March 31, 2009

Take The Work Out Of Employee Recognition

Filed under: Employee Recognition — Incentive Programs Expert @ 7:08 pm

You want to start an employee recognition program to honor those who keep a company running smoothly. Your time, however, is already stretched beyond belief. Is there a way for you to make certain employee incentives are part of the workplace atmosphere without forcing yourself to work more overtime than you already do?

The answer is a big yes if you know where to turn for help. There are companies that specialize in the facilitation of employee incentives programs. While these companies might not be able to take all the work of oversight off your shoulders, they can ensure that an employee program takes up as little of your time as possible.

When you hire a rewards program facilitator to assist in the creation of a program, you will still have to set your criteria, pick basic prizes and select winners. All of the “middle man” tasks, however, will be removed from your workload entirely. When a facilitator oversees a rewards program, a good company will:

Provide you with a wide selection of prizes – You don’t have to invent the wheel on prizes if you go with a good facilitator. The best will give you access to thousands of potential prizes and will enable you to create a catalog of your approved choices. This catalog, in turn, will be made available to winners so they can pick the reward that means the most personally.

Make sure winners obtain their prizes – A rewards program facilitator will take the burden of delivery off your shoulders. Once an employee picks a prize, the facilitator will make sure it gets into the right hands.

Employee recognition is important in today’s workplace. When it’s time to honor workers for their efforts, establishing a program will not have to drain too much of your time. If you call on the right help, you’ll gain the rewards that can go along with recognition without a lot of the hassles.

Popularity: 44% [?]


March 29, 2009

Employee Incentives Motivate Them To Do Their Best

Filed under: Employee Incentives, Employee Recognition — Incentive Programs Expert @ 9:37 am

Your employees are great and they truly do go above and beyond to get the job done. Unfortunately, you now find yourself forced to ask them to do even more on your company’s behalf. As belts tighten, this is simply becoming a way of life.

The question that you must deal with, however, is just how you can motivate them to perform even more without causing a revolt. When employee incentives are worked into a mix with a few other ingredients, chances are you will be able to get them to take efforts a few steps further.

So, how can you break the news that good enough today might not work tomorrow? Make sure to:

Explain the reasons why – Workers like to know what is happening with a company and where they stand. Employee incentives can motivate them to perform, but they cannot replace honesty. If belts have to tighten and production must be spread out among fewer workers, tell them the whys behind the move in as much as it’s possible to share.

Acknowledge the hardship – When 50 workers are left to perform the duties of 100, things can get hairy. While this is becoming a fact of life in many industries, the effort and sacrifice of those left behind should be acknowledged. Make sure workers truly understand your appreciation.

Show them their work matters – To motivate those on the front lines to achieve, make sure to work employee recognition into the mix. Now, more than ever, workers need to be told and shown just how important their efforts are. It doesn’t have to cost a fortune to establish a rewards program that works. The goodwill that can be fostered by doing so can have important benefits for a company.

When there is a need to get more out of fewer workers, an employee program can help. When workers receive incentives for going above and beyond, their motivation levels can soar.

Popularity: 51% [?]


March 24, 2009

3 Reasons To Create An Employee Program

Filed under: Employee Program — Incentive Programs Expert @ 3:48 pm

Tightening belts is simply a way of life at most companies these days. When every penny counts, justifying new expenses can be more than difficult. If the proposed expense involves the creation of an employee program, there are reasons to take the idea seriously.

Yes, it’s true that a rewards program will cost money to create and maintain. This, however, can prove to be money very well spent. When employee recognition has the desired results, it can actually help companies do better financially in these economic downtimes.

So, why should you consider employee incentives? These three reasons make programs well worth exploring and launching:

The morale boost – Morale can make or break a company. When it is high, workers tend to perform at peak. If it’s low, productivity can nose dive. Boosting moral with an employee program is an effective, affordable way to go. After all, workers do like to receive a pat on the back now and again. Give them one and it can pay off with a happier, more productive workplace.

The customer service boost – It’s a simple fact that if workers are happy, they tend to treat others better. Satisfied employees can equate directly to satisfied customers. This is imperative for business success in any economic climate. In down times, however, it can give companies the edge they need to survive and even thrive and grow.

The productivity boost – If an employee incentives program is designed to complete an overall package of decent wages, benefits and productive working conditions, great things can happen. The money spent can earn even more by motivating employees to produce more.

An employee program is an expense. It will require an investment of money and time. When the potential returns on that investment are explored, however, it does become clear that this money can be very well spent.

Popularity: 36% [?]


March 22, 2009

Keep Them Coming Back For More With Employee Incentives

Filed under: Employee Incentives — Incentive Programs Expert @ 1:02 pm

Motivating employees to reach certain quotas, avoid accidents and reduce sick days can prove to be quite the challenge. When employee incentives are designed on a merit-based system, they can offer the perfect extra push to keep workers coming back for more.

Quantifiable employee recognition programs are an excellent bolster for meeting goals for a number of reasons. When companies spell out exactly what workers need to earn a reward, the spinoff effects of an employee program can include:

Better goal-based functioning – If employees know they need to take their normal 1,000 unit production level to 1,500 to earn top honors, they will do their best. While the original production level might be more than satisfactory, the extra push can be very good for a company’s bottom line. Plus, it can help workers learn to set and achieve goals.

Increased morale – If employee incentives are truly desirable and workers actually appreciate them, morale can improve greatly. Workers who feel appreciated, honored and valued tend to be happier. Their good attitudes can rub off on everyone around them.

Reduced sick days or accidents – When an employee recognition program is designed to peg rewards on a reduction of down time, the desired benefits are likely to be felt. If the rewards program offers good prizes, workers will do their part to earn recognition.

Easier, more effective management – If goals for workers are not clearly spelled out as part of the job, managers often spend a lot of their time handholding. If a rewards program clearly defines excellence, workers will be able to gage for themselves if they are on par or need to improve in an area.

Employee incentives that are tied to certain benchmarks can prove very wise in a number of business settings. These clearly defined programs let workers know where they stand, help them reach for an attainable goal and reward them when they achieve it.

Popularity: 40% [?]


March 19, 2009

3 Reasons To Institute Employee Recognition

Filed under: Employee Recognition — Incentive Programs Expert @ 11:10 am

Putting together an employee recognition program can take some time, thought and a bit of money. When the rewards that result from a well designed program are explored, however, the costs associated can quickly add up to an investment that makes money rather than takes it.

Employee incentives that are given out based on actual performance, set achievements or some other tangible standards tend to make a big difference in how employees view themselves and their companies. People, after all, like to be rewarded when they know they are doing a good job.

So, what are the benefits that can make a rewards program pay off for a company? They include:

Improved morale – It is terribly difficult to work day in and day out, going above and beyond, without hearing a thank you or getting a boost. An employee program takes care of this by showing workers their efforts are valued, noticed and appreciated. This, in turn, can boost morale across the board by showing all employees they have a path to follow that can make them shine.

Decreased turnover – When workers are satisfied in their positions and they feel like their efforts matter, they tend to stay put. This can save a company a tremendous amount of money in hiring and training costs. While some turnover will likely happen due to natural attrition, people leaving for the sake of doing so will go down.

Customer service increases – Competent, happy workers tend to treat clients right. This is vital for improving sales and building loyalty. A rewards program that works can help employees feel more at home. In turn, they will make sure clients are treated as they should be.

Employee recognition programs might require some work to establish, but they can pay off in the long run. When they are run correctly, the impacts will be seen in a positive way on a company’s bottom line.

Popularity: 44% [?]


March 16, 2009

Make An Employee Program Go The Extra Mile

Filed under: Employee Program — Incentive Programs Expert @ 8:38 pm

Picking out a few prizes and announcing an employee program isn’t necessarily enough to get good results. When all the benefits of a rewards program are desired, a little extra thought needs to go into the creation process.

So, what can company managers do to ensure employee recognition gets the mileage desired? There are a few things that can really boost incentive programs. They include:

Brainstorming qualifications for rewards – For an employee recognition program to make sense to workers and truly motivate them, they have to understand what they need to do to win. Whether a program is set up to be nomination based or production based doesn’t matter as much as making sure criteria is clear. The best employee recognition programs are as fair and equitable as possible.

Selecting prizes with care – Employee recognition should offer reasonable prizes that workers actually covet. Cash, gift cards and tangible items can all be included, along with corporate logoed merchandise. The trick is to provide a selection and let workers actually pick what they’d like. Keep in mind that cash is always nice, but it is often used quickly and on things like bills rather than “rewards.” The more diversity that can be offered, generally the better.

Hiring a good facilitator – Using a facilitation company to assist with prize selection, delivery and presentation can be a very smart move. A good company will be able to take most of the work of administration off managers’ shoulders and ensure that workers receive the rewards they earn.

Hyping the program correctly – Rolling out an employee program without making a big deal out of it doesn’t make much sense. Workers need to know they have opportunities to earn extra incentives. Do promote not only the program, but also the winners when they are selected and keep doing so on a regular basis.

An employee program can give workers a boost in morale and help them feel more important. Setting up a program right can mean the difference between one that motivates and one that falls flat.

Popularity: 36% [?]


March 12, 2009

Employee Recognition Does More Than Provide A Pat On The Back

Filed under: Employee Recognition — Incentive Programs Expert @ 6:34 pm

While it’s nice to provide workers with a pat on the back, this isn’t reason enough to spend money in our present economy. When the other benefits of an employee recognition program are explored, however, the financial sense of this investment becomes crystal clear. The truth is a rewards program can earn a company a whole lot more than it costs to operate.

When a reputable facilitator is engaged to help with the establishment and operation of an employee program, the potential payback can be high. Some of the side financial benefits of giving employee incentives to reward workers who perform include:

Boosted morale – Morale is more important in the workplace than many realize. When it’s high, productivity tends to be, as well. If it’s low and workers feel unappreciated, productivity can plummet. This, in turn, can have a direct and profound impact on the bottom line. By showing workers they are important and they do matter, an employee recognition program can help build better morale.

Reduced sick days – While legitimate sick days are important to offer, wasting money on days that aren’t justified can be costly. When workers enjoy their jobs, they tend to report as expected. This can save a company a lot of money in unnecessary costs.

Lowered turnover – Keeping trained employees in place and productive is a concern for many companies. When incentive programs are utilized to help boost morale and increase loyalty, turnover can be reduced. This can save a company money on training and hiring costs.

Keeping workers happy is the key to productivity, customer service and earnings. When workers are rewarded through an employee program, the end result is much greater than a pat on the back. The reality is this investment can deliver rewards that far outweigh the costs involved.

Popularity: 45% [?]


March 10, 2009

Employee Recognition Makes A Big Difference

Filed under: Employee Recognition — Incentive Programs Expert @ 2:49 pm

When it comes to tools for motivating employees, managers generally have several options available to them. They can try to use fear, which will work for a time. This, unfortunately, tends to fall flat as morale sinks and workers look for new places of employment. The other option involves rewarding excellence and treating employees fairly. This is the one that tends to win out hands down as the better way to go. When bolstering the latter approach is desired, employee recognition programs can make a big difference.

An employee program doesn’t have to be terribly costly or elaborate to make a difference on the motivational front. When a good employee incentives program is put into place and workers who truly earn the rewards are honored, the benefits will include:

Boosted morale – Employees like to know when they are doing a good job. A rewards program makes sure this gets done. In the process, it can boost morale all the way around as workers will know their efforts are noticed and are important.

Boosted inspiration – When employees feel valued and important, they tend to strive to do even better. This can serve as inspiration for the entire team, even those who haven’t received employee incentives as of yet.

Better loyalty – Face it – if most people didn’t have to work they wouldn’t. With this in mind, workers tend to constantly be on the prowl for jobs that might offer better pay, better benefits and a better working environment. While a rewards program can’t help with the pay or benefits, it can change a work environment around for the better. This, in turn, can help boost loyalty and keep valued workers in place.

Motivating employees through tangible rewards can make a big difference in overall productivity and satisfaction. An employee recognition program can help get this job done right.

Popularity: 42% [?]


March 9, 2009

A Rewards Program Helps Companies Stand Out

Filed under: Rewards Program — Incentive Programs Expert @ 7:08 pm

When your business is in a heated competition with another that offers similar products or services, there are some excellent ways to get ahead. When a rewards program is used in conjunction with an overall plan to make sure you really are the best of the best, a big difference in customer loyalty will likely be realized.

Just like an employee incentives program, a rewards program for customers sends very positive messages. When clients are given rewards for using your products or services or just for their ongoing patronage, these messages will be sent:

That you appreciate their business – Customers do have the choice to patronize whatever company they wish. A rewards program acknowledges this and lets clients know you appreciate the fact that they made the choice to rely on you. As it is with employee recognition, this type of display of appreciation can also go very far with customers.

That you offer value – Customers love getting a little extra bang for their bucks. A rewards program helps you add value to what you offer. In this day and age, the more true value you can add to your products or services, the better.

While a rewards program will show clients they are valued, you will still need to do more to really stand out above the competition. To get the most from a program, make sure it is coupled with:

Competitive pricing – Customers do not want to be rewarded for paying more. The little “extras” offered won’t go far if they are paying too high a price to begin with.

Customer service – Excellent customer service is something that clients pay attention to and crave. When you treat clients right every time, they will come back. They will also send their friends.

Just as an employee program can help boost loyalty, so can a rewards program for customers. When you show your clients they matter, they will take notice.

Popularity: 35% [?]


March 4, 2009

The Investment Potential Of A Rewards Program

Filed under: Rewards Program — Incentive Programs Expert @ 9:15 pm

Spending money on a rewards program for employees or customers might seem like a big waste in this economy. When the facts behind a customer or employee incentives program are examined, however, the expenditure can quickly seem more like a real investment.

A customer or employee program that is well designed and generates a big buzz can benefit a company’s bottom line much more than it takes away from it. The fact of the matter is customer or employee recognition can help out tremendously in relationship building. In both cases – employee or customer – this can add to a company’s financials in a big way.

How a rewards program will benefit the bottom line depends on the type of program launched.

Employee incentives – This type of program can have a big, but indirect impact on the financials of a company. When employee recognition is set up right, workers will feel they are appreciated, important and valued. These things can add up to increases in productivity and morale. Rewarded employees can also serve as inspiration for others, which can also increase productivity. Add to this the fact that happy workers are less likely to leave and the bottom line benefits become very clear.

Customer rewards – Giving paying customers a little extra for their loyalty and purchases can go a long way for a company. When a rewards program is well designed and functions right, it can build relationships with customers and even prompt them to pass along word of mouth advertising on a firm’s behalf. This can have a huge benefit on incoming revenue streams.

A rewards program will cost money to establish. It doesn’t matter whether one is meant to honor employees or entice clients to buy more, an investment is required. The payback on this investment, however, can be great.

Popularity: 35% [?]




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