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Home Questions

How to structure employee incentives?

Posted by Bizversity

Every company structures their incentives differently, but sales commissions, annual bonuses, profit sharing or ad-hoc rewards are all ways to reward employees and motivate them to stick around. It is up to you how to structure your program depending on your business and what you can afford. One tip is to consult with your staff and ask them how they would like to be rewarded and what behaviours should garner those rewards. Align your employee incentive program with the goals of your business so that your team is excited to move things in the right direction.

 

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