Four Team Incentives

Teams thrive on incentives. What motivates teams?

Create a baseline to measure the impact of incentives on employee performance. Involve employees in creating the targets for each respective team. Divide those targets into manageable milestones. Divide rewards increasing the value as they move closer to the targets.

Four team incentives include money, a promotion, tangibles and intangibles.

Bonuses rule. Cut teams in on a cost-share bases. Short term targets lead to long term gains. Buy-in leads to ownership. Teams will drive their own success and hold each other accountable to obtain a coveted bonus.

Promotions come in a lot of packages. A prestigious job title coupled new skills help leverage talented teams. Upward mobility usually leads to higher pay and sometimes better benefits. A clear trajectory into management motivates teams to excel.

Tangibles include trips, season sports or concert tickets or a team retreat. Not every team is management material, but any team can improve performance with the right incentives.

Intangibles include recognition, awards, team of the month which should be coupled with special privileges.
This can be a special luncheon or barbeque on company time.

Incentives should be a part of any team approach and available at all levels of the organization.
Conduct an evaluation and make improvements to the incentive program. Change incentives periodically to achieve maximum performance.

Performance Appraisal Training

How to Design and Implement an Employee Appraisal Program

If employees cringe at the thought of an annual performance evaluation, the process needs to be redefined. A good apraisal process marries the company or organizations outcome measures to its composite performance. The concept of composite performance indicates no one resource can effectively carry out all the roles and functions, therefore, as a jumping off place employees need to be matched for optimal fit based on their knowledge, skills and talent. When one resource holds all the information it poses a serious risk. In this workshop attendees will learn how to

• Maximize Talent
• Provide Incentives
• Increase Buy-In
• Improve Morale
• Implement and Manage Organizational Change
• Honor Achievement
• Use Appraisals to Meet Organizational Goals and Objectives