Workplace Recognition and Incentive Programs

Reward for Results

Posted on October 31, 2012 by Motivo Staff in Motivation Stream

The best way to reward individuals varies but is a necessary foundation for efficient management. Cash is in no way the only motivator of people, however too little cash de-motivates absolutely. Studies have proven that once the basics of salary and job security are met, tangible rewards are more effective than money to motivate. 1. Determine Levels of Reward Appropriate rewards are something valued by the intended recipient. Think about what level of reward will entice, retain and inspire people of the caliber that you require. If an employee does one thing that leads to a one-time boost for the company, a one-time incentive is most appropriate. However, if the action provides ongoing benefit to the company then something more substantial is in order. 2. Why Give Workers Added Rewards In Addition To...

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