Finding proven methods for motivating employees and maintaining customer loyalty is vital in today's rapidly changing business landscape. According to the Public Agenda Forum, only one in four American workers is working at full potential.
At Perks.com, we’ve taken the guesswork out of figuring out what drives your employees. Human behavior is an interesting thing. From Sigmund Freud to B.F. Skinner and even Pavlov and his infamous dog, the study of psychology has given us a wealth of knowledge about the science of human behavior. We’ve tapped that knowledge, applied those theories to real-world situations, and taken careful notes along the way.
Our study and research in behavioral science and our understanding of the modern workplace means that we fully grasp what energizes goal-oriented behavior. With the practical application of the Incentive Theory of Motivation, we’ve proven that tangible rewards reinforce the positive habits that are the bedrock of an effective, driven workforce.
Perks’ Science of Motivation methodology uses a well defined process of applying stimulus to living laboratories, observing and measuring response, modifying additional stimulus to those who don’t respond, and then proceeding with a continued process of stimulus and observation to optimize engagement.
Perks’ incentives help companies achieve desired objectives and strengthen relationships. The objectives developed and awards offered in a carefully conceived performance improvement program help transfer corporate objectives into internal, personal goals for each participant; thus in effect making the company's goals the participant's goals.
Additional findings from the SITE (The Society of Incentive & Travel Executives) Foundation study demonstrate the effectiveness of incentive programs. An overwhelming 92% of workers surveyed indicated that they achieved their goals because of incentives. Incentive programs also had an equal, positive impact on both quality and quantity goals.
While employees benefit from incentive programs, it is the company that benefits the most. Findings from a recent Watson Wyatt Worldwide study indicate that companies with an effective program in place realized a median return to shareholders that was almost double that of companies which didn't have ways to recognize employees.