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incentives

Using Incentives for Increasing Motivation and Productivity in the Workplace

Creating competition among employees by offering incentives will increase productivity in the workplace.

Andy Core is an expert in Work-Life Balance, Well Being, and Peak Human Performance.

Competition

When incentives are used to increase productivity in the workplace, employees often become competitive among each other. This means the employees will aim to achieve their organizational goals better than the next person does. When looking at the bigger picture, the organization benefits in the end. For example, when a few of the employees receive incentives, the rest of the workforce may improve in their efforts in order to be recognized in the same way The level of improvement in effort will rely mainly on how compelling the incentives are. The greater the incentive, the harder the employees will work.

Retention

When incentives are well thought out and well targeted, they will often help the company retain employees. No matter the form of incentive, as long as they can be compelling enough, employees will most likely develop loyalty to the firm. This means when faced with offers from other companies, employees can show loyalty even though the offer maybe more attractive than what you are offering them. This kind of loyalty definitely adds to the productivity in the workplace.

Limitation

Though incentives may serve a purpose and increase motivation levels, they have limitations too. When a system is put in place where those who work the hardest will reap the most rewards, problems are most likely going to be minimal. However, because organizations are not perfect, some employees may start to develop some resentment. This is because they believe they have worked hard and think they deserve to be rewarded when they have not been.

In conclusion, incentives can improve the productivity in the workplace if they are implemented with caution.

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Using Self-Esteem Incentives to Boost Productivity in the Workplace

In order to increase productivity in the workplace try to boost the employees' self-esteem.

It’s no secret that time flies. In order to increase productivity in the workplace, try to boost the employees’ self-esteem.

Andy Core is an expert in Work-Life Balance, Well Being, and Peak Human Performance.

Many managers often want the easiest way to increase the productivity in the workplace without having to spend much money. This is a very complex task, as it requires you as a manager to employ certain methods and approaches to your employees that will provoke them to rise to the challenge. In this process, management will also improve its productivity without having to send anyone through bunch of classes on productivity in the workplace.

Here is how it’s done:

Self-Esteem Incentives

Whenever a human being feels respected and appreciated for their efforts, they will become self-driven and often develop a desire to achieve more for the company, thereby increasing the productivity in the workplace. However, not every employee is the same and as management, you need to take time and understand your employees on a personal level. This will allow you to know how to show your appreciation to each and every employee in a way they can understand. For example introduce employee of the month and so on, it may help challenge the employees.

After analyzing the workforce, introduce incentives based on the things that you would have noted to make the most impact. For example, you can give an employee the chance to present something to the top-level management. By all means, they will feel honored and much appreciated and afterwards will be happier in the workplace knowing that their efforts don’t go unnoticed.

The impact of the self-esteem incentives on productivity in the workplace is very crucial to an organization.

To learn more on Andy’s programs, contact us today.

 

 

 

Business Motivational Speaker Perspective on Punitive Wellness Measures

Motivating Employees to Exercise

Business motivational speaker discusses ways to motivate employees to join a wellness program.

Andy Core is an expert in Work-Life Balance, Wellbeing and Peak Human Performance.

Any business motivational speaker will tell you that the success of these programs is usually dependent on the extent to which the people participate in the program. Just a few years ago, the idea of having incentives for wellness programs was very new. Companies have been known to offer cash incentives to encourage their employees to take health assessments and some even give out gifts for participating in biometric screening.

Times have however, changed and the trends are changing too. Most employers are now looking at a different strategy and new approach of outcome-based incentive programs. This means that the incentives are tied to the results of the program. Some companies have been on record saying that employees who are not participating in the programs should pay a fine.

This approach is likely to spark some resistance within the organizations. This means that you need to adopt a more traditional method to achieve the same goal. Here are some tips:

  • Get the top management to inform the organization about the aim of the program
  • Be clear about the use of the data collected and who can access the data
  • Give surveys to the employees and ask them what they want

Business motivational speakers will say that the best approach is largely dependent on the culture of the organization.

For more information about Andy’s work-life balance programs, contact us now. Contact Us Now!

 

 

Change Your Day, Not Your Life
A realistic guide to sustained motivation, more productivity, and the art of working well
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About Andy Core
Author and speaker on work-life balance, productivity and wellbeing
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