What rewards motivate people?
Non-cash rewards are becoming more influential as a currency to motivate people - so understanding what rewards will motivate different people is important. However, there are no set rules on what rewards will motivate people.
The most important step to answering this question, is to firstly identify ‘who do you want to motivate? And why?’
Answering these questions will determine the group of people that you want to influence and will also start to determine the incremental business benefits that you will measure your success by.
We start with this because if you create an expectation amongst your employees for performance-based rewards, they will expect consistency and continuity. And if your performance-based rewards are not self-funded through incremental growth then it will not be sustainable for your business, and detrimental to what you are trying to achieve.
For a confidential discussion on how an online program can be tailored to your recognition or incentive program requirements, feel free to contact us on 1300 733 725.
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