Showing posts with label employee incentives. Show all posts
Showing posts with label employee incentives. Show all posts

Tuesday, April 1, 2014

Using Gamification to Influence Business Travelers' Behavior



Gamification is proving to be successful when applied to many different subjects. In the classroom children are scoring higher. In the workplace employees are becoming more engaged at work and generating more revenue for their employers. Now it is being applied to business travel.

Business travel has changed a lot in recent years. A recent Forbes article highlighted the changes in corporate travel in recent years.  Employees are increasingly personalizing their travel experiences by updating seat assignments, customizing in-flight meals and booking their own hotel rooms without the involvement of a corporate travel planner. But with all of this flexibility, business travelers are pushing the limits of their company’s travel rules and budgets. Companies have turned to gamification to solve this issue. Here are two examples of tactics companies are using to change employee behavior.

Travel management company Ovation rewards travelers for obeying the company’s policies. They earn points and can redeem them for merchandise from digital stores.

Rocketrip, a gamified travel service for companies, rewards clients' employees who adhere corporate policies with cash. The closer they follow or beat the budget that is set, the higher the reward.

In an age where personalization is central to consumer's experiences, convincing people to sacrifice a bit of that experience for the good of the company is a tough task. Entrepreneurs have risen to the challenge and used gamification as a means to fix this trending problem. And it’s working.

Thursday, February 20, 2014

Infographic: Shocking Employee Engagement Statistics


An interesting infographic by Officevibe captures popular misconceptions regarding employee engagement in the workplace. It stresses the importance of having committed employees and the overall impact they have on the success of the company. 

http://cdn2.business2community.com/wp-content/uploads/2014/02/10-shocking-statistics-about-employee-engagement_52e82c76b45cb_w1500.jpg



We can see that many employees quit because they don’t like their boss, while only a fourth of managers try to engage their employees. Surprisingly, 90% of bosses agree that engaging employees is crucial to the company’s success. As long as this gap exists, companies will suffer from a brain drain of their most talented and motivated employees. With the knowledge that 87% of employees are less likely to leave if they are happy with their organization, the time is right for companies to focus on creating innovative employee engagement strategies that include feedback mechanisms and communications tactics that clearly articulate the company’s strategic goals. 


Tuesday, February 11, 2014

The Power of Reciprocity in Business


The power of reciprocation is one of the strongest human elements that affect our behavior. A simple act of aid or generosity goes a long way. Robert Cialdini, Author of Influence: The Psychology of Persuasion, explains that even in circumstances where we are not obligated to give back, we still feel a need to do so, because of the power of reciprocation. This natural tendency that all humans possess can be effectively used to strengthen your internal and external brand.

Respect: As a manager, it is important to treat your employees as equals. Giving every person a voice and being open to ideas allows for a strong and effective team. In effect, allowing your team the freedom to try new ideas without judgment will encourage them to experiment because you have created a positive environment for innovation.   

Trust: Building trust with your staff is important. The more trust you show them (i.e. not constantly peering over their shoulder, giving them space to work and report back) will be recognized and returned through more open communication. Once they believe you trust them to perform their jobs without constant intervention, they will work harder to exceed your expectations over time. 

Share valuable information: Customers are always looking for additional value without the additional cost. Offering them insightful knowledge, such as best practices or industry research, is a perfect way to build a relationship with a customer. Once an individual has recognized that they have received something of value, they are more likely to strengthen the relationship by offering something in return. This could be opting-in to your newsletters, following you on social media, or agreeing to a product demo. 

Build a long-term relationship: Building a relationship with your customers will help to ensure they remain loyal brand advocates. Show that you care by consistently providing exceptional customer service, offer quality products or services, and give them an incentive to remain loyal through deals, special status or other rewards.

The power of reciprocation is subtle and  rarely a conscious decision, but it is very effective, especially in the business world. Strive to provide value to  your employees and  your customers, and they will be more inclined to reciprocate in kind.