2015 Promo Catalog

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Page 15 of 115

Awards & Incentives Nothing beats the "on-top-of-the-world" feeling that comes with recognition: the gold star you got in second grade, the drawing proudly displayed on the refrigerator, the championship trophy. Don't forget the high-fives from your coworkers or the approving nod from your boss when you wrapped up a big project. Those things stick with you. That's why awards and incentives are so important for your business. In one survey 1 , 24% of respondents said recognition was their top motivation at work, ahead of compensation (19%) and opportunity for advancement (10%). With 77% of employees reporting that they'd work harder if they felt better recognized, it's a no-brainer for businesses to step up their incentives programs. This guide can help you get started. 1. All statistics from IntelliSpend: 23 Employee Motivation Statistics to Silence Naysayers IDENTIFY the goal ESTABLISH a plan CHOOSE the right award PROMOTE the objective Don't just say, "We need to do better." Decide on a specific objective – boosting productivity, increasing profits, etc. – before you begin and use that as the starting point for your program. Define the incentive program's guidelines so employees are on the same page and know what they're working toward. Knowing the goal will help employees focus their efforts. Want to reward employees for hitting a health initiative goal? A less formal award, such as a trophy or medal, will do. Want to recognize a major milestone? Go with a high-end crystal award or desk clock. Whatever the goal, there's an award to match. Get the word out to employees and keep it fresh in their minds with printed materials such as flyers and posters or other promotional items. 1. 2. 3. 4. 14

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