It is difficult to measure the effect of incentives on overall returns, but the consensus is that clubs generally do better when employees are incentivized than when they are not. Photo by Thinkstock.
Incentive plans have long been a common way for business owners to motivate employees by setting a quantifiable definition of success. There may be as many reasons to incentivize as there are people in your organization—after all, each employee is different in how he or she responds to a challenge. Incentive-based payment plans can be a great way to uncover who wants to be on your team and who does not, and they can lead to great feedback for the most motivated employees since natural ...
Club Industry Freemium Content
This content is FREE to access as a registered user on ClubIndustry.com.
Why register for Clubindustry.com? It’s simple and free and here is a sample of what you get:
- The latest breaking news on club operators, manufacturers and vendors, including mergers and acquisitions and financial reports
- Insights from Club Industry editors
- Advice from industry experts on how to improve your business