SmartPulse — our weekly reader poll in Smartbrief on Workforce — tracks feedback from leading managers and HR practitioners. We run the poll question each Wednesday in our e-newsletter.
Last week, we asked: Is your incentive program effective?
- Somewhat — parts of it work, other parts don’t, 38%
- We don’t have any incentive programs, 32%
- Yes — our incentive program is generally effective, 15%
- No — it doesn’t work at all, 14%
Am I a little bit cynical to believe that these numbers are still a little high in rating the effectiveness of incentive programs? Probably, but I often think a program that is seen as even somewhat effective is probably worse off than many in HR and management would like to believe. Probably what was more interesting was that nearly a third had no incentive program at all. I know these have been cut back but that still seems higher than I would expect.
Lance Haun is community director for ERE.net, the main guy over at Rehaul.com and a member of the SmartBrief on Workforce Advisory Board.
Twitter
Facebook
Linkedin
RSS
Couldn't tell from the question if you're talking cash or non-cash programs or short or long-term programs. Each of those subsets can have very different results when asking that question. Also, what is meant by "effective?" Was it objective based? Was it based on how many folks hit goals or how much people exceeded goals? I realize it was more of a "pulse" survey but drawing any conclusions would be difficult.