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INCENTIVE SCHEMES
“People begin to become successful the minute they decide to be”
Harvey McKay
How do you get your people to decide to be successful?
Incentive Schemes can be powerful tools to engage employees with wider organisational objectives and motivate them to achieve their personal goals.
CE Consultancy can help you design, implement and manage your incentive schemes.
What are the benefits of an excellent incentive scheme?
Increased motivation & morale
Increased sales & productivity
Increased attraction & retention of talent
Reduced absenteeism
They are self-funding – good schemes pay for themselves!
How CE Consultancy can work with you
We gather feedback from your teams and analyse historical payouts to understand challenges from previous schemes.
We work with you to agree guiding principles of the new scheme and ensure alignment of its goals with your commercial strategy.
We design engaging and motivating incentive schemes and develop metrics and payout mechanisms. We carry out scenario planning to ensure that the scheme remains equitable however flexible and complex your field force structures.
We help you create communication materials to launch your new scheme and we develop monitoring tools for employee updates.
We can take over the ongoing management of the incentive scheme including:
Setting sales targets
Monthly communications and updating monitoring tools
Calculating final bonus and award winners
Forecasting future payouts
What should you consider when designing incentive schemes? Click here..!
FIELD FORCE OPTIMISATION
REWARD & RECOGNITION
SAPIENCE RX®
