One low-cost employee incentive that strikes a chord with most employees, and which does not commit much of the organization’s resources, is conducting in-house competitions and events. Such events, usually scheduled during break hours at the break room, attract voluntary employee interest and participation. Providing employees a chance to organize and coordinate such events is in itself another incentive. The company, however, needs to closely monitor and support the events, provide some time off for the organizers, arrange for some food, and provide some prizes that could include VIP parking areas, mementos, cash vouchers, discount coupons, or anything else.
Even without planning and organizing such events, companies could invest in providing some simple games in the break room, and holding simple contests such as trivia questions through the intranet, guessing the number of jellies in the jar placed at the reception counter, or similar games; offer small prizes for the correct answers.
Apart from the obvious non-monetary incentive for the employee, the benefits of such in-house staff incentive programs are many. Such events help:
- Develop interpersonal bonding among colleagues that has a positive spill off on teamwork in the organization.
- Develop organizational skills for the organizers.
- Increase employee commitment to the organization.
Image Credit: flickr.com/Mary Witzig