Incentives – what are they and do they work?

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Incentives – what are they and do they work?

If hard work is its own reward as the saying goes, what role do incentives have to play in employee performance? Its human instinct to enjoy being acknowledged and recognised for our efforts. The common definition of incentives are rewards that link pay to the employee’s performance, however there are numerous ways to incentivise employees – not all of them involving money Those in favour of incentives argue that they are a great motivator for employees and when done well the competitiveness they spark can increase
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The importance of Training (and it doesn’t have to cost the earth)

Too often when things get financially tight in business, the importance of training tends to slip down the rungs...However, this is not necessarily a sound strategic move for businesses trying to succeed in a competitive industry. Why invest in employee training during economically challenging times? The short answer is because training and developing your employees could be critical to the future success of your organisation. Training has come a long way. It’s not just about obtaining a University degree or Tafe dip
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The do’s and don’ts for providing feedback

Providing feedback to your employees can be difficult, especially if that feedback isn’t positive.

How do you provide feedback to your employees?  Here are the do's and don'ts for providing feedback to your employees... Some employers opt to provide negative feedback in the form of a ‘feedback sandwich’ providing positive, negative and then positive feedback again.  This acts to ‘soften the blow’ for what the employer actually wants to tell the employee.  However, this can come across as insincere a
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The Benefits of Performance Reviews

By Performance Reviews ( also known as appraisals), play an important role in an employees working life. Although performance reviews are not a legal obligation, they do offer many benefits.  Conduct regular performance reviews generally maintain stronger relationships with their staff, have higher retention rates and an overall positive culture within the workplace. What can conducting Performance Reviews do? Performance reviews can be done with the following objectives in mind:
  • Maintaining records in o
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Termination of an Employee

Termination of an employee, whilst often unpleasant,  is a common business reality. Gone are the days where employers could simply fire a staff member on the spot without consequences, and rightly so. Termination may occur as a result of:
  • Poor performance
  • Misconduct
  • Inappropriate behaviour
  • Redundancy
No matter what the reason for termination, employers must be diligent in satisfying provisions in legislation.  So, why is this so important? It is simple reall
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