Employee Incentives

Employee achievement, recognition and incentive programs are mostly designed for non-sales employees for achieving specific sales and non-sales support related corporate goals.

Here are several types of employee incentives:

How to Design an Employee Incentives Program

The following are general guidelines on how to effectively initiate, develop, launch and implement an effective employee sponsored corporate incentives program.

• A corporate-wide, all employee recognition program must be derived from specific goals which can be clearly measured and effectively communicated.
  
• The employee incentives program must be packaged or positioned in a clear concise and memorable format.
  
• Senior management support is essential, however buy-in commitment and support for the recognition program must come from all levels of management.
  
• Specific employee incentives program initiatives must produce measurable results that directly impact the bottom line and deliver substantial ROI.

All elements of an employee incentives program must be linked to the achievement of specific and clearly defined goals.

Participating employees must be presented with timely awards at a value commensurate with their efforts and contributions. A base award earning opportunity should form the foundation of the incentives program and be linked to achievement of corporate goals. In addition, instant award and discretionary award opportunities should be present to generate on going enthusiasm and reinforce the overall importance of the employee incentives program.

The employee incentives program must be clearly, effectively and frequently promoted in order to build awareness and maintain intrinsic motivation and employee excitement.