As stores seek innovative ways to increase sales, compensation ideas have become creative as well. And, some of your best ideas might even come from the salespeople themselves. As you evaluate some of the options available to you, here are some points to keep in mind.
Involve employees
For every recognition program there comes a time when you need to sell top management on the benefits of what you are doing --- to gain the support and credibility that comes from top management endorsement. For some programs this is before you start; for others, it is to be able to continue or expand funding. Here are three ways you can influence top management in your organization about the importance of employee recognition:
Bottom line benefits
What makes a good manager? There are all sorts of definitions about management that attempt to describe what a manager does. Some of my favorites include "getting things done through others," "being paid to make the difficult decisions," and "protecting one's people from the rest of the organization." Yet I believe a better definition might be found in focusing on what a manager does NOT do. For example, a good manager does not solve employees' problems for them, he does not ask his employees to do things he would not do himself, and he does not take credit for their ideas or work.
Believe it or not --- while money is important to employees, it is not the top motivator. What tends to motivate them to perform, and to perform at higher levels, is the thoughtful, personal kind of recognition that signified true appreciation for a job well done. In fact, it's the informal --- that is, spontaneous --- rewards and forms of recognition that can be implemented with minimal planning and effort by almost any manager that are the most rewarding.
There are a variety of informal rewards that can be used in any workplace. Here are a few for you to consider:
In today's increasingly complex business world, companies are seeking ways to make sure they have the talent they will need to compete now and in the future. Securing and retaining the right skills and competencies is fundamental to the growth and vitality of any organization.
Retention issues are vital to the success of any organization. Companies devote tremendous resources to attracting and hiring good people, yet they must be just as diligent about retaining them. To do this, effective retention strategies must be created that are based on one common theme --- enhancing employee loyalty. An organization earns loyalty by creating a positive working environment that is stimulating and emphasizes an employee's personal growth. It is sustained through a culture that encourages motivation, energy, innovation, and that accommodates to an employee's lifestyle.
After a presentation about the importance of praise and recognition at work today individuals often say something like: "These concepts are great-I wish I could get my manager to thank and appreciate me more!" To which we often reply, "When was the last time you praised your manager?" This often catches people by surprise, as if a manager doesn't or shouldn't need thanks or praise. Nothing could be further from the truth.