X

Would you like to customize your experience?

We will only send you the content you are most interested in.

I'm interested in:

Not now, thanks.

Stay Up-to-date with Xceleration

Incentive programs bolster company culture

By taking a broader approach to their incentive programs, business may be able to promote their values to employees and the community, thereby creating a sense of pride among workers.

When managers consider employee incentive programs, they usually think in terms of boosting sales. The initiatives are designed to motivate sales staff to complete more transactions and increase company revenue, but they can provide other benefits for organizations as well.

Modern Healthcare reports that staff at the Central Illinois Endoscopy Center are encouraged to participate in community events, such as an annual Crohn's disease walk, a fundraiser by the Colon Cancer Alliance, bake sales and other community events. The goal of these activities is to help staff connect outside of work, creating an inclusive office culture.

The company promotes participation by running an employee incentive program that includes these activities, alongside other performance indicators. The result is a close-knit staff with high levels of worker engagement and satisfaction, and the center was ranked No. 15 on Modern Healthcare's 100 Best Places to Work in Healthcare for 2012.

By taking a broader approach to their incentive programs, business may be able to promote their values to employees and the community, thereby creating a sense of pride among workers. This strategy has allowed organizations to build office cultures that resonate with their workers.

One of the largest factors for employee satisfaction is a good work-life balance. By actively encouraging participation in fundraisers and events, firms can acknowledge the importance of this aspect. Media Post notes that clearly communicating common values improves employee understanding of companies' long-term objectives and helps to build a supportive work environment.

Businesses can create cultures that encourage participation with incentive programs as a way to help achieve their goals, but building this type of environment requires decision-makers to look beyond sales figures to the overall health of organizations and their workers.

What are you waiting for?
Subscribe to get the latest from our blog!