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A GREAT way to help boost your employees’ performance is to introduce an incentive scheme.
One of the most common is a performance-related bonus but there might be other perks that your business can offer staff to improve morale and keep them motivated. Consider the following when thinking about a scheme: Incentives schemes offer many benefits such as improving staff retention and boosting productivity. Some incentives may benefit your business indirectly, e.g. free health assessments may reduce absences. Incentives should be affordable, transparent and appropriate to your business. They work best alongside good pay schemes and working conditions. The most successful schemes are implemented with other good management practices such as appraisals and training programs. Staff should be consulted about new incentive schemes. For more information about using staff incentive schemes go to www.businesslink.gov.uk/nw/incentives. |