Where to Start: Planning an Employee Incentive Program

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Presentation Description

Planning an employee incentive program can be a daunting task, especially if your company has never put a program in place before. If you're unsure where to start or are beginning a program from scratch, follow our timeline below to help you stay on track to setting up a successful program! Find out more: http://blog.awardsnetwork.com/where-to-start-planning-an-employee-incentive-program

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Presentation Transcript

WHERE TO START: Planning an Employee Incentive Program:

WHERE TO START: Planning an Employee Incentive Program

1 YEAR BEFORE:

1 YEAR BEFORE Gather your planning team Begin initial research Evaluate your program need

10 MONTHS BEFORE:

10 MONTHS BEFORE Decide who can participate Set a Budget Choose what to award with

6 MONTHS BEFORE:

6 MONTHS BEFORE Research provider options Contact referrals Start a list of program goals

3 MONTHS BEFORE:

3 MONTHS BEFORE Select a provider Submit goals/metrics to your provider Share your program vision

1 MONTH BEFORE:

1 MONTH BEFORE Preview your program platform Request any final adjustments

2 WEEKS BEFORE:

2 WEEKS BEFORE Spread the word Train your managers Confirm program data

2 DAYS BEFORE:

2 DAYS BEFORE Check-in with your provider one final time

LAUNCH DAY!:

LAUNCH DAY! Announce program to employees Monitor initial program interactions Answer employee questions

1 MONTH AFTER:

1 MONTH AFTER Check on program activity Run reporting for set metrics Communicate findings with provider Repeat monthly

6 MONTHS AFTER:

6 MONTHS AFTER Review effectiveness of your program goals Evaluate budget Consult with your provider for improvements Repeat every 6 months

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