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Why does motivation matter?
Motivation is necessary to remain focused on the goal. Incentives are tied to motivation by giving the individual a goal or a reward to work toward.
Motivation: the act or process of giving someone a reason for doing something. (Miriam-Webster dictionary)
Why are incentives important?
Employees need goals to work toward; incentives are monetary or non-monetary rewards used to motivate the individual(s). Incentives are tied to motivation by providing a goal to work toward.
Incentive: something that encourages a person to do something or to work harder. (Miriam-Webster dictionary)
Types of Incentives:
Rewards can be awarded either to all employees or employees who participate can be placed in a drawing for a chance to win. Drawings can be monthly, quarterly or annually.
Monetary:
- Health-related promotional items
- Company SWAG (Stuff We All Get)
- Gift cards
- Cash
- Tickets
Non-Monetary:
- Certificates
- Badges
- Trophies
- Preferred parking
- Additional vacation time
- Recognition in meetings
- Dress down day
- Front of the line for holiday meal or potluck
- Extra lunch time
Participation:
Reimbursements for the following:
- Gym membership
- Weight management program
- Entry fees for walks, runs, cycling events
KEMI does not assume liability for the content of information contained herein. Safety and health remain your responsibility. This information is to be used for informational purposes only and not intended to be exhaustive or a substitute for proper training, supervision or manufacturers’ instructions/recommendations. KEMI, by publication of this information, does not assume liability for damage or injury arising from reliance upon it. Compliance with this information is not a guarantee or warranty that you will be in conformity with any laws or regulations nor does it ensure the absolute safety of any person, place or object, including, but not limited to, you, your occupation, employees, customers or place of business.
