"Are You Considering An Incentive Program In Your Company"
"Are You Considering An Incentive Program In Your Company"
Employee performance can be a sore spot for many employers in this country. Most often you will find that the time that you believe that everything is well in hand, bang, someone comes along and pulls the rug out. You have employees that are not performing like you want. They are doing only what they have to and nothing more. Morale in the workplace is low and the complaints are high. Now you could use this situation to do a good lot of cleaning out. But that is not the issue that needs to be resolved.
The main focus of the issue is how to properly motivate the employees that you have. It will take a lot more time to fire the ones you have then train a bunch of new ones and this will cost you money. There is a reason that you hired these employees in the beginning so there is no reason why you should not take the time to make it all worth your while. It will simply take some doing.
Employees will respond well to incentives. That is just a simple fact of life. We are all very much human and we have our own little way of doing things. Didn't we all respond better to things through our parents when we were offered an allowance for doing so? That's right, there is nothing different with this kind of situation. The employee is like your child and you have to figure out how to properly motivate the employee to do what you want them to do.
Now you could simply offer more money to the employees that you wish to have performing better. This is not highly successful. If they are getting paid more for not performing up to par then why should they do anything else. This may seem strange but it is a simple fact of life. You will have a bunch of people not doing anything and getting paid more for it. So that is not the way to go.
It is better to offer some kind of rewards or incentive program. This can be two fold or more if you wish. So let's say that you want to reward the top salesperson in the company. Now you can implement a bonus program for a certain amount of sales, say $100 for reaching a certain level. That is all and well but you need something more. So create another level where they not only get the $100 but they can also earn a dream vacation that is completely paid for.
This may sound like it is very expensive but that is just not the case. There are companies around that have come up with solutions like this and they make it very easy for you to make it happen.
Most companies offer bulk pricing on vacation package deals that are so low in cost that you might want to use them for yourself as well.
Not only are they cheap but they are the perfect incentive to get the employees on your staff motivated to make it all happen. You will have minimum out of pocket expense and see the amount of your sales grow. Nothing could be better for you and the employee.
Are You Considering An Incentive Program In Your Company - To learn more about this author, visit Sheryl Strasser's Website.
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Why Consider An Incentive Program In Your Company?
Employee performance can be a sore spot for many employers in this country. Most often you will find that the time that you believe that everything is well in hand, bang, someone comes along and pulls the rug out. You have employees that are not performing like you want. They are doing only what they have to and nothing more. Morale in the workplace is low and the complaints are high. Now you could use this situation to do a good lot of cleaning out. But that is not the issue that needs to be resolved.
The main focus of the issue is how to properly motivate the employees that you have. It will take a lot more time to fire the ones you have then train a bunch of new ones and this will cost you money. There is a reason that you hired these employees in the beginning so there is no reason why you should not take the time to make it all worth your while. It will simply take some doing.
Employees will respond well to incentives. That is just a simple fact of life. We are all very much human and we have our own little way of doing things. Didn't we all respond better to things through our parents when we were offered an allowance for doing so? That's right, there is nothing different with this kind of situation. The employee is like your child and you have to figure out how to properly motivate the employee to do what you want them to do.
Now you could simply offer more money to the employees that you wish to have performing better. This is not highly successful. If they are getting paid more for not performing up to par then why should they do anything else. This may seem strange but it is a simple fact of life. You will have a bunch of people not doing anything and getting paid more for it. So that is not the way to go.
It is better to offer some kind of rewards or incentive program. This can be two fold or more if you wish. So let's say that you want to reward the top salesperson in the company. Now you can implement a bonus program for a certain amount of sales, say $100 for reaching a certain level. That is all and well but you need something more. So create another level where they not only get the $100 but they can also earn a dream vacation that is completely paid for.
This may sound like it is very expensive but that is just not the case. There are companies around that have come up with solutions like this and they make it very easy for you to make it happen.
Most companies offer bulk pricing on vacation package deals that are so low in cost that you might want to use them for yourself as well.
Not only are they cheap but they are the perfect incentive to get the employees on your staff motivated to make it all happen. You will have minimum out of pocket expense and see the amount of your sales grow. Nothing could be better for you and the employee.
Are You Considering An Incentive Program In Your Company - To learn more about this author, visit Sheryl Strasser's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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