Wednesday, April 6, 2011

The productivity of an employee is highly crucial

The productivity of an employee is highly crucial.? It has been proven that there is a positive relationship between productivity and profit.? Good output means good results, thus high profit is inevitable here.? Many businessmen have adhered to this principle and they can definitely attest that such is an effective measure to improve sales.? Hence, it is not surprising why companies are always on the lookout for measures to improve the productivity of their workers.? One of these actions is the implementation of an incentive scorecard.Providing incentives proves to be among the most effective methods that can boost the productivity of an employee.? Motivation is the key here.? By offering some incentives, the workers are encouraged to perform better.? However, to make your business even more successful, it is advisable to deal not only with incentives for employees.? There are two incentive programs that should be undertaken – that of the employees and of the customers.? But you might wonder why you should also include customers for incentives.? Remember that no matter how good your production is, if no one patronizes your product, then it would still not result to profit.? Therefore, you must need to take care of both employees and customers.Finding the right incentive programs is a challenge for most organizations.? Take note that it is not just enough to implement a reward system.? What is relevant instead is to come up with the effective incentive programs to achieve the goal of improving profit.

No comments:

Post a Comment