Employee rewards programs are a critical part of any employee or sales motivation program. The benefits of rewarding and reinforcing desired behavior have been well understood and documented for many years. The psychology is straightforward.
However, if you’re responsible for administering your employee rewards program… it will come as no surprise to you that the logistical challenges of implementing an employee rewards program are not so straightforward.
At the heart of every motivation program is a very simple premise:
If people do X, then they will get a reward and/or recognition.
However the mechanics of making this happen are not nearly so simple !
First, “X” must be defined and communicated. Then, the achievement of “X” must be measured and quantified. Finally, rewards and recognition must be acquired, distributed, and celebrated.
The process of administering employee rewards programs like this can take many tedious hours through traditional methods like spreadsheets, manual leaderboards, and conventional reward fulfillment companies.
Even worse from a business perspective, the time required to do all this manual work (especially for distributed or global teams) means that the psychology of “Do X, Get Y” is disrupted by the passage of considerable amounts of time between the action and the reward.
Ideally, you should also be measuring and optimizing how much you are able to impact behavior through the motivation program since this is the whole point of having a motivational program, but this is almost impossible with traditional systems.
There must be a better way to do Employee Rewards Programs
Chances are, when your rewards program was developed, the process you’re stuck with now was the best that could be achieved. However, the cumulative advances of recent technology have enabled a much better way to run your employee rewards programs.
Want to learn how? Well, you’re in luck because we’ve written a step-by-step guide to transforming your employee rewards program.
Learn how to:
- Reduce manual work.
- Get real-time data and feedback.
- Better impact behavior.
- Rapidly launch programs.
- Increase rewards flexibility while lowering cost.
Get your free copy of this 14-page eBook here.
The guide is written as a general manual for converting a legacy rewards program—it’s not a sales pitch for ThinkSmartOne. However, if you do want a sales pitch, contact us, we’d be happy to give you a sales pitch, a demo, and maybe even a proof of concept if it seems like a good match.
Download the Transform Your Employee Rewards Program eBook.
- Automate Manual Reporting
- Create real-time participant dashboards
- Gamification & Leaderboards
- Quickly launch new programs with customizable templates
- Drive engagement to behaviors that matter
- Measure reward program effectiveness
- Optimize Motivational Programs
- Transitioning to your new system
- Incorporating legacy, global, and/or offline data sources
- Organizing 3rd-party employees and channel partners.