Employee Engagement

Five Must-Try Employee Incentive Programs to Engage Your Team

If you’ve found this article, there’s a good chance that you’re looking to give your team (and maybe yourself!) a bit of a boost. Nothing unusual there — work is, well, work! For the amount of time we spend at work, adding a little encouragement and motivation along the way can make a huge difference in the quality of our experiences. But how? Let’s dive in! What is an incentive? Great incentives initiate and fuel desired behaviors and consolidate mindsets for a visualized outcome in almost any human interaction scenario. The best examples are customer incentives (applied to the marketplace) and incentivizing employees (driving work environment behavior). What do they have in common? “Reward expectation” – the power essential to spur someone to act in a certain way. When incentives work as you expect them to, the resultant change in behavior should create benefits such as speeding things up, reducing errors, avoiding problems, building efficiency, diminishing cost, and bolstering revenue. The expectation momentum revolves around the probability of meeting the incentive challenge and the reward value for the action that created improvement. Why is this crucial? The greater the expectation, the more likely the visualized behavior will achieve better results. While there are many factors influencing motivation at work, incentives drive excitement! It’s essential to understand that the incentive cycle is dynamic. So, suppose your employees see the realized reward—with a twenty-twenty look-back—as disappointing and, on second thoughts, not worth the effort. In that case, your next round of incentives […]