Blog | Employee Incentive Information | Performance Management | Divvy

Employers. Jump over your obstacles and increase performance!

My friend, John A, called me about all the new taxes affecting his music company. He was a bit anxious about his ability to continue operating in the black while retaining his talented employees. After some discussion he decided the best thing to do was to reach out to his accountant to get professional advice. John asked, What can I do to reduce my tax burden, I am already at the limit. His accountant's reply? "Well John you're doing everything right and by the book. Seems to me you're just going to have to make more money.", then hung up the phone.
Businesses today, across the country, face the very same problems. Regulation, not enough growth capital, health care costs, energy costs, more taxes, complexity of taxes, uncertainty about the economy's future. Sure, if you have the time, the money and the mentality to lobby legislators all day long for relief, more power to you. Frankly I haven't found one business owner, large or small, who enjoys such luxuries. Irrespective of the obstacles being imposed on you by regulation and economic uncertainties, facing these gremlins squarely will help you survive and excel. Here we look at the most pressing obstacles you face and ways to jump over them.

Topics: incentive technology retaining your valued employees Communication Employee Recognition CFO performance improvement solutions Results

Human Resources. Where to find the stones and walk on water!

Job Title: VP Human Resources.
Job Function: recruiting, labor relations, compensation, benefits, payroll, computer skills, organizational development, support sales and safety departments, tons of paperwork, create regular reports, Spanish a plus, oversee communications, boost loyalty while retaining employees, manage multiple tasks in spite of frequent interruptions, solve every problem, ability to walk on water.
OK, so I added the "walk on water" part. That's what we hear sometimes from HR executives we work with. It often feels like this. When you know where the stones are, you can easily follow them underfoot to safe harbor. As one ex-military friend Bill M. told me, "If you're infantry you're the unit's direct value component, everyone else is support." In the manufacturing environment, you are of direct value to the company being on the plant floor building a product or selling it to customers. Otherwise you're just part of the support team. In hospitals and medical organizations if you are the nurse or physician, you are directly caring and healing patients. Your work has direct value. The remaining personnel are considered a supportive role. The point is that in every organization there are individuals who's activities add direct value and those who provide a supportive function.  In the past, HR's role was more a supportive one. Today you are being asked to do more and be of direct value in ways that impact profits and performance. For example, one of HR's biggest challenges is retaining great employees and improving loyalty.  More than ever, of direct value to an organization's financial health. Here are some important ways to engage, retain and encourage loyality from employees.

Topics: incentive technology Communication Employee Engagement Loyalty Programs Employee Retention Sales Performance points-based recognition program

The Future of Turn-key Incentive Technology is Here! IncentiWeb®

We have been receiving a lot of kudos from our clients for the incredible tracking, reporting, administration and management abilities of Incentiweb®  But as important, in my view, is how user friendly it is.  We've brought on some cool additional features such as quizzes, games and communication tools. Although IncentiWeb® is also known as a platform hosting virtually unlimited award choices, it is also one heck of a stand alone software technology perfect for licensing. If you are considering utilizing a stand alone software with the power to handle all your organization's incentive and reporting requirements, here are some things to think about.
 
Are you a gift company looking to provide employee incentive plans to businesses?  Or maybe you are an employer wishing to bring your incentive plan in-house?  Either way you will need a large staff to keep track of all the transactions, place orders, provide customer service, and generate reports for upper management.  Or you will need to create software to take care of the myriad details involved in incentive plans, software that can take years to develop at a cost of a million dollars or more.
But there is another approach, one that can save you time and money, and have you up and running in a matter of weeks with the most sophisticated software available today.
Taico® has been in the incentive management business for over 27 years, and was the first to bring this award winning incentive management software online.  The advantages are obvious:  
•    All your tools – communications, awarding prizes or points, reporting, ordering, and tracking are all in one location
•    The incentives website can be customized with colors, graphics, icons and logos to look and feel just like your own, or your customer’s
•    Awarding  points, updating participants, congratulatory messages and more  can be fully automated
•    For employees, ordering gifts is as easy and familiar as shopping online – search, browse, select, and click to order.  Points are immediately deducted and a tracking number is issued on the spot
•    In-depth reports and assessment tools are available 24 hours a day 7 days a week.
In addition to the advantages of being online, IncentiveWeb also offers an array of tools to help you or your customers hit the ground running when you launch your incentive plan.  These include:
•     Tax reporting database
•     Easy Quiz and Feedback templates used to train and/or get feedback from your participants
•    Easy to create a point based or non-point based incentive program
•    Over 20 languages
•    Templates for any incentive-related corporate communications, such as service awards, sales achievements, milestones, anniversaries etc.  (See examples below)
•    Powerful reporting features (see details below)
•    CRM tool automates customer service communications (see details below)
To create this powerful  software from scratch would take an army of software engineers and a seven-figure budget, not to mention a year or more of valuable time.  But starting this year, Taico will be making its field-proven software available to select clients for licensing, thereby minimizing risk and up-front costs.

Advantages of Licensing
•    Minimal up-front costs
•    Software is available immediately
•    Minimal risk
•    Upgrades available at no cost to lincensee
•    25 years of experience in the incentive industry
Please keep reading to learn more about IncentiveWeb’s powerful features:
COMMUNICATION MODULES
IncentiveWeb includes the tools you need to communicate with your employees keeping them informed and engaged
•    Social engagement tools  
•    Online video upload to use in training, motivation and congratulatory messages
•    Online Blogs:  administrators can post blogs to engage and educate participants
•    Online bulletin board
•    Customized pop ups
REWARDS
•    Completely customizable reward categories
•    Over 1 million award choices available (depending on country)
•    OR upload your own reward choices
 PERFORMANCE ASSESSMENT AND MANAGEMENT TOOLS
IncentiveWeb’s online technology provides you with in-depth, comprehensive reporting and performance assessment tools.   It includes all the reports you need to manage and track your incentive programs and assess performance improvement, even including multiple criteria programs.
Standard reports are completely customizable and can be segregated by date range, program or performance criteria, manager, division, location etc. Administrators can view or download these reports 24 hour a day 7 days a week.
From these reports, “dashboards” can easily be created and customized with a simple click.  These dashboards are used to assess the efficacy of each program and do comparative assessment for single or multiple programs.
IncentiveWeb® technology is designed to instantly assess a program’s progress and evaluate the performance of each associate as well as the program as a whole.  Turnkey reports include:
•    Budget reports
•    Performance improvement
•    ROI
•    Top performers
•    Award redemptions
•    Comparative performance reporting
BACK END CRM TOOL
Customer response tool Keeps track of all transactions and all correspondence between employee and administrators.  When a plan participant sends email enquiring about a recent order, the customer service rep receives the enquiry together with all the information relevant to the transaction in question (order date, tracking information etc), allowing the rep to process the enquiry quickly and efficiently.  Tool can be programmed to send Immediate response to employee, supplier, manager etc.
OTHER FEATURES
Quiz/Surveys – Administrators can easily create an online surveys to obtain feedback on the program from employees.  On-line quizzes can be created to engage and test their employees’ knowledge.   In depth reports can then be created on the administrative back end.  Percentage of  certain answers, who has participated and who has not, etc. This is valuable information can be used to evaluate the efficacy of the program and areas that need improvement.
Many of our clients use IncentiveWeb to run point-based multiple performance criteria programs such as safety, sales, customer service, in addition to their service awards program.  Our Made-to-Measure™ reporting tools in IncentiveWeb can break down budgets,  track the efficacy and ROI of each of these performance criteria, or even do comparative reports.
CUSTOMIZATION
IncentiveWeb is fully customizable to  suit you or your clients’ needs:
•    Point based programs or select a gift (non point based)
•    Tax reporting database for use in generating W-2 and 1099s
•    TaxCentivesTM  module available for your client to use, allowing participants to pay their sales tax with points
•    Back-end CRM tool . keeps track of all customer service information  tracks phone calls, emails, follow ups and conclusions
•    Quiz/Survey modules
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Topics: incentive technology incentive programs Point Based Programs Communication Incentives Social Engagment Tools