How to Encourage Better Performance for Employees through Incentives
Sometimes, employees may get the idea that their employees are not so much engaged in work as they should be. They thus embark on identifying factors that could bring about motivation and thus increase the performance of the employees. Well, motivation is among these factors that increase motivation. Sometimes, we may think that incentives are an expensive motivational factor. In fact, some are very cheap. Even the least expensive of these incentives boost employee motivation effectively. One among them is giving shout-outs. All exceptional efforts require to be noted and recognized by the employees. You do not require to call the employee into your office to give the shout-out. You can use other platforms including employees’ group chats as well as email newsletters. Such a small gesture can work effectively for increasing employees motivation. Recognition means a lot and provides another reason for the workers to be proud of their work. Also, recognition make employees more satisfied with jobs and as a result, they perform even better.
A critical incentive is personalized goals. Ensure you get to each employee and know their goals and the link with general organizational goals. Employees with personal goals are better motivated to perform compared to those who only work towards the general company goals. Employees do their best in roles assigned to shine. At the same time, you can use profit shares instead of cash bonuses. They feel a great and important part of the organization, take pride of their roles and work towards achieving goals together. You can offer gift cards to places where the employees can have amazing experiences including restaurants and movie theatres; also include options such as paid leave and paid trips. Such experiences make them feel valued and loved, and thus would they like and value their jobs. Also, ensure you allow flexibility for employees. Ensure the working hours, supervision as well as monitoring are all reasonable. Autonomy in tasks can also encourage them to improve productivity without pressure.
Most employers have at a time heard of a plaque award. But at the same time, you should consider how the plaque award can improve motivation. A plaque award can differentiate your business from the rest. For instance a plaque award could be a present each employee could display at their desks. You can also issue a plaque award in form of a gift cards to employees or other places to employees. Besides, other forms of a plaque award include discounts for services such as gym membership. All these indicate that you really care for the employees and it could in turn improve their performance.