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Quick Tips for Employee Incentives

Business owners or management can keep employees happy in their job and avoid high turnover, by either being or providing them with a good boss. If your employees don’t have a good boss, save your money, as not much else will work (at least for long). People, even in minimum wage jobs, do not want to work for a jerk.

Good bosses:

  • Develop good relationships with their staff – and staff respond positively

• Engage and value their staff by seeking and listening to their ideas, opinions and ways to make the business better

  • Ask their employees what can be done to make the customer experience better
  • Create a positive work environment

• Ensure that their employees are compensated fairly and recognized appropriately

If this is in place, incentive programs can work, and the small business owner best start with non-cash incentives: time off and special recognition. Cash incentives should be small and represent an appreciation rather than a salary increase.

Small business owners (particularly in the entertainment and service industries) are plagued with high turnover and disgruntled employees. And without a good boss they will stay that way.

Copyright 2009 Kubica and LaForest

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