Given or received in return for service, merit or hardship.
Why Create Incentive Programs?
Ability + Motivation = Results. In other words, teaching people how to succeed and then giving them incentives will result in success. A sales team which gets a commission for sales will not be any more motivated by increasing their commission, it's simply paying them for what they are already doing. An incentive program will motivate that same sales force to concentrate on difficult product or territories.
Incentives can measurably improve sales and work habits, ensure safety, reward loyalty, attract and attain quality employees and engage participants.
The Most Common Objectives
- Increase sales
- Ensure safety
- Improve work habits
- Reward loyalty
- Attract and retain quality employees
- Engage participants
How to Design an Incentive Program
8 Easy Steps to Design an Incentive Program
Tax benefits available to an organized safety Program.
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