August 14, 2009

Incentive Programs to Make Up for Lost Time

Filed under: Incentive Programs, Rewards Program — Incentive Programs Editor @ 4:56 am

While I love the company for which I work I can say with all honesty that we are more than a little behind the times. I have worked there for twenty years and now, in my role in management, I have made great strides in pulling this company into the new world of business. I have just managed to computerize everything so you can see the dilemma that I face on a day to day basis. But I have to say that everyone has been very open to what they consider to be new ideas and happy to have the guidance that I have offered.

What I’m on to next is the implementation of an employee rewards program that will recognize workers for meeting certain objectives that are presented to them as a part of the incentive programs companywide.

This is not to say that our employees are ignored or that we don’t appreciate what they do. But we have absolutely fallen into an unhealthy pattern over the years. The owners do not come from a generation that gave bonuses let alone offered incentives and as the business got busier there was less time to offer up personal recognition or to pat a guy on the back so to speak. Incentive programs will allow us to that.

The rewards program that I am implementing will include a variety of tiered prizes that employees can win when they reach identified goals. This will allow us to track progress and reward particularly stellar performance. I also think it will go a long way to raising morale and getting a higher level of production from our staff. At the end of the day we all want to do the best that we can but if we don’t hear anything about our performance it’s like working in a vacuum. Incentive programs can put us back on the right track.

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