Remember Me
forgot your password?

Do Employee Incentive Programs Encourage Teamwork?

Once upon a time, the way you got paid for the job you did was very simple. You worked a set number of hours and you got a commensurate amount of money. Later, when the idea of commission arose, it was more performance-related. If you sold enough, arranged enough meetings, or did enough of whatever else you had to do, you would get paid by the result. This was attractive to the most successful workers, as it provided them with a reward for performance, but it was less attractive to those whose abilities in the job were less measurable by statistics. As a consequence, there has been a kind of uneasy stand-off between assured salaries and commission-based remuneration for some time now.

In the present time, then, there have to be smarter solutions. There are genuinely some people who are excellent at their job in a way which does not fit in neatly to a commission based rewards program. Some people are more useful to a company because they are meticulous with their attention to detail and their fact-checking abilities. Others are worth their weight in gold because they are capable of motivating their co-workers to produce more and more each day. As things stand, however, there is no way of statistically monitoring someone's motivational, improvisational brilliance. The boss who wants to be fair to their entire workforce needs to think outside the box when it comes to rewards and incentives. One way of doing this is to have a team incentive program.

A team incentive program may initially seem like it would reward the slackers in a team and punish the high achievers. After all, if the team is achieving results but some members are not quite hitting the heights, then it stands to reason that the team's success is down in large part to the big hitters, and the rewards should go to them. And in many cases this is what happens. However, the fact of the matter is that a manager who knows their team can design a reward and incentive package that will creatively reward the team for their success while also paying tribute to the members of the team who really excelled themselves.

Rewards can be big or small, and can be given on the basis of measured results or on the say-so of other team members. There are several different ways that a person can impact on the positive performance of their team, and it merely starts with the statistical breakdown. By collating the opinions of other team members, as well as monitoring the group dynamic, it is possible for a boss to agree a reward package that will benefit not only the high achievers but also the hard workers, the motivators, the facilitators, and everyone else without whom a team would not function quite as well. It might usually be the running back or the wide receiver that scores a touchdown, but they would not have a chance to get there if the offensive line was not performing. A team is much greater than the sum of its parts, and a boss who realizes that can work wonders.

Lily Morgan
Learn more about the fascinating world of miniatures. For a great selection of collectible doll houses, visit www.TheMagicalDollhouse.com today.
Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Management Articles
  • More from Lily Morgan

What is Automatic Data Capture?

By: Ray Feoli | 26/12/2009
It's been called the "Supply Chain of the Future" and is being implemented by more companies to streamline business proficiencies every day. So although you may have heard of automatic data capture, you may be asking, "What exactly is it?" In this article, you will learn some of the main...

Reasons Your Records Should Be in Digital Format Rather Than on Paper

By: Ray Feoli | 26/12/2009
During a time when digitally maintained records are an affordable and easy to implement solution to your document management needs, the real question should be, "Why WOULDN'T your records be in digital?" Let's go through some of the many reasons why your business would benefit by going digital with its...

What is the True Value of Your Store Inventory?

By: Ryan J Bell | 26/12/2009
The goods that sit on your shelves and floor represent a major capital expenditure. In reality, it likely represents one of the largest expense classes on your books (though technically-speaking, it carries as an asset). Many independent outlets understand that carrying their inventory is dear. However, they realize it in...

Handling Employee Absenteeism

By: Mark Thomas Walters | 26/12/2009
To deal with the issue of employee absenteeism, it is necessary to look beyond the surface of the issue, as there is no quick fix to the problem. Firstly, punitive measures are unlikely to work because there is always a way around them. Even if they appear to work with some,...

Easy Ways To Manage Critical Business Documents

By: Ray Feoli | 25/12/2009
Documents claim up to 60 percent of office worker's time and account for up to 45 percent of labor costs. Documents are a necessary evil to the function of any business. You can no longer just file it away and forget about it, you have to actually MANAGE it. Do yourself...

Four Critical Ingredients to a Successful 6 Sigma Implementation

By: Ryan J Bell | 25/12/2009
The six Sigma strategy is steeped in info collection and statistics analysis. As such, many practitioners fall into the mistake of thinking the success of a given project is a foregone conclusion. That is, so long as they stick closely to a quantitative approach, identifying and getting shot of process-related...

The Role of a Leader in a Six Sigma Implementation

By: Ryan J Bell | 25/12/2009
One of the reasons there is a tightly outlined structural power structure within a standard six Sigma team is because such a structure supports a leader. That individual is immediately responsible for the results produced by their team. the leader's responsibility extends further. She determines the focus and direction of...

Grasping the Responsibilities in the 6 Sigma Hierarchy

By: Ryan J Bell | 25/12/2009
The success of your Six Sigma program relies on many factors. These elements include severe identification of relevant metrics, creative problem-solving, targeted decision-making, and observance of a stern organizational power structure. Courses and workshops are typically dedicated to the trials of the technique. They concentrate on subjects such as project...

The Ronald McDonald House Charities

By: Lily Morgan | 30/10/2009 | Finance
When anyone in your family falls ill, it is a tough time for the whole family unit. The uncertainty that it causes - the concern about their health, the pressure it places on other family members, and the unwelcome worries about the future - means that it is a difficult...

Different Types of Teams in the Work Place

By: Lily Morgan | 30/10/2009 | Management
A team can be best described as a group of people working together to a common purpose. Teams are constituted to handle tasks that are highly complex and may also include interdependent subtasks. Team members have different skills and they normally generate synergy by way of coordinating efforts which allows...

Reasons Your Team Building Event Might Fail

By: Lily Morgan | 30/10/2009 | Management
It is a well known fact that not all team buildings are successful so it is important to avoid this if you are planning an upcoming team building event. There are a number of reasons that make team building not meet their goals. One of the reasons why a team...

Do Employee Incentive Programs Encourage Teamwork?

By: Lily Morgan | 25/10/2009 | Management
Once upon a time, the way you got paid for the job you did was very simple. You worked a set number of hours and you got a commensurate amount of money. Later, when the idea of commission arose, it was more performance-related. If you sold enough, arranged enough meetings,...

Planning a Valuable Corporate Team Building Event

By: Lily Morgan | 25/10/2009 | Management
Any boss who is looking to operate a successful business in the present climate will have had to consider the possible benefits of a corporate team building event at one time or another. These events are planned in a number of different circumstances - to reward a team for an...

Tips For Team Building

By: Lily Morgan | 21/10/2009 | Management
When thinking of holding a team building event, there are several tips you should familiarize yourself with in order for the event to be successful. Clearly, there are a several reasons why team building events are held. They usually revolve around ways of improving the business outcome, as well as...

Making Miniature Food

By: Lily Morgan | 21/10/2009 | Art & Entertainment
Children like doll houses and miniature foods are a source of joy to most children when added to their doll houses. It may however prove too expensive to buy miniatures especially when in large scale. A parent or grandparent should thus think of making miniature food crafts for their child's...

Activities For Team Building Part 2

By: Lily Morgan | 16/10/2009 | Management
There are very many activities that can be practiced in team building events Road Map game being another one of them. In this game people are divide into groups of about two to eight depending on the number of people attending the event. Each group is given a map of...

Submit Your Articles Free: Signup

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.06, 1, w2)