September 2001 Newsletter Articles

September 2001 Newsletter Articles:

Why Run A Corporate-Wide Employee Incentive Program?

Here are some of the fundamental reasons that corporations from all industries across the U.S. have been developing and launching all-employee incentive programs focusing on cost savings, improved quality, greater productivity, improved safety and enhanced corporate and product knowledge:

Enhanced relations between upper management and employees
Employees desire greater involvement and participation in their organization's day-to-day activities.
All-employee programs promote empowerment and empowered employees are more satisfied - they have a safe and motivating environment for offering ideas, a chance to learn, and there's something in it for them.
Employee-based programs serve to motivate people to think beyond their jobs and contribute to the success of the organization, plus earn rewards in the process.
All-employee programs offer individuals a chance to get into the business further, to contribute more to their job and job performance.
Employee-based programs solicit involvement. Employees involved in change adapt to change better.
Targeting a suggestion program, quality program, safety program, etc., to the overall employee base not only allows employees to have an impact on the achievement of corporate and organizational goals, but also offers them the opportunities to develop to their full potential. Plus, award opportunity represent supplemental income to those workers who make measurable contributions that:
- Improve quality
- Reduce costs
- Increase revenue
- Improve safety
Employees who are given the chance to share their knowledge, contribute and actively participate in goal-oriented programs will deliver the results a corporation desires. In addition, the corporation will realize:
- Improved level of job satisfaction
- Improved channels of communication
- Improved morale