5 Examples of Work Incentives

What is work incentives? Many businesses often use a variety of work incentives in order to attract and hold on to exceptional employees. To discover a few of the work incentives which businesses use to attract and retain talented staff members, simply continue reading. Especially if your business is interested in hiring special needs employees.

5 Examples of work incentives:

Profit sharing:

Some businesses offer to share a percentage of their profits with their employees. One reason to share some of your business’ profits with your employees is that they’ll be far more likely to give their all to their jobs, if they know that they’ll be rewarded for their efforts, if your business succeeds. Individuals with special needs will be likely to flock towards job positions which offer profit sharing schemes as they will help them supplement their income with additional income. Which is helpful as special needs individuals often struggle to get well paid jobs.

Stock programs:

Some businesses give their employees access to stock programs, which allow their employees to own a fractional share of their business. One of the key reasons why businesses choose to offer stock programs is to promote employee loyalty. As great employees are more likely to stay with a business if they personally own a stake in the business which they work for.

On the job training programs:

Another work incentive which will attract new employees are on the job training programs. As an example, some workplaces offer special training programs for individuals who have special needs. Which will encourage individuals with special needs to climb their chosen career ladder. As an example, some workplaces offer management training programs which offer special needs employees with countless future career opportunities.

Employee certificates:

Businesses also have the option of using employee recognition programs in order to incentivise their employees. As an example, you might want to start awarding employee certifications for exemplary work to your employees. For an example, if you want to employ special needs employees you may want to give out customer service awards to your top performing employees. As individuals with special needs enjoy being acknowledged for their efforts. You may even want to start giving out an employee of the week award which will encourage all of your employees to strive hard to meet their potential.

Flexible hours:

Special needs job hunters appreciate being offered jobs which have flexible hours, which will allow them to attend any regular appointments that they have. Some special needs employees also appreciate being offered part time hours, which fit their lifestyles and which will allow them regular down time. As some individuals with special needs become stressed out or overwhelmed if they are forced to work for extended periods of time. Although there are individuals with special needs who thrive working at full time jobs.

In conclusion, if your business would like to attract and hold on to exceptional staff members, it’s well worth choosing some of the work incentives that are listed above to your business’ advantage.