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New Study Reveals Sacrifices Employees Would Make to Have a Bonus System Implemented at their Company

A shocking new study by the B2B division of Staples Inc. (Staples Advantage), reports surprising benefits of Gainsharing-type incentive systems.

This study discovered that one-third of office workers would be willing to work an additional week each year if their company would implement a system that financially rewards employees meeting performance-based milestones!

This study also confirmed that these systems can increase performance and morale.

But who would have expected that employees would work an additional week each year to have such a system implemented at their company!
We Can Do It Gain Share

I find that to be surprising and yet congruent with my personal experience at the same time.

This study also reported the following benefits for companies that already have incentive systems:

Employees:

  • Feel more valued (85%)
  • Are happier and more motivated to work (70%)
  • Are more loyal to their company (65%)
  • Are more productive and able to get better results (about 60%)

    jigsaw This study also found that incentive systems are a powerful recruitment tool. They reported that 70% of employees at companies without incentive systems would love to work for a company that does have one.

    Additionally, they reported that employees would be willing to make the following sacrifices if their company would begin an incentive system:

  • 30% said they would take on extra responsibilities
  • More than 40% would be in favor of forgoing the annual holiday party

    It's great to see concrete support for results that many companies have achieved.

    If your company doesn't have a Pay-for-Performance system for everyone, this study indicates you're at a serious disadvantage.

    Below are a couple options to "put your toe in the water" and explore the issue and gather information.


    Whenever you’re ready . . . here are six ways we can help you:

    1. Gainsharing Executive Briefing DVD
    This free DVD gives a quick primer on Gainsharing and its “must have” features. It was created by a television producer and includes on-site interviews with actual Gainsharing users. Click here to request your free copy.

    2. Gainsharing BluePrint
    Answers the question “How could this be applied in my Company?” Outlines both the formula and “Boots on the Ground” connection fundamentals required for an effective Gainsharing system. Click here to request more info.

    3. “40 Minutes to a 5 to 15% Productivity Improvement” Webinar
    Learn how to motivate employees and give them “skin in the game” to drive results. Click here for direct access.

    4. Invite me to speak for your group or trade organization
    I would be pleased to serve your trade organization or other groups as a speaker. Click here to email me about your opportunity.

    5. In-person, on-site presentation at your company
    Let’s put a presentation together for your Management Team and others. It’s an ideal way to explore how Gainsharing applies to your specific circumstances without the cost or inconvenience of travel for your people. Click here to email me to discuss customizing the presentation for your Company.

    6. Webinar for your company
    We can also develop a custom webinar presentation for your company. This makes it easy to get a quick overview using technology to maximize convenience. Click here to email me to request more info.


    You can also send your questions to chuck@gainsharing.com or call 317-371-1021.


    About the Author:

    Dr. Charles (Chuck) DeBettignies is an author, speaker, seminar leader, Gainsharing expert, and founder of Gainsharing Inc.

    His company implements Gainsharing processes to motivate employees to pursue great performance with a performance-based pay reward system that leads to an improved bottom-line at the same time.

    Many companies say it's the single best thing they ever implemented for both their company and employees.

    Gainsharing Inc. specializes in Gainsharing Systems, and offers design, implementation, and assistance to drive impressive, lasting success.


    Gainsharing Inc.
    P.O. Box 501548
    Indianapolis, IN 46250
    317-877-0375
    chuck@gainsharing.com

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