If you're looking to become boss of the year, have you thought about staff incentives? By offering your staff something in return for their hard work, the whole team will be more productive. Used by top managers and leaders throughout history; it's a tested and proven method to increase staff productivity.For example: you could offer target incentives. This is extremely effective in sales environments where a certain number of sales must be met in a certain period such as a week or month. At the end of that period anyone whom reaches the target is rewarded with a prize.
In this article we'll look at 5 incentives you could offer your staff to improve their efficiently and also make you a well respected and appreciated boss too.
1 - Organise a trip for top performers
Those within your team that give the best performance could be rewarded with a trip away. Think about what your team members would really like; if you manage a fairly young team it could be something like a trip to a theme park. Other ideas might be; a trip abroad, a wine tasting trip or even a racing car experience.
Those within your team that give the best performance could be rewarded with a trip away. Think about what your team members would really like; if you manage a fairly young team it could be something like a trip to a theme park. Other ideas might be; a trip abroad, a wine tasting trip or even a racing car experience.
2 - Pay bonus
Although a very obvious choice for an incentive; pay bonuses are extremely effective. Besides, we all need money to survive. If you offer your team members the chance to gain extra cash by reaching set targets or performing very highly, you may see productivity increase significantly.
Although a very obvious choice for an incentive; pay bonuses are extremely effective. Besides, we all need money to survive. If you offer your team members the chance to gain extra cash by reaching set targets or performing very highly, you may see productivity increase significantly.
3 - Hire an Aston Martin
Why not pay for your top performer to hire an Aston Martin for the day? Providing the top performer is a car lover and would appreciate it; it could be a massive incentive for staff. Your staff will soon respect you if you're offering something as priceless as this.
Why not pay for your top performer to hire an Aston Martin for the day? Providing the top performer is a car lover and would appreciate it; it could be a massive incentive for staff. Your staff will soon respect you if you're offering something as priceless as this.
4 - Pre-paid holiday
Offer an all inclusive holiday either to a group of top performers, or just one or two. We all want time off work, it allows us to relax, unwind and recharge our batteries. What better way to encourage your staff to work that little bit harder than with an incentive of sun, sand and time away from work.
Offer an all inclusive holiday either to a group of top performers, or just one or two. We all want time off work, it allows us to relax, unwind and recharge our batteries. What better way to encourage your staff to work that little bit harder than with an incentive of sun, sand and time away from work.
5 - Extra holiday time
Another really simple incentive; we all want a break from work from time to time. Offering top performers an extra few days or even a week or two will encourage almost all team members to work harder. As long as you plan out each team member's holiday, there's no reason why they can't all take extra time off at some point.
Another really simple incentive; we all want a break from work from time to time. Offering top performers an extra few days or even a week or two will encourage almost all team members to work harder. As long as you plan out each team member's holiday, there's no reason why they can't all take extra time off at some point.
Whatever incentives you choose to offer your staff; choose something that's right for them. A trip to a theme park probably wouldn't be appreciated by everyone in your team. Give some thought to what makes your team members tick. What makes them happy and how could you reward their hard work? By offering such incentives you could very quickly be their boss of the year.
What would incentivise YOU to perform better at work?
What would incentivise YOU to perform better at work?

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