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Business Plan For Incentive Program Business Plan

In terms of the flexible working schedules, these would take the form of allowing the staff members to work more hours in fewer days or fewer hours, spread across more days. Basically, the 8-hour strict schedule structure would no longer be implemented. The requirement with this incentive is that of ensuring employee collaboration and making sure than when an employee wishes to make use of the flexible working schedule, another staff member is able and willing to replace him. The schedule decisions would generically be subjected to mutual agreements between the staff members, approved by the manager.

The flexible working schedule has the ability to increase employee on the job satisfaction due to the fact that it allows the individual to better balance his personal and professional responsibilities. The individual will not for instance be on the job and worry about a sick child or a parent in need, but he will attend to these problems, and then come back on the job and be more committed and dedicated, and as such more...

The employee who is most impressive would be presented with the opportunity to advance up into middle management. This opportunity comes with an increase in the wage and benefits and as such supports the motivation, but it also increases employee morale and drive due to the fact that it introduces the employee to more knowledge, skills and expertise which would all help him in his future career path.

Sources used in this document:
References:

Bruce, A., How to motivate every employee: 24 proven tactics to spark productivity in the workplace, McGraw Hill Professional, 2006

Frey, B.S., Osterloh, M., Successful management by motivation: balancing intrinsic and extrinsic incentives, Springer, 2002

Gitman, L.J., McDaniel, C., The future of business: the essentials, 4th edition, Cengage Learning, 2008
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