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Recommendation for Incentive Programms and Plans - Essay Example

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They are important to ensure that the employees remain motivated which has the consequent effect of having the entire company having an increase in profits. Moreover, it makes the entire company gain acknowledgement in the…
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Recommendation for Incentive Programms and Plans
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Recommendation for Incentive Programs and Plans Incentive plans are very important in any organization. They are important to ensure that the employees remain motivated which has the consequent effect of having the entire company having an increase in profits. Moreover, it makes the entire company gain acknowledgement in the industry that it operates within. Many employers create motivation aspects for the company that they set for employees. These incentives are important in that they also make the employers confident in their employees and the kinds of jobs that they do.

However, some drawbacks arise from these incentives. It is imperative to go through some of these drawbacks to ensure that they do not get in the way of the company’s development. One of the incentives introduced by a manager is that of having the employees receiving a promotion or a salary raise anytime that they produce results that appeal to the expectations of the manager (Muller, 2013). This is important in that most people get into the corporate arena with the aim of earning a lot of money for them to manage or rather improve their living styles.

It is important to understand that this incentive has a drawback that revolves around it failing to have negativity.Negativity in this case is the employer does not impose any challenge to the employee if he or she fails to deliver appropriate jobs as expected. It is important to have this challenge as it makes the employee realize that there is a negative side to failure. One way through which to challenge this incentive is by ensuring that the employee is charged in the case of him or her failing to deliver appropriate work.

One way through which to charge the employee is by having them deducted their commissions (Hartman, 2011). Commissioning is one of the ways through which employers motivate their employees as an incentive to have them work harder save from the monthly salary they receive. It is thus only fair to ensure that they are charged for poor performance by ensuring that part of their commission is actually deducted.Another incentive that employers have is buying or rather treating employees after they achieve certain goals.

This is a very motivation appropriate plan as the employees get to work even more knowing that they will receive additional benefits. However, it is imperative to understand that increased working of the employees can create or rather creates the drawback of having them not providing quality work. In the contemporary environment, there is the issue of quality and quantity. The major drawback that arises from this is that the employees focus on the quantity rather than focusing on the quality.

This has the consequence of having the customers not being satisfied with the quality of service or goods offered by the company. The best way to counter this drawback is by having the employees having to understand that they ought to provide quality products or services. This is imperative that it will ensure that they offer quantity and still quality products at the same time. ReferenceMuller, C. (2013). Productivity improvement through employee incentives. Chicago: Chicago University Press.

Hartman, R. (2011). Incentive Programs to Improve Transit Employee Performance. London: Oxford University Press.

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