Last year, the Reward & Employee Benefit Association (REBA) published a report highlighting the positive correlation between rewards and employee motivation. The report is based on a survey in which employees were asked if they felt motivated at work during 2015, and if they had received any reward or recognition. The results were overwhelming, showing that 82 percent of the people who answered “yes,” they felt motivated, had also received some type of reward or recognition for their work. On the other hand, 69 percent of the people who answered “no,” they did not feel motivated, did not receive rewards. If you want to encourage safe work practices, establishing a fine-tuned rewards or incentive program has proven to produce desirable results.
But implementing a reward and recognition program can seem an arduous task – if you don’t know how to approach it. You may have high hopes that implementing an incentive-based safety program will enhance production, decrease accidents and engage employees.