Employee of the Month: A Lesson At Jim Halpert's Expense

Jim Halpert: recently promoted to the co-regional manager of the Scranton branch of Dunder Mifflin. In last Thursday's episode, fellow employee Andy suggests starting an employee of the month program. Thinking how this could improve office morale and by judging performance based on completely unbiased metrics, Jim makes an executive decision to implement the program.
Read More

Taking "Trophy Value" Literally

While most claim to work harder for cash, studies have proven that tangible, noncash incentives have a more positive effect on performance. According to the University of Chicago study cited in our Trophy Value Continuum post, people tend to prefer cash but perform at much higher levels when in pursuit of a noncash incentive. I wanted cash for running but worked harder for noncash options. The same holds true for your employees.
Read More

10 Myths?

Within the last few weeks, a blog titled "10 Myths About Employee Incentive Programs" has circulated around the blogosphere and Twitter fairly quickly. Many people in our industry are already aware of the article, first seen on www.wisebread.com and then more recently posted on the AMEX-Open forum (where it was seen by most people). Several responses from the industry have already surfaced, including a good blog post from Paul Hebert.
Read More