Today’s training video on the Dos & Don’ts of Employee Incentive (Bonus) Programs comes from a member submitted question. You’re going to love this one!

I’m happy to have the chance to answer this question because it comes up a lot… Should you incentivize your employees? My quick reply: JUST DO IT!

There are so many pros to offering an incentive program to your employees including employee satisfaction, customer satisfaction, increased profits. But before you dive in, there are a few dos and don’ts you need to pay attention to and I go over those in today’s training video.

Must See Video Highlights:

0:55 – Just do it!
1:30 – Don’t incentivize on just one area
2:30 – Don’t incentivize without a budget
2:59 – Don’t incentivize without going above & beyond
3:10 – Make your bonuses measurable
4:15 – My biggest tip for creating bonuses (it’s based on profits!)
6:21 – Other bonus items like cell phones, laptops, etc.
7:21 – Don’t ignore customer satisfaction as a benchmark
8:25 – Daily performance bonuses – I’d like to try this with somebody!
9:45 – This can be used for employee performance, too