How Employee Recognition & Incentives Can Increase Operational Efficiency
It’s no secret that everyone likes to get a little special something- and in the current economic downturn, this tactic remains critical for your most valuable assets- your employees.
Incenting your employees throughout the year is a great way to encourage top performance. Consider hosting an operational efficiency campaign- which will motivate associates and improve your business. At the end of each month or quarter, evaluate your various business units. If goals were met (or even exceeded) you can incent each employee with a gift that includes a special logo to highlight their achievements.
A Proformance Logo customer recently implemented a similar strategy and the results were phenomenal. The CEO wanted to reduce or eliminate accidents in the workplace. He challenged his employees to work accident free for a certain amount of time in exchange for company branded gifts. Not only did the team meet their goal- the company’s insurance rates were reduced as a result. Customer satisfaction and employee morale increased. The insurance savings more than covered the cost of the branded jackets given to thank his associates!
What about your sales staff? Sales professionals are some of the most incentive-driven members of your staff. Treat them to a custom imprinted computer bag or a dozen logo golf balls for hitting their quotas, and cover the costs tenfold in your increased company sales.
The holidays are upon us. Maybe you don’t have the budget this year to host the usual elaborate steakhouse holiday event from past years. Why not host a pot luck in the office, offer a half day off, and give your associates something memorable and functional to take home? A watch with the company logo is a nice touch to thank your associates for a year of hard work.
Have fun with the idea and personalize your campaign. Whatever route you choose, employers cannot go wrong with employee motivation strategies.
Tags: employee recognition, employees gifts, incentives, logo golf balls
This entry was posted on Saturday, December 12th, 2009 at 6:55 pm and is filed under Incenting and Recognizing Employees. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.