Getting up for the daily grind every day can be wearing for many workers, and unfortunately for companies, this effect shows in productivity and engagement levels. According a Gallup poll, around 70 percent of Americans are somewhat or actively disengaged at work, which significantly affects company practices. When employees feel disengaged, productivity levels can drop and overall company revenues can also fall. More than anything else, it may become apparent that office morale drops as employees are unhappy at the office day in and day out.
To combat the widespread disengagement levels in an office, executives can implement incentive compensation plans to get workers back on track. Rather than showing up to work every day and waiting out the hours until they can go home, staff will be motivated to complete more sales, improve client interactions and stay more organized on the job.
By using incentive compensation plans, an organization can focus a workforce on the important tasks of a job while simultaneously increasing engagement and happiness. A supervisor can reward employees with financial benefits such as bonuses and merit increases, or with less traditional incentives such as days off or the ability to work from home. These and other benefits keep employees around and boosts productivity and sales along the way.
