EMPLOYEE MOTIVATION PROGRAM

Resurrect your profitability by using employee motivation programs

If one goes looking for reasons as to why some companies not only become incredibly profitable, lean money-making machines but also garner tons of respect among all the stake-holders in the company – the promoters, the customers, the creditors and the share holders - the reasons usually boil down to just one: the collective productivity of employees in those companies.

There was a time when employees were mere cogs in the wheels of business functions. People whose services have been utilized to ensure smooth running of businesses. Things have changed drastically now and employees are – like mentioned above—indispensable for business success. The Hawthorne Studies indicate that attitudes of the employees play a vital role in conditioning their mind and make them motivated (which is why you see a rush towards implementation of employee motivation programs) and it isn’t just for money that they work. Enticing or retaining employees by simply paying them more isn’t even close to the solution.

With ever-increasing stress levels, decreased productivity; fading Interest levels; lack of employee morale and enthusiasm and an ever-increasing decrease in the motivation levels of the employees has forced most companies to adopt employee motivation programs as a solution to enhance the productivity of the employees.
Make your corporate incentive gift card program work for you.

As the Corporate Gifting Industry just raised its chin up and stared seeing a slight push in terms of acceptance globally, innovations and new ways of doing things have already found a place in this otherwise start-up industry. Presented with an unprecedented scope and a wide array of options, the consultants and Corporate Incentive Specialists have started thinking out of the box and have come up with unique solutions -- one such unique and quite a nifty solution in the form of a corporate incentive gift card.

Corporate Incentive Gift card or Gift card as it is often called is a small credit-card sized privilege tool used for situations wherein a corporate wants to grant special privileges to certain employees, partners or vendors in recognition of their valuable contributions to the company in one form or the other. It is sometimes given in compliment for a long and established professional relationship too.

Let’s look at certain ways the Corporate Gift Card programs take shape and how they might provide a boost to your brand, increase profits or foster loyalty among employees:
Why and How ROI can Smoothen Corporate Incentive Award Program Management

For businesses to be competitive, people working for these respective companies must strive to exceed; replace self-indulgence with loyalty and allegiance and to do the extra-ordinary. But they will do that only if these businesses in question can provide them with enough appreciation for all that work done and results achieved -- appreciation that they find compelling enough. Even before anyone even thinks of initiating any massive program to do just that -- it is, perhaps, critical to know what motivates people and then implement a very cost-effective but still unforgettable corporate Incentive award program on your company’s behalf.
Like all other things in business go, you’d need to pay attention to something very critical to the successful implementation and justification of the said program -- The return on your Investment (ROI). The ROI alone can justify the move and prepare you to be in a position to prove the efficacy of your very successful, but proof- worthy corporate incentive award program .The reason why ROI is stressed so much is because it is the only number that is tangible and is measurable. Other wise the increase in the morale, the customer/vendor/employee goodwill are all intangible assets the program seemed to have successfully implanted -- nevertheless, it can’t be measured. So, how can you ensure that the program will not end up costing you more than its worth, if it weren’t for the ROI?
Top Ideas for practical incentive programs

Hiring employees is hard enough and drains us of our money, should we even consider those inventive programs for them? “Seems to be the common refrain the CEOs or hiring managers of many companies dole out by the dozen, when asked. But then, they could be totally wrong. You did spend money to hire them, but if you don’t spend this little extra now for various incentive programs, you are bound to lose them. If one thinks of it all as a full package and a net amount of money that goes into nurturing talent within a company, it wouldn’t turn out to be much when you compare that with you would incur if you had to go looking for employees again.
How to implement an effective Employee reward system in your company
Rewarding people for good work done isn’t something new and history is replete with stories of people being rewarded for commendable efforts. Things haven’t changed in this regard in companies today and studies have shown that attrition is indeed less in companies that have strong Human Resource policies that have successfully implemented employee reward systems in place.
A practical, scalable and result oriented employee reward system would make the process of recognizing and rewarding employees a seamless and effortless activity that falls in line with the entire HR function, company wide. With the advent of technology, it is now easier to implement an enterprise-wide employee reward system. However, there are a few things to be kept in mind for best results:
Employee reward and recognition programs - the Corporate Pat on the Back
Employees aren’t always motivated by big fat paychecks and there is enough research done to back this up. Employees, when it boils down to it, crave for much simpler things than salaries. A book by Bob Nelson called, "1001 Ways to Reward Employees" Nelson spent painstaking years in researching all kinds of companies and also studied the behavior of various employees within those companies to gauge what motivates them and what doesn’t. It was found that is a huge disparity between what managers think motivates people and what those same employees say motivates them and the difference is indeed simple -- managers think that the employees are motivated just by their pay packets, but the employees don’t think that way, all they ever needed was recognition of their efforts and a word of appreciation.
5 Different Types of Employee incentives you must know

Employees are important to an organizations overall success and development and it is hence all the more important for us to understand that all people work for something or the other in return -- be it money, appreciation, a sense of achievement. However, it is seen that either companies don’t think about it; do a passion less attempt at trying to dole out incentives; limit it to the sales staff or worse -- don’t do it at all. But what are different kinds of incentives that exist? The reason why we think of employee incentives in clusters is the fact that it would be easy to think of ideas or do brainstorming if you know what you are looking for. Here are 3 broad clusters that the employee incentives can fall into:
How to Develop a Reward incentive program System for your company.

The main difference between mediocre company reward incentive programs and truly successful ones is planning -- It is so important that there is an entire industry that thrives on this aspect alone just because the companies didn’t seem to utilize their own resources to find solutions to their problems. Contrary to what most people might say, a success reward incentive program can be implemented if you pay attention to a few pointers, listed below.
Define Your Goals
Even before you start implementing your corporate reward incentive program you must ensure that you write down your plans. Just what is it that you want to achieve out of this? Instill brand image? Promote your company’s referral program? Generate sales, boost morale, improve customer service, or hit a given revenue mark? It is important to decide what you want to accomplish as well as have a good understanding of your business and its inherent corporate culture and then set about designing your reward incentive program.
How to implement employee recognition for effective results

Employees are the engine of any company and businesses throughout the world now realize that Employee recognition isn’t something that is a fancy term in the Human Resources Management, but is in inherent part of the overall organizational behavior and has a critical role to play in the other wise fragile business fabric.
Employee recognition reinforces the highly critical contributions employees make towards the company’s profits, growth and brand name and rewards the most competent; productive and loyal employees for the mind-boggling results that are created for your business. Employee recognition also helps employees feel proud of their achievements, get noticed, know where they stand and understand their contributions to the company. They also get a firm understanding of what is expected of them and why. By applying with your chosen means of employee recognition, the actions and behaviors you would love to see your employees or staff repeat are easily replicated and this would, in effect develop itself into a system that can prove to be flawless. An effective employee recognition system is simple, immediate, and powerfully reinforcing.
However, just because employee recognition is a highly effective business management tool it ought not to be used just for the fact that most successful companies seem to be doing it. It has to be done for very specific objectives to see very specific results. Perhaps a few pointers in this direction will help you implement a very effective employee recognition program.
5 Wrong reasons to implement an employee incentive program

Business the world over are rushing to get their employee motivation programs, retention centric activities going on at full scale and across the entire organizations, but there is a likelihood that it is being done for wrong reasons instead of the right ones. Now that must have come as surprising to you, but the reason your employee incentive program even exists could be working in a totally different way against the way it was intended to be, here are the possible reasons why your employee incentive program is being done for the wrong reasons :
Corporate Incentive Programs: getting the Bang for your Buck

The Human Resources Managers in most companies have a major work to get done each year, or even multiple times in a year. For them, the act of getting their corporate incentive program right or to generate sufficient results from the approach they have out in is a point of major concern. Given below are a few tips to ensure that it can be done to pound the bang from every buck you spend on such a program.
Resurrect your profitability by using employee motivation programs

If one goes looking for reasons as to why some companies not only become incredibly profitable, lean money-making machines but also garner tons of respect among all the stake-holders in the company – the promoters, the customers, the creditors and the share holders - the reasons usually boil down to just one: the collective productivity of employees in those companies.

There was a time when employees were mere cogs in the wheels of business functions. People whose services have been utilized to ensure smooth running of businesses. Things have changed drastically now and employees are – like mentioned above—indispensable for business success. The Hawthorne Studies indicate that attitudes of the employees play a vital role in conditioning their mind and make them motivated (which is why you see a rush towards implementation of employee motivation programs) and it isn’t just for money that they work. Enticing or retaining employees by simply paying them more isn’t even close to the solution.

With ever-increasing stress levels, decreased productivity; fading Interest levels; lack of employee morale and enthusiasm and an ever-increasing decrease in the motivation levels of the employees has forced most companies to adopt employee motivation programs as a solution to enhance the productivity of the employees.
5 ways to improve your Employee Recognition program

We are going through tough economic times and the increasing demands to cut costs and pander to customers is getting all the more difficult to cater to. This and myriad of other reasons can stimulate the need for an employee incentive program. If it is done properly, the investments can be minimal and the results can be just phenomenal.
Here are some tips on ensuring your employee incentive program meets your goals :
Are corporate business gifts poised to Solve Attrition problems?

As Companies are increasingly moving towards an era of “going out of the way to make stake holders happy”, corporate business gifts take an interesting and surprisingly critical role in business situations. Al though the term “Corporate Business Gifts” or Corporate gifting as it is called in the Industry isn’t knew and has been in practice for a long time dotted with numerous examples through-out history, it has somehow taken a new meaning now, what with business deals going sour at the drop of a hat and burgeoning attrition levels with respect to employees and much more.
5 Ideas for Corporate Incentive Gifts

The art of Corporate Gifting isn’t an easy skill to master and the aspect of narrowing down on the prudent choice of Corporate Incentive gifts have always been shrouded in a mystery -- it seems to be more of an art than any real science. At least that is what most of the busy HR professionals seem to be thinking. For them, each time they need to make a decision regarding what to gift their recipients, they would be lost. Given below are a few Corporate Incentive gifts that can be considered to be a part of your employee incentive program or corporate incentive program:
Advantages of an online incentive program compared to the offline one.

Technology – Internet to be specific – has enabled e-commerce and has dissolved the geographical boundaries. If you have anything today, it id the digital divide, the length of which is hardly a click. In that case, has your company espoused the power of the Internet? What systems have you implemented to ensure that your incentives program that you run through-out the company is effective? Does it reach everyone? Do you spend a lot of money to implement it? How many people does it take to heave it into action? Probably a lot, if you aren’t harnessing the rich features of an online incentive program.

So what is that that an online incentive program does, that cannot do otherwise? What might be the specific advantages of an online incentive program?
Get your Employee loyalty program to work for you today

“The best kind of loyalty is when both parties are benefiting Scott Brooks”, Gantz Wiley Research. Attrition rates are like those ghosts that haunt us day and night. Corporate HR executives all over the world face this problem everyday and yet nothing really can be done to stop the negative onslaught of depleting numbers in the labor force. One such tool that is used by a lot of companies is the implementation of management tools like employee loyalty programs.

Although there is no guarantee that next employee loyalty program you had kicked off is going to change the dynamics of your organization over night, it could at least be done the right way for maximum effect. Here are a few ways we could think of to shape the best employee loyalty program:
Getting your sales incentive program right

Marketing is probably the only function that really brings in revenue for the company as compared to all the other functions. But on the other hand, in the specific area of sales, it becomes very vital for the company’s management to keep a firm hold on its sales staff. Sales personnel are highly burned out and need a lot of pushing from the company—a sale incentive program, among others, is one of the best ways to make it happen. So how exactly does one implement a Sales Incentive Program.
How to implement an online sale incentive program for your company

Marketing is the revenue earner for every organization and the sales staff plays a vital role in the entire sales cycle. They often form the crux of the marketing system and the key to a successful marketing fabric in a company is to see to it that the sales staff are motivated and pushed to peak performance. One way to do that is to implement a sale Incentive program. However, as we move into the 21st century, we need to keep up with the pace of the technology and leverage the power it has to offer. Discussed below are a few steps on how to trigger your online sale incentive program:
5 Terrific Employee recognition ideas
It is well know that employees form the fulcrum of any organization but yet scores of business find it very difficult to come up with innovative ideas to recognize and reward their employees. Of course most of these companies even have a full-blown Human resources function that does spend a lot of time on these activities but a really worthy and effective employee recognition idea is still a rarity.
However, where the faucets of creativity are still open apart from scores of resources available both online and off, finding the right employee recognition idea mustn’t be such a chore after all. Here are a few ideas that can make for a good employee motivation idea:
Reasons to implement an employee incentive program and sales employee reward.