Staff Incentives – Help your staff help you… and save money at the same time.

 Thursday, January 22nd, 2009

And cost effective way of inspiring your staff into going the extra mile is to reward them for working hard or well. Don’t just give everyone in your company a gift to say thank you (although that does work), it is far better to target your best workers intelligently, in this way you decrease your spend and maximise the effect.

At the Corporate Gifts Company we talk to end users everyday about their needs, a case in point which illustrates the above comments is that of a regular client of ours… The company in question is an independent Estate Agent in London, every year the company spends £20 on a Christmas gifts for the people who work there. This year was different because of necessary cost saving procedures. The MD still wanted to show his appreciation to his staff and ask me how… So I suggested that rather than the usual ~ £500 spend, why not run a internal competition with 5 Engraved Star Awards costing at total of: £200. Each of the 5 awards would be given to a member of staff once a month, at an impromptu and fun awards ceremony at the end of each month. The award could be kept on the recipient’s desk until a new winner is chosen the following month.

The Awards are:

  • Best Monthly Sales
  • Biggest Individual Sale
  • Best Customer Service
  • Best Administration
  • Silliest Comment

This initiative increases productivity within the organisation; it evolves a fun environment to work in without taking it too far.

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2 Responses to “Staff Incentives – Help your staff help you… and save money at the same time.”

  1. Kim says:

    This was just a great post going to take a lot of the information and really use it and it makes a lot of sense too

  2. Jenny Smith says:

    Great article, thanks for the tips!