How to improve the effectiveness of using employee incentive

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Reference no: EM13987474

Employee Incentives for Higher Productivitiy

Step 1) Read the statement and report in full below:

"The U.S. construction industry has an enormous opportunity to improve the effectiveness of the incentives offered to employees for increasing return on their investment and driving the desired outcomes and behaviors" (FMI Management Consulting, 2013, p. 30).

https://www.fminet.com/media/pdf/report/IncentiveCompSurveyReport_2013.pdf

Step 2) After reviewing the above statement and survey report, select a specific industryto focus on for this discussion. (The report was about the construction industry. However, you should branch out and select a different industry. Everyone should discuss a different industry, if possible.) IBISWorld is available from the Trident library. You may find IBISWorld useful as you prepare for this discussion forum.

Step 3) Answer the following 4 questions below using question and answer (Q&A) format for your response; in other words, include the original question along with your response. Within your post support your responses with information from at least two reputable sources (library and/or web-based), and provide the full citation at the end. Use APA format for your references. Bring in your own personal experiences, readings, and research, where applicable.

1. What industry did you select?

2. What ideas are some ideas on how to improve the effectiveness of using employee incentives in the workplace?

3. What are the challenges of offering incentives in your selected industry?

4. What are your recommendations on how to overcome those challenges?

Reference no: EM13987474

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