10 Employee Incentives All Business Leaders Can Afford

Posted by PASjonathan under Employee Benefits
From http://articles.bplans.com 3672 days ago
Made Hot by: blogexpert on November 4, 2014 1:52 pm

Anyone can hand out a raise, but not everyone can hone in on the things employees really want and deliver them. Here are 10 ideas for incentives any company can afford, which will go a long way to keeping your employees motivated and your workforce productive...

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Written by lyceum
3665 days ago

Jonathan: Your company is a leading example! Thanks for sharing! I interviewed Tim Berry on my podcast several years ago. I will read your blog post and check out your culture deck on Slideshare.

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Written by lyceum
3666 days ago

Could you mention a company that is covering all these ten incentives?

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Written by PASjonathan
3665 days ago

Hey Lyceum, thanks for the question. While it's hard to give an example of a business that's doing exactly those ten incentives verbatim, I'll use our own company, Palo Alto Software (PAS), as an example.

Items #1 and #2 are integral to our company culture, and #3, while not used often, is certainly a tool our managers/supervisors are able to use if needed.

Items #4, #6, and #7 are hard to quantitatively measure, but our executive team does a good job of implementing them in their respective departments.

For item #5, PAS offers incentives related to maintaining physical health, through discounted gym memberships, and team involvement in community sports leagues.

#8 is a fairly easy one to implement, and we have coffee carafes and boxes of tea in our kitchen that are for employee use/enjoyment.

#9 and #10 are tackled by an internal committee that plans regular events to encourage our employees to have fun together, or participate in activities outside of the office. Here's a good recap with more examples: http://www.liveplan.com/blog/2014/08/work-hard-play-hard/

We also have our culture deck on SlideShare if you're interested in taking a look at it: http://www.slideshare.net/Bplans/14-0619-culture-deck-2

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