Incentives In The Economic Crisis?

When incentives for businesses make sense that economic forecasts have been revised once again in the last few days down. Each 5 company in Germany has already introduced short-time working. A wave of layoffs is threatening for the summer. There, the question of how they want to keep their employees happy and motivate top performance prospects this often arises with HR. Many companies have carried out incentives or events as a special treat for well-deserved employees in the past. But the question is now, if company not better employ their resources at the moment in other areas, as extravagant getaways for their employees to organize. On the contrary”, so Dr.

Anne-Katrin Straesser, Ph.d. economist and Managing Director of extraordinary incentives, especially in times of economic recession it is important, to take the uncertainty achievers in the company and to whip up on the business objectives. Experience has shown that there are less than 20% Employees who are responsible for more than 80% of the company’s success. Exactly this group of employees can motivate not only through the usual discharge reward systems, but also requires an inspiring environment, opportunities for personal growth and an exceptional recognition of their exceptional achievements.”in addition, that still very much money is being made in many companies. Therefore you should expire just now in a kind of rigid but more strategically to serve the market. Also motivated staff these include.” However, just the implementation of incentive travel as an incentive instrument is problematic if savings are carried out on the other side, anxious employees to your workplace or already had to accept pay cuts.

In such a case, the wrong signals are certainly used with incentives. Therefore, companies should examine their current situation and consider what methods they can motivate their employees for good performance. Accept the conditions the company still, incentives are a successful instrument. Businesses can check in a free screening test under whether incentives bring the desired return on investment. The test shows the conditions under which incentives are a worthwhile investment or which companies should refrain at the moment better.