How To Ensure Your Employee Incentive Program Pays Off

Non-cash incentive programs and fringe benefits can have a powerful influence on attitudes, that should in turn improve results. You can give employees the greatest incentive program, however, by impairing a sense of ownership in the organization. Ultimately, loyal and happy employees tend to work harder, leading to increased overall productivity.

1. Share Ownership

Use share schemes as an incentive program to reward people for contributing to team success. An employee who sees his or her efforts rewarded in company shares will, in theory, identify with the company, be committed to its success, and perform more effectively. A company with shares in the company will see that, quite literally, their sucess is the company's sucess, and vice versa. The harder they work, the better chance their shares have of increasing in value. In reality, it may be hard to tell whether the company