The work incentives are all those that have the purpose of stimulating the workers and inducing them to have a behavior determined that directly and indirectly is directed with the objective of achieving greater quality, quantity and satisfaction by lower cost.
Due to this, the company offers incentives to its employees to achieve raise production and in turn improve yield. These can start from a salary variable or through an acknowledgment that values and rewards the good result in the face of what is required.
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Has as purpose motivate employees to perform efficiently in the different activities that must be carried out within the company. However, many times this is not enough for the execution of activities with the control systems. compensation, therefore, it is necessary for companies to design a way that truly stimulates their workers.
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In this article you will find:
Classification of Work Incentives
Although there are various incentive ratings, the main division of this motivational system is divided into two groups that are:
Economic incentives
They are those rewards that companies use most frequently to increase employee motivation, satisfaction and productivity. It's about a additional supplement to basic salaryAmong these incentives are annual bonuses, salary increases, benefit plans, pensions, bonuses and reimbursements for medical services, among others.
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Non-financial incentives
East type of incentives are also of great encouragement so that workers feel comfortable with their work and feel the commitment to the project or production that the company wants to carry out. Some of these exhilarating rewards are:
· Flexible schedule
This can be done by reducing the time to eat and thus advance the departure time, it can also be propose to workers to work some overtime during the week so that they have Friday free. This will help improve the quality of life of employees within the workplace and family.
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Choice of days off and holidays
It is a measure that facilitates family and work conciliation, since the employee can reach agreements to choose his vacation time, this will increase a positive environment within the company.
Recognition of achievements
It is very satisfying for the worker when he is congratulated for having done a good job, therefore it is a way that the company can get its workers to work harder for the good productivity of the herself.
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Future expectations
Encouraging workers with projects where they will be taken into account in the long term makes them feel that their effort is worth it and that they value their work within the company.
How to make a Work Incentives plan?
Within the labor market every day there are greater demands to attract and retain quality talents, therefore, it is one of the great challenges that Human Resources departments face. This is due to the diversity of generations of employees found within companies and the different needs and aspirations that each of them has.
In this sense, the company must design a plan that may be able to stimulate and motivate employees to feel in commitment to giving the best of himself in the work environment that in turn helps him to improve his quality of life in everything sense.
These plans include an essential element of value that the company offers its workers to improve their quality. To carry out a plan that is truly effective and efficient, the following steps need to be taken into account:
Define the objectives
For the plan to be the most successful, it is very important define the objectives well, so that you can get the results you want, engage workers, increase sales and productivity, improve processes and earn employee loyalty.
Classify incentives that encourage employees
At this point, it is important that the company has knowledge of your employees, since the concerns and motivations are different in each one, it could only be a success in case of that there is a great variety of incentives and if possible to customize them in relation to your needs. One option is create an online catalog and thus know your preferences.
Select the program that meets the objectives
When the steps outlined above are clear, the next step is to make aselection of all options, from the simplest programs for specific stimuli and others with greater elaboration and prolongation.
Having efficient professionals within the company is a great advantage for the good performance of the company, that is why The incentives that are appropriate must be chosen very well to achieve stimulation and are motivated to each moment.
Importance of Work Incentives
The work motivation It depends on many factors, among them you can find everything from a good environment to an appropriate recognition of the result of your work. In this case, it can be said that incentives are favorable tools that achieve maintain and increase the moral worth of all workers.
It is important to reward the quality of behavior that each worker has, who is within the company and because of good performance you want to maintain, this is a reason to provide you with the necessary stimuli so that you always stay motivated to give what best.
All people need to feel appreciated, for this reason if the company wants to maintain internal efficiency, it must recognize the successes of your employees, publish it and give it recognition that they create corresponding, since these are one of the pillars that achieve the success of large companies.
