Successful incentive programs will not only increase company profits but can also raise morale and inspire employee loyalty. Your ideal incentive program should include both of the following features:
- Empowering people to do the thing you enjoy doing
- Recognition – in all its various forms
Recognition of a well-done job creates greater autonomy, increases visibility within your organization, and showcases success.
"There are two things people want more than sex and money… recognition and praise." – Mary Kay Ash, Founder, Mary Kay Cosmetics
"People want to feel what they do makes a difference." – Frances Hesselbein, President, The Drucker Foundation
Top recognition incentive programs to motivate staff include rewards of money or travel. People love to travel to destinations that are different from their own environment. Trips to exotic destinations such as Hawaii or an incentive cruise to interesting ports of call are among the most popular incentives.