Key elements of a successful staff reward program?

• Set goals for the program that are clearly defined, measurable and can be related to the goals of the business.
• Allocate rewards on a cumulative scale or a stepped scale so that top performers are not encouraged to just be average.
• Change the focus in each work area on a regular basis, by offering bonus reward points so all aspects of the job get focus over time meaning more rounded employees.
• Consider a points based reward program for maximum flexibility both in how it is used in the business and in the choice of rewards available to participants.
• Choose an incentive program structure that allows individual choice of reward for stronger motivation.
• Include some stress relievers and family rewards in the reward line-up.
• Consider you approach to training as part of the overall staff motivation strategy so that staff who want to improve have resources available to help them.
• Manage the reward program with integrity and accountability to staff - no unexpected surprises and staff should be able to understand how they got scored for a particular measure especially where "qualitative" KPI's are being used.
• Check regularly with staff to make sure they are happy with the incentives and the way the programme operates and be prepared to change if necessary.
• Public acknowledgement of high achieving staff and those who make significant improvements will increase the power of the program.
• Select a suitable partner to support the reward program to make sure it happens reliably, even when you get too busy to make it happen. Erewards has specialist software to run a wide variety of programs so the set up cost doesn't need to be expensive and our support service for management and fulfillment of reward programs is second to none.

How do I find out more about a staff reward program for a New Zealand business based in Auckland, Wellington, Christchurch or anywhere in NZ?

Click on the solutions link in the left menu bar to get a taste of the staff reward programs we offer. Use the contact form to give us your contact details so we can organise a time to get together with you. You can call us on 0800 200 204 or click here to email us.