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Implementing an Employee Rewards Scheme



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By : Dave Matthews    29 or more times read
Submitted 2010-01-31 13:02:29
It s always going to be a difficult task for team supervisors and managers to find cost effective ways of rewarding their employees for a job well done. Workers need to feel appreciated and staff incentives are as important a part of a business as any other. The most challenging aspect of finding an appropriate incentive is that one reward may not necessarily fit the motivation of all the employees. A reward that may motivate and inspire one worker may draw little enthusiasm from others. A system of employee recognition is an important tool for a manager to wield and a good programme that rewards workers hard graft is a surefire way to increase employee performance. So what is the best way to go about implementing such a program?

Firstly, as a manager you need to determine what your employees consider to be most important. One of the most important aspects of beig an effective leader is the ability to recognise what motivates your employees. Obviously the larger your organisation or team, the more of a challenge this will prove to be. A good idea to extract this information from larger groups is to offer up an employee survey or possibly a suggestion box. Both of these are effective tools as means of guaging employee feedback for use in building a successful incentives program.

Make sure that your rewards program is one that is broad and flexible. Availability and times change as often as employee motivation can. As an example, a newer employee may benefit greatly from an extra day of as a reward, however a worker who has remained loyal to the company for many years may find the offer much less attractive as they will no doubt have accumulated more vacation time during their tenure. The recognition scheme must be flexible enough for you to include additional incentives, however at the same time it must be broad enough to include the desires of the entire workforce.

Don t be afraid to get a little creative when it comes to choosing rewards for your employees, after all financial incentives wont motivate everyone. Similarly, not everyone will enjoy a sporting event or tickets to go and see a show. It helps to be able to let inidividual employees choose their reward, hence the high demand for gift cards to popular shops. Most would agree that public recognition is a good driving force, so perhaps a lunch in their honour could be a novel suggestion. As mentioned previously, feedback from workers will help to develop some creative ideas.

Be sure that you communicate these rewards right throughout the organisation. Workers will find themselves more motivated if they believe that the rewards are real and that they have a genuine opportunity to receive one. As part of your worker s incentive program, make sure that any communications surrounding the scheme describe previous winners, what they accomplished in order to gain the reward and what they received as a result. This will give other employees a clear idea and understanding of the goals that need to be achieved if they are to receive their reward.
Author Resource: Dave Matthews is writing on behalf of Owl Event Management (http://www.owleventmanagement.co.uk), a leading organiser of corporate events for staff incentives.
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