Last week, we asked: Is your incentive program effective?
- Somewhat — parts of it work, other parts don’t, 38%
- We don’t have any incentive programs, 32%
- Yes — our incentive program is generally effective, 15%
- No — it doesn’t work at all, 14%
Am I a little bit cynical to believe that these numbers are still a little high in rating the effectiveness of incentive programs? Probably, but I often think a program that is seen as even somewhat effective is probably worse off than many in HR and management would like to believe. Probably what was more interesting was that nearly a third had no incentive program at all. I know these have been cut back but that still seems higher than I would expect.