mix. Make goals attainable and realistic. It can even pay to consider crafting a tiered program with rewards at different levels for greater achievements.

Select rewards with care – This is where it can really pay to hire a professional program facilitator. Companies that specialize in this can give you access to thousands of potential rewards and even use your own products in the mix. In fact, this type of firm can even create a special award catalog for your program so workers can select their own rewards.

Make sure awards arrive on time – It is important to make sure that honored workers actually get their rewards. This is another area where a professional facilitator can make a big difference. They will take orders from winners and handle all the details from there.

Employee incentives can produce huge results in regard to productivity. When a program isn’t thrown together, the results will be evident.

Popularity: 5% [?]


June 29, 2009

Cultivate Loyalty With A Rewards Program

Filed under: Rewards Program — Incentive Programs Expert @ 4:56 pm

Loyalty is a virtue that often seems in short supply these days. This doesn’t have to be the case. When the right moves are made by a company, dedication can be a part of the environment. A rewards program can be a powerful tool to use to help make this happen among workers and even customers.

When improved loyalty is desired among employees, a rewards program can help in a number of ways. While employee recognition will not completely end attrition, it can certainly slow it by:

Helping workers know where they stand – An employee incentives program is a great way to show workers they are appreciated and that their efforts are noticed. If wages and benefits are competitive, this can be an important boost to help keep workers in place.

Improving morale – If an employee program is designed to honor many workers for their efforts, it can help improve morale in the workplace. This, in turn, can make reporting for duty more enjoyable for employees.

Loyalty can help keep good workers in place. This can benefit a company by lowering recruitment and training costs and keeping valuable employees in place longer.

Creating a rewards program to benefit customers can also pay off with increased loyalty. When customers know their patronage is desired and appreciated, they tend to return for repeat business. It is also more likely that they will recommend a company to their friends and family. This can help a company keep its bottom line in the black.

A rewards program is an excellent way to develop loyalty among customers and employees. When a company takes the time out to thank those who help deliver it success, the effort tends to get noticed. Creating effective loyalty programs is easy when a facilitator is used to help hammer out the details.

Popularity: 5% [?]


June 25, 2009

Rally Morale With An Employee Program

Filed under: Employee Incentives, Employee Program — Incentive Programs Expert @ 9:08 pm

It is commonly known that workplaces with high levels of morale tend to be rather productive and profitable places. If morale is low, however, everything from the people involved to the bottom line can suffer. When it’s time to boost the atmosphere and make workers happier in the jobs, an employee program can make all the difference needed.

A rewards program can lift morale for a number of difference reasons. When a program is designed to reward achievement and excellence, it can serve multiple purposes that all benefit morale. They include:

Giving workers who strive for performance a pat on the back – Saying thank you can go a very long way in the workplace. Unfortunately, this simple act doesn’t often happen as frequently as it should. When employee recognition programs are in place, thanks can go out to workers that earn it. The act of giving recognition can even have a bigger impact on workers than the words. This is especially so if a well-designed program with a variety of prizes is put into place.

Providing average-performing employees incentives to achieve more – Employee incentives can be designed as tiered programs. When this is the case, workers who perform just under the bar can also be recognized. This can give them a pat on the back for doing a good job while giving them incentive to work even harder. While they won’t necessarily gain access to the level of prizes that top performance receive, they can still be shown their efforts matter.

Setting the example for everyone – When a fair and well-rounded employee program is put into place, it can set an example for the entire workforce. When companies spell out the measures for achievement, morale can go up based on the mere fact employees will understand the expectations of them. Plus, they will be able to see hard work is actually noticed.

Improving morale can have a big impact on the bottom line. When the atmosphere is positive, everyone can benefit.

Popularity: 10% [?]


June 23, 2009

Get Incredible Results From An Employee Program

Filed under: Employee Incentives, Employee Program — Incentive Programs Expert @ 9:38 pm

A lot of companies report that their employee program designs have delivered them benefits that they would not have believed possible. From improved morale to lower turnover of key staff members, employee incentives can make an incredible difference in a corporation.

Not all companies, however, enjoy the same results. Sometimes rewards program designs fall flat and actually are all but ignored by workers.

Why is this so? What makes one program a big hit while other employee recognition designs fail to perform?

The answers to these questions can involve several different points. In most cases, it comes down to the planning and thought put into a program. An employee program does not have to require a tremendous expense to be effective. It does need to be:

Fair – While the purpose of a rewards program is to honor workers that achieve something important, some programs are just not designed with equity in mind. Either they only let the “favorites” win or they don’t provide enough opportunity for anyone to achieve the markers that open the program up to winners.

Intriguing – Prizes for employee incentives should intrigue and inspire workers. While not every company can afford incentive travel packages, at least giving workers a selection of prizes can help greatly. A good program facilitation company can help on this front by making thousands of prizes available for company managers to select from. Tiered programs can be created that keep expenses in line, but boost choice for workers.

Announced – In some cases, workers are simply not made aware of rewards programs. With this in mind, it is very important to make a big deal about a program’s launch and milestone dates that come up.

A rewards program can inspire workers to excel. It does take a decent program design to make a difference though.

Popularity: 11% [?]


June 21, 2009

Employee Incentives Do Inspire

Filed under: Employee Incentives, Employee Program — Incentive Programs Expert @ 3:32 pm

Companies just can’t afford to spend money haphazardly these days. Expenses need to either be true investments or they need to be cut from the books. When it’s time to start making those cuts, don’t overlook the value of an employee incentives program. The reality is a well-run program can have a positive impact on the budget.

When a rewards program is set up to properly honor workers for efforts that go above and beyond, the level of inspiration that can be seen will amaze. Employees who are well rewarded for their efforts through an employee recognition program and other similar efforts are more likely to:

Feel good about themselves and their jobs – Gaining positive reinforcement for jobs well done can give workers the inspiration they need to keep on achieving. If performance that shines goes unrecognized, workers may inadvertently put in less of an effort. Rewarding achievement simply makes workers feel good and helps them feel more secure, as well. In turn, this can have an incredible impact on overall workplace morale. When this is high, everyone benefits, especially customers and the bottom line.

Stay put – While nothing can stop turnover entirely, an employee program can make a difference. When workers feel good about their jobs and the compensation they receive, they are more likely to pass up other opportunities. This is especially so if pay is competitive and benefits are decent. This can save a business money in hiring and training costs.

Produce – Employee recognition can go a long way toward helping give workers the inspiration they need to truly get the results a company needs. Happy, secure and well-rewarded workers tend to perform very high.

Employee incentives do make a difference to workers. While they might seem frivolous, they serve a purpose that can have a direct and positive impact on the bottom line.

Popularity: 14% [?]


June 20, 2009

Employee Recognition Means More Than You Think

Filed under: Employee Incentives, Employee Recognition — Incentive Programs Expert @ 5:02 pm

Employee recognition programs might seem like a novelty that doesn’t matter much, but this is just not the case. When a rewards program is well designed and offers a fair chance for performers to earn prizes, this type of program can mean a lot to workers and also to the company that employs them.

Getting started with an employee incentives program is a serious undertaking. If a program is slapped together with little thought, the benefits to a company will be light. If a program is crafted with care, the rewards to the bottom line can shine.

So, how can you make certain your company’s rewards program gets the results you’re after? Consider hiring a professional program facilitator. When a reputable company assists with program design and oversight, a number of benefits can be delivered.

The best program facilitators will help out with such things as:

Actual program design – While facilitators won’t get into the fine details, they can help guide your company in the process of crafting a program that delivers results. Ideally, a rewards program will have a clear structure that inspires employees to achieve.

Prize selection – Good facilitators can help on this front by providing access to hundreds, if not thousands, of different prizes in all price ranges. These can be used in addition to corporate logoed items to create a prize package for employees that is customized and distinct.

Prize distribution – Facilitators should help out immensely on this front. The best will create a paper and online catalogue for winners to select from and also help out with prize delivery. This takes bothersome details off managers’ shoulders and helps ensure a program functions as it should.

An employee incentives program can inspire workers to achieve. Getting help with the design and operation of this type of program can make a big difference in the benefits a company receives from this investment.

Popularity: 15% [?]


June 18, 2009

Create An Employee Program You Can Afford

Filed under: Employee Program, Rewards Program — Incentive Programs Expert @ 10:37 am

Starting an employee program is a fantastic way to let workers know just how much their efforts matter to a company. Unfortunately, crafting one to fit a budget just right isn’t necessarily easy. When an online facilitator is used, however, the prospect becomes more doable.

When a good employee incentives facilitator is selected, a program can be custom designed to fit a company’s personal needs. Beyond structuring a program to provide rewards for set achievements, a facilitator can help with prize selection and even in the creation of a tiered structure.

Using a tiered structure for a rewards program has a number of benefits for a company and its budget. This type of employee incentives programs calls for creating prize level tiers. The higher the level of achievement, the greater the prize is worth in value to employees. The idea is to regulate a program so more workers achieve rewards, typically in the lower levels, as the top performers gain access to more expensive options. When this type of program is structured right, an employee program can touch a lot of workers without costing a ton in the process.

The benefits of holding a budget in place by creating a tiered program can be many. Not only will this help keep costs in line, but it can also:

Enable a program to touch more people – Employee incentives that are small and affordable can still go a long way toward helping workers realize they are appreciated. This can, in turn, make employees feel good about themselves and the company they work for. The more workers impacted by a program, generally the better.

Produce an increase in productivity – A tiered rewards program can give workers set goals to strive for. This, in turn, can boost productivity to the benefit of a company.

An employee program doesn’t necessarily have to cost a fortune to produce results. When a good facilitator helps in program creation, budget can be kept in line while rewards are still enjoyed.

Popularity: 15% [?]


June 15, 2009

3 Reasons To Put Employee Incentives In Place

Filed under: Employee Incentives, Employee Recognition — Incentive Programs Expert @ 3:46 pm

Employee incentives can cost companies a little money upfront, but they can have big paybacks that many don’t realize. When programs are put together with care and are overseen with the help of a facilitator, they can actually turn out to be investments rather than straight expenses.

If your company is considering putting a rewards program into place, there are three very big reasons to lobby for the approval. They are:

Enhancing productivity motivators – When employee recognition programs are put into place to boost productivity, the benefits can be seen almost instantly. Good programs that clearly define what is required to win prizes will get noticed by workers. Prizes do not necessarily have to be elaborate to capture attention either. It is possible to put a highly tiered program in place with modest rewards for modest efforts and major prizes for major efforts and see results. Employee incentives programs work on the productivity front because they add to basic compensation packages in a fun and intriguing way.

Increasing loyalty – When employees are taken care of in their positions as long as they perform, they tend to stick around. A rewards program can add to the basic compensation package by improving rewards for efforts put in and also be improving morale in the workplace. These two things can combine rather nicely with other retention efforts to keep good workers in place.

Boosting customer satisfaction – Employees tend to treat customers much better and more efficiently when they are secured and happy in their own positions. The rub off effect from this can be repeat business and a constant flow of referrals. This, in turn, can impact the bottom line in a profound and positive way.

Employee incentives are not an expense; they are an investment. When the right program is put into place and overseen by a professional facilitator, it can have amazing results for a company and its staff.

Popularity: 21% [?]


June 11, 2009

Employee Recognition Can Lighten The Atmosphere

Filed under: Employee Program, Employee Recognition — Incentive Programs Expert @ 8:39 am

With more companies scaling back to all but skeleton crew status, it can be very hard for the workers left behind to keep their heads on straight and their morale high. If it’s time to show the employees in your workplace they are valued and important to your company’s success, there are things you can do to help lighten the atmosphere and make it more productive. An employee recognition program is a great place to start.

As streamlining and downsizing takes its toll, an employee program can counteract the mood by demonstrating these things to workers:

That a company has every intent to hold on and thrive – Downsizing due to the economy is smart, but so too is having a game plan to stay afloat and even thrive. When companies bank on their workers to help get them through, showing them that they are valued can be very important. A rewards program can be an investment that pays off on this front. The mere act of making the investment can show workers that confidence in restructuring and its potential for success is high.

That their sacrifices are noticed – Downsizing invariably means that less people will have to pick up more slack. Those who perform under these conditions deserve to be recognized for their efforts. Employee recognition can help ensure that this is done.

That they do have something to look forward to – Employee incentives can be rather enjoyable to receive and fun to compete for. When it’s time to lighten the atmosphere and put some fun back into a newly downsized workplace, a production-based, competitive program can work wonders.

Employee recognition programs can put a little bit of fun back into the workplace. When getting the most out of fewer employees is required, the extra “thank you” prizes you provide can make a very big difference and make the toil of working more enjoyable.

Popularity: 26% [?]


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