Performance Award Programs
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About Performance Award Programs
Performance incentive award programs are a wonderful way to motivate employees to take their job to the next level. Considerations for performance incentives may include performance in sales. Though this should not replace an existing commission program, you may want to add bonus incentives for particular situations such as a new product launch or competitive displacement.
Customer service could potentially be rewarded for exceptional work since customer service is the public facing entity of a business and could make or break sales. If the customers are happy the business is most likely happy. Team achievement may also call for an extra performance reward. If an entire team has been doing exceptionally well and working with 0% error, the entire team can receive a performance reward card for reaching certain goals. Innovation, lead generation, motivation and productivity may also be a great outlet for performance reward programs.