Point Based Recognition Programs that Work:
Motivating & Driving Excellence
What motivates your employee to excel? Do they strive to outperform the competition in every task they perform? Do they recognize their own strengths and capitalize on them? Do they know you value their contribution at every level? Your employees are partners in success – both yours and theirs. A points based recognition or incentive program can play a key factor in that partnership.
Studies show employee engagement and recognition go hand in hand. When employees know they are valued and appreciated, engagement soars – motivating staff to excel, and driving desired behaviors. And when employees perform, companies succeed.
Low employee engagement costs American companies $370 billion dollars annually, according to Gallup. Conversely, high employee engagement impacts nine key performance indicators, including:
- 37% lower absenteeism
- 25-65% lower turnover
- 21% higher productivity
- 22% higher profitability
A great relationship between staff, management, and peers is critical to an engaged workforce. Recognition and incentives may start from the top, but it has to trickle down to every employee, no matter what the level. When employees are encouraged to do their best, when they’re rewarded for their efforts, from management and their peers, ownership and workplace pride are the result.
A well designed points-based incentive program is the perfect vehicle to increase employee recognition and engagement. It builds solid relationships through the use of peer-to-peer and manager-to-employee recognition. It opens opportunities for acknowledgement and appreciation of excellence from the smallest task to the largest accomplishment.
CoreCentive can help you build a points based recognition or incentive program that will motivate your staff to participate, challenge them to succeed, and encourage them to look for and recognize excellence in others. A culture that emphasizes rewarding engagement is a place where employees will be self-motivated to raise their performance level and be part of a winning team..
Let us show you how to drive engagement and excellence in your team with Incentive Programs that work. Contact us today.
We believe execution means handling the day-to-day with minimal friction and going the extra mile
What We Do
Performance Based programs that makes your review process relevant to your managers, employees & business
Strengthen your channel relationships and better engage your partners
Custom Recognition Strategies – Leverage our expertise to design and customize targeted programs