One example of an employee incentive plan is featured at Rocketlawyer.com, and it can serve as a template for creating a unique plan. You can also find ideas for what to include in an employee incentive plan at business sites such as Brandongaille.com, RRGexec.com and BusinessManagementDaily.com.Continue Reading
Employee incentive plans include basic elements such as setting criteria for earning incentive rewards, nurturing self-esteem, and rewarding individuals and teams. Incentive plans thank employees for their contributions regularly and give employees fair rewards based on efforts. Employers can award employees for doing a good job, keeping the workplace safe or accomplishing company goals. Companies with larger incentive plan budgets often create plans that include perks such as free food, on-site workout gyms and concierge services.
Some employee incentive plans allow workers to take days off whenever they like as long as work is complete. Health and wellness incentives such as free massages and low-cost medical check-ups help keep workers in good mental and physical shape. Companies with smaller budgets can use low-cost incentives to show appreciation. One no-cost idea is to have a top company executive call the employee and relay thanks for a job well done. Businesses can observe an employee appreciation week and fill it with fun activities, or have employees earn points through a gift card program.Learn more about HR