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Incentive Programs in the Post-Carrot Era (?) MelissaVanDyke Engagement Expo June 2010 1
GOAL:DEEP DIVE How  Successful ITP Meets Extrinsic and Intrinsic Motivational Needs  How to reshape programs Concrete  information 2
3 The Study  XYZ Corp 2008 Incentive Travel Program Quantitative, Qualitative, Financial 3
4 Defining Successful Incentive Travel ,[object Object]
 Enhance productivity  or business objectives
Reward based on a achievements
 Set forth by management4
CEO of XYZ on their ITP: 5 “[it] would be the last thing we would eliminate before we turn the lights off”
6 Benefits of Success Financial Goals Higher Performance Retention Culture Recognition 6
Financial Results 7 Net Operating Income Was Significantly Higher for Program Participants 7
People Results 8 Higher Performance Levels Longer Tenure 8
9 Culture “the incentive travel program creates a certain type of culture where people’s performance and contributions are appreciated.”
10 Motivation The incentive travel program is a good incentive to drive performance.
11 Appreciation The incentive trip made me feel that the company truly appreciates me.
12
Pillars of Success 13 ,[object Object]
Communi- cations
Design
Hosts
Performance Records13
Pillars of Success 14 ,[object Object]
Communi- cations

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Incentive programs in the post carrot era - IRF Presentation

Hinweis der Redaktion

  1. How Successful ITP Meets Extrinsic and Intrinsic Motivational Needs Reshape programs to meet org goals and build lasting relationshipsPowerful Relationship Building ToolConcrete info to apply to how business engages people
  2. criteria for the reward were clearly tied to business objectivesclear and consistent, and on-goingdesign of the travel programExecutives and key managers acted as hosts to reinforce the company’s commitment to the reward program and recognitiondetailed records that prove the productivity – financial results
  3. criteria for the reward were clearly tied to business objectivesclear and consistent, and on-going communicationsdesign of the travel programExecutives and key managers acted as hosts to reinforce the company’s commitment to the reward program and recognitiondetailed records that prove the productivity – financial results
  4. criteria for the reward were clearly tied to business objectivesclear and consistent, and on-going communicationsdesign of the travel programExecutives and key managers acted as hosts to reinforce the company’s commitment to the reward program and recognitiondetailed records that prove the productivity – financial results
  5. criteria for the reward were clearly tied to business objectivesclear and consistent, and on-goingdesign of the travel programExecutives and key managers acted as hosts to reinforce the company’s commitment to the reward program and recognitiondetailed records that prove the productivity – financial results
  6. criteria for the reward were clearly tied to business objectivesclear and consistent, and on-goingdesign of the travel programExecutives and key managers acted as hosts to reinforce the company’s commitment to the reward program and recognitiondetailed records that prove the productivity – financial results
  7. criteria for the reward were clearly tied to business objectivesclear and consistent, and on-goingdesign of the travel programExecutives and key managers acted as hosts to reinforce the company’s commitment to the reward program and recognitiondetailed records that prove the productivity – financial results