How Effective Are Incentive Programs
A study conducted by the SITE foundation discovered that companies that implemented incentive programs experienced an average of a 22% increase in performance. It was determined that corporations that used incentives to motivate behavioral changes experienced more positive results than those that didn’t use incentives.
What is the Key to a Successful Performance Incentive Program?
- Structuring your program based on attainable, yet challenging personal goals for each participant involved.
- The use of creative, exciting, and memorable communications throughout your program.
- All aspects of the program are executed flawlessly from pre-planning to delivery.
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