The Basics of effective Incentives or rewards
1. Reward the right outcomes-The outcomes you and your business wants and needs.
2. If you are not getting the outcomes your want, look at what you are rewarding. It will be wrong.
Your Strategy on rewards (Incentives)
What Do you reward. What not to reward
What do you reward with
Simple CLEAR Outcomes Activity
The Right KPI’s
you want and need
How to reward
1. Understand clearly and simply what outcomes you need and want in your business.
2. Measure or KPI those outcomes.
3. Reward them consistently (monthly) and long term. (year after year)
How not to reward
1. Don’t incentivise people to change their behaviour.