Today, most of the companies are solely concern with Profit & Loss Reports and net income. In their quest to find the absolute best way to increase revenues, they forget and thus betray their employees. And it is the employees that are core strength of one business and therefore need to be supported and valued. Though many managers and executives may disagree, employees are an essential part of one company. Without them, businesses will not be able to survive; will not be able to hold together. Like year-end reports, employees are also a collaborative effort of a single business; they do count when it comes to overall performance of a company and small errors can add up to a big downfall.
Therefore, it is of high importance to assure your employees their work is appreciated and respected. A small kind gesture will motivate your employees, boost their work performance and promote your business revenues. What you need to do is implement staff incentive programs into your business ideology. You might wonder what makes these incentive programs so effective at stimulating your employees and their skills? It is quite simple. Employee incentive programs aren’t just about beating your competitors’ revenue numbers; they are extremely important in sparking the emotional commitment of your employees to the company. Your employees will know that you really value everything they do for a company and will try even harder.
Now, when I toss around the words ‘staff incentive programs’, I am referring to staff gifts rather than salary increase. Employees are very much aware nor do they expect a raise every time they complete a task. However, occasional employee gifts for major holidays, birthdays and/or after successful completion of a very important company project, are very much acceptable. A gourmet hamper of a nice wine with glasses, Australian gourmet food, tea blossoms or natural body products will transform the way your employees perceive you, your managerial team and company in general. Remember, your team is committed to providing you with the most efficient and cost-effective performance. Each employee contributes to this process thus it is crucial to show them they are really appreciated and needed.