I am personally a BIG FAN of Jim Sullivan – and my copy of his book ‘Mind Your Own’ Business is dog-eard from over use…
Mike
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?America?s most underutilized resource is recognition.?
– Dick Kocenivich, Wells Fargo
Using employee incentives, contests, recognition and rewards is commonplace in our industry. But even the best intentions can cause indifferent results if your incentive ideas don?t resonate with the team you?re trying to inspire to perform better. Over the last five years, I?ve had the pleasure of designing and implementing employee and manager incentive and recognition programs for over two dozen of the Top 100 restaurant chains and thought I?d share a few basic guidelines and creative ideas you can use to measure, incent and recognize improved performance among your hourly and management team.
Recognition is Different than Incentives.
The first step is to clarify the difference between employee recognition and employee incentives. Both you and your team need to understand how incentives and recognition differ in order to reap the benefits of both. Incentives are usually rewards that are promised in advance of a desired action; a bonus for exceeding a service goal on Mystery Shops, or exceeding a check average sales goal by 5 percent, for example. Recognition, while it may also be financial, is an after-the-fact event. Recognition is often in the form of a reward, but should always include praise, either public or private when it happens. In other words, if you see it, say it. [Read more…] about The ABC of Effective Employee Incentives