There is no point in rewarding something that the employee has no direct influence over.
What soon became obvious was the fact that the organisational goals that needed to be rewarded were the result of a number of people’s efforts not just the supervisors. It also became obvious that there were a number of goals or outcomes that were actually a normal part of the expectations for the job and that the goals were nothing special.
For some of the goals we recommended that the manager look at what he did now in terms of what happened when someone did a good job. He said “nothing special, it’s expected that they just do their job and get on with life.”
Research has found that what most employees crave is recognition and feedback.
In reality what this means is that when someone does a good job; tell them – you don’t need a fancy bonus scheme, all you need to do is to recognise the good work that has been done and direct praise towards those who have performed well.
Communication is the key to a good working relationship.
When I used to go into a multi national takeaway business I remembered that they had an “employee of the month”. This was public recognition by the employer that the employee mentioned had been on top of their game for the month. There may have been a small reward attached to the recognition – something like a movie ticket, but there was no fancy, major, expensive financial reward. Recognition was the key.
Smaller employers may find something similar works really well, even just a simple thank you in front of the other staff may be all that it takes to reward and recognise behaviours that the employer wants to encourage.
Performance pay is something that a lot of people like the sound of. It seems to be the new “key” to high achievement. There is a clamouring from the chattering classes for teachers to be subject to performance pay.
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Getting back to the more specific bonus scheme, when looking at one make sure that it is SMART; that is it has to be Specific, Measurable, Achievable, Results driven and Transparent.
If those criteria are followed then a bonus scheme is likely to work. But, remember, a little recognition and good communication maybe all that is needed to achieve the goals that the company wants to achieve and to encourage good behaviours in all of the staff.
