How to Run Successful Employee Incentive Schemes

How to Run Successful Employee Incentive Schemes
Author: John G Fisher
Publisher: Kogan Page Publishers
Total Pages: 240
Release: 2008-09-03
Genre: Business & Economics
ISBN: 0749455594

How to Run Successful Employee Incentive Schemes provides practical advice for anyone who is responsible for constructing effective motivation programmes or incentive schemes for staff, salespeople or distributors. This revised third edition, which is now endorsed by the Institute of Sales Promotion, includes up-to-date and relevant information for all those looking to motivate staff in order to maximize profit potential. Using relevant international case studies, the book contains updated information in keeping with the latest developments on the Internet and new software advances. It covers all aspects of performance improvement in a comprehensive and accessible way, including: constructing programmes, flexible benefits, incentive travel, events and recognition systems.

How to Run Successful Incentive Schemes

How to Run Successful Incentive Schemes
Author: John G. Fisher
Publisher: Kogan Page Publishers
Total Pages: 196
Release: 2000
Genre: Business & Economics
ISBN: 9780749434076

A reference source for managers wishing to introduce incentive schemes into their organization, this volume combines practical advice and real-life case studies. It examines schemes such as bonuses, commission, share options, free travel, vouchers, loyalty points and staff parties. The most important part of incentives, the ability to monitor and measure their effectiveness, is looked at in detail, as well as technological advances in the industry, such as smart cards and the Internet.

Strategic Reward and Recognition

Strategic Reward and Recognition
Author: John G Fisher
Publisher: Kogan Page Publishers
Total Pages: 257
Release: 2015-06-03
Genre: Business & Economics
ISBN: 0749472537

Non-monetary incentives and recognition programmes are an area of employee motivation that is often overlooked. Yet, as Fisher's book reveals, a strategic focus on non-cash rewards can generate significant return on investment in terms of employee engagement, performance improvement and financial results. In the present economic context, with companies pushing to deliver more for less, it is a particularly pertinent issue. Strategic Reward and Recognition brings together theory and practice to guide HR professionals, consultants and senior leaders in developing the most effective programmes for their organizations. It features examples of good practice from all over the world, from different sectors and from both large and small organizations, providing coverage of digital as well as in-person schemes.

Make Their Day!

Make Their Day!
Author: Cindy Ventrice
Publisher: Berrett-Koehler Publishers
Total Pages: 222
Release: 2003
Genre: Business & Economics
ISBN: 9781576751978

Written from the employees' viewpoint, this book explains why good working relationships form the core of effective workplace recognition.

Compensation and Motivation

Compensation and Motivation
Author: Thomas J. McCoy
Publisher: Createspace Independent Pub
Total Pages: 272
Release: 2012-09-01
Genre: Business & Economics
ISBN: 9781479360338

"Compensation and Motivation" is the first book in the Culture of Partnership series. With a strong foundation in social science and behavioral psychology, this book will show you how to develop incentive plans that work! Turn the cost of compensation into an investment that will increase revenue and profit, enhance the value of the organization and motivate all employees to deliver the business strategy. Compensation and Motivation describes how to develop the right reward system that will engage and motivate the target audience. Employees come to work for the rewards, either material (money), social (recognition and appreciation) or both. Mr. McCoy shows how to combine behavioral psychology and business strategy to create a reward system that offers fulfillment to the employees if they deliver on the company goals. This book goes beyond just showing how to link pay to performance. It shows how to balance the array of rewards that a company can offer (cash, benefits, meaningful work, social recognition and appreciation) so that the maximum motivation is obtained with the least overall cost. It's called "the mix that motivates." Since this book was initially published, over 65 percent of all businesses now offer some form of incentive to all employees. However, many of those efforts are ineffective in achieving the organization's goals. This book shows how to engage all employees in the business, motivate them to perform at exceptional levels, create a common focus and a feeling of shared destiny (teamwork.) Learn how to become an employer of choice. Learn how to engage employees so that the operation "runs itself." Learn how to use compensation as the engine that drives a Culture of Partnership.

Company management. How can employee motivation be increased through incentive systems?

Company management. How can employee motivation be increased through incentive systems?
Author: Nadine Schmidt
Publisher: GRIN Verlag
Total Pages: 52
Release: 2022-02-17
Genre: Business & Economics
ISBN: 334659372X

Diploma Thesis from the year 2017 in the subject Leadership and Human Resource Management - Employee Motivation, grade: 1,3, , language: English, abstract: The motivation of employees is an important task of today's corporate management. In order for managers to do justice to their tasks and encourage employees to perform at their best, they must know how to influence the attitude and motivation of their employees in a positive and performance-enhancing way. Since each employee pursues different goals and the company's goals must not be neglected, managers must develop a flexible incentive system in order to reconcile the goals of the employees and the company's management. But how exactly does an incentive system have to be designed in order to be able to motivate employees? In this book, the author takes a critical look at increasing employee motivation using incentive systems. To this end, he compares basic motivation theories by Maslow, Herzberg and Vroom, among others, and illustrates the benefits for today's personnel policy. The author also shows how incentive systems work. In doing so, he makes it clear where the possibilities and limits of monetary and non-monetary incentives lie in relation to the willingness to perform of a company's employees. From the content: - Motivation theory; - Attraction; - Extrinsic motivation; - Intrinsic motivation; - Monetary incentive schemes; - Non-monetary incentive systems

Employee Reward

Employee Reward
Author: Michael Armstrong
Publisher: CIPD Publishing
Total Pages: 596
Release: 2002
Genre: Compensation management
ISBN: 9780852929384

Revised and rewritten to take account of the new academic standards that will be taught from September 2002, this text examines the many forces influencing decisions about pay - market forces, economics, corporate culture and strategy, to name a few. It provides clear guidance on all remuneration issues, including job evaluation, grading structures, performance management, profit-related pay, benefits and reward for particular groups. By starting from first principles and adopting an integrated approach, Employee Reward provides a definitive overview of the whole process.