Staples Advantage Survey Shows 1 in 3 Would Work Extra Week Each Year for Company Incentive Program
For companies that are starting or refining incentive programs, it's also helpful to keep employee feedback in mind. Incentive program participants' top two recommendations for improving their companies' incentive programs were increasing the frequency of rewards and offering more reward options. Participants also wish their programs recognized them for:
- Mentoring others (45 percent)
- Fostering teamwork (40 percent)
- Working on weekends (35 percent)
- Driving company morale (35 percent)
Incentive Program Participants: In It to Win It
Incentives are often most effective when they're unique. The top five most sought-after reward categories according to incentive program participants are travel, electronics, small household appliances, bags and entertainment.
Respondents recounted some of the most memorable rewards they'd received—spanning everything from mini-fridges and home theaters to trips abroad and even doggie life jackets. These items are desired so much that more than 60 percent admit to coveting what their coworkers have earned.
About the Survey
Staples Advantage conducted an online survey, with responses from more than 170 office workers at companies of various sizes and across industries. The survey, completed in July 2011, queried both incentive program participants, as well as employees whose companies do not currently offer incentive programs. Respondents spanned various levels and departments within their organizations.