Results show one-third of office workers would be willing to put in an extra workweek each year if it meant their company would implement an incentive program.
In addition to working an extra week each year, these employees would be willing to make other sacrifices if it meant their company would implement an incentive program; 30% say they would take on extra responsibilities, and more than 40% would be in favor of forgoing the annual holiday party.
According to a press release, employees that already participate in company-driven incentive programs, say the programs have made them:
- Feel more valued (85%),
- Happier and more motivated at work (70%),
- More loyal to their company (65%), and
- More productive and able to get better results (about 60%).
More than 70% of employees at companies without incentive programs say they’d love to work for a company that has one.
Incentive program participants’ top two recommendations for improving their companies’ incentive programs were increasing the frequency of rewards and offering more reward options. Participants also wish their programs recognized them for:
- Mentoring others (45%),
- Fostering teamwork (40%),
- Working on weekends (35%), and
- Driving company morale (35%).
The press release said respondents recounted some of the most memorable rewards they’d received—spanning everything from mini-fridges and home theaters to trips abroad and even doggie life jackets. More than 60% of respondents admit to coveting what their coworkers have earned.
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