Incentive plans have become valuable tools for driving employee productivity and profitability within several types of organizations. Manufacturing plants, healthcare organizations and even U.S. government departments have incentive programs in place to encourage specific behaviors and outcomes. The key is to put in place incentive plans that are closely aligned to your business's objectives so that employees are rewarded when your organization is close to, at or above its goal.
Many companies use recognition programs as part of an employee incentive plan. When an employee feels valued