Soldato
what incentives do your employers offer?
- Thread starter rotters
- Start date
im trying to incentivise our internal bank of staff. rather than having to go out to external agencies. So far I've brought in weekly pay, access to training funds that where "substantives only". Im thinking of linking up with local theaters/restaurants/cinemas for give away tickets that I could run as a prize draw once a month.
geographically we are screwed having no other cities to pull from, so I have a pool of staff that I need to get focused on working.
its a new direction for my career, so requiring a bit of thought.
Ill read those other threads too,
cheers all,
rotters
geographically we are screwed having no other cities to pull from, so I have a pool of staff that I need to get focused on working.
its a new direction for my career, so requiring a bit of thought.
Ill read those other threads too,
cheers all,
rotters
those sound like benefits rather than incentives... presumably you just have to be employed there to get them not hit any particular performance targets
Its the staffs choice lol
As I understand it employees can't "opt out".
There was an attempt to change this but it was unsuccessful.
MPs reject national minimum wage opt-out plans
MP Chris Chope blasted for sponsoring a bill to cut the minimum wage
The Bill has been withdrawn and will not progress any further.
Have you taken legal advice to confirm you're not in breach of the National Minimum Wage Act 1998?
Keep in mind that relatively small perks (as long as they aren't condescending) can do wonders for staff morale and performance - often its as much the gesture as it is the actual value of the perk.
For instance in one of my previous jobs if all targets for a week were hit they'd buy in a round of cakes on a friday afternoon.
Which reminds me, just realised we got no bonuses this year :| hadn't even given it a thought for some reason. (EDIT: Its usually tracked against the share dividends - whether there is a bonus at all - which are healthy enough wonder if they are just hoping everyone has forgotten :S).
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Soldato
- Joined
- 13 Jun 2011
- Posts
- 6,015
Loads of perks but incentives to finish early are Timescales for jobs for eg a weeks work and if you finish early you still get the remainder off but if you go over for any reason its fine.
And best of all the boss gets the rounds in at the pub! Lol
And best of all the boss gets the rounds in at the pub! Lol
Birthday Off.
Summer and Winter (Xmas) bonus.
Flexible working.
Professional Fee paid. Post Grad study support.
Health Insurance.
Life Insurance.
Six months sabbatical after 10, 15 and 25 years service.
Non Contributory Pension.
Also we have various access to sports and health facilities as well as various other incentives throughout the year. Goodwood FOS and so on.
Summer and Winter (Xmas) bonus.
Flexible working.
Professional Fee paid. Post Grad study support.
Health Insurance.
Life Insurance.
Six months sabbatical after 10, 15 and 25 years service.
Non Contributory Pension.
Also we have various access to sports and health facilities as well as various other incentives throughout the year. Goodwood FOS and so on.
Hi all,
Ive been tasked with writing an incentives paper for work.
so thought id ask you friendly bunch what incentives do you get from your employer? apart for payments for service
cheers all,
rotters
The incentives to stay working are
Pension match to 5%
Sabatical ever year of 1 month at half pay
Free investment and financial services
Unemployment insurance
Health insurance
Life insurance
Legal insurance
Gym membership
Company bikes
Games room with pool, table tennis, wii U
Friday lunches
Unlimited snacks, drink and fresh fruit
Bi-weekly massages
Home Internet
mobile phone and data plan.
5% discount on cars with average MPG > 40
Performance related stock options and shares.
Monthly fun activity.
Large hardware budget
Free undergrad and graduate university courses including full degree.
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Soldato
- Joined
- 13 Jun 2011
- Posts
- 6,015
Lots of people seem to be getting incentives and perks confused
Soldato
- Joined
- 29 Sep 2010
- Posts
- 5,707
£3k shares in the company every year you work there plus dividends.
Every year you don't have a sick day, you get given an extra day holiday.
Commission so the more I sell the more I make.
Hit a certain target in the week, the person on the best earns £100 to buy what they want with.
Hit certain targets you go home early on Fridays.
Etc
Every year you don't have a sick day, you get given an extra day holiday.
Commission so the more I sell the more I make.
Hit a certain target in the week, the person on the best earns £100 to buy what they want with.
Hit certain targets you go home early on Fridays.
Etc
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Soldato
Think people are confusing benefits and incentives.
For me the benefits are the incentives. Not all companies or institutions offer the same level of benefits therefore they become incentives when it comes to offering your expertise, the institution I work for doesn't offer the same level of benefit to all employees either, some are offered bigger incentives depending upon their value to the institution, this is all above the Salary, Contributory Pension, Statutory Holiday and standard benefits everyone is entitled to as an employee, what I listed are what I get, they are not necessarily what my colleagues get.
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Soldato
The harder you work the more they expect from you.
My employer incentives are pretty rubbish.
My employer incentives are pretty rubbish.
Soldato
I see what you are getting at Castiel, but those are perks that come with the position? I guess the bi-annual bonus could fluctuate on performance? But the rest are pretty standard items in jobs these days.
An incentive I give to my employees are sometimes financial reward (which I don't overly like), but the more creative ones such as 'if we hit x in this quarter, I'll pay for you and the family to go to Mexico'.
Incentives can get very creative, but it's linked to performance, not doing the job so to speak.
Not all jobs have or need incentives though
An incentive I give to my employees are sometimes financial reward (which I don't overly like), but the more creative ones such as 'if we hit x in this quarter, I'll pay for you and the family to go to Mexico'.
Incentives can get very creative, but it's linked to performance, not doing the job so to speak.
Not all jobs have or need incentives though
Soldato
Incentives wise we have a bonus scheme which falls into two parts - profit based on the firm's overall profits and if you hit a certain performance rating you also qualify for a performance bonus.
Caporegime
None, at all.
I see what you are getting at Castiel, but those are perks that come with the position? I guess the bi-annual bonus could fluctuate on performance? But the rest are pretty standard items in jobs these days.
An incentive I give to my employees are sometimes financial reward (which I don't overly like), but the more creative ones such as 'if we hit x in this quarter, I'll pay for you and the family to go to Mexico'.
Incentives can get very creative, but it's linked to performance, not doing the job so to speak.
Not all jobs have or need incentives though
All those listed are linked to both my individual value to the institution and my ability to negotiate them, they are in addition to my basic remuneration which is based solely on my graded position.