Bonus REWARDS – Part 2 - Johnson Stephens Consulting

This newsletter summarizes the most recent news and events JSC has released up to the Winter of 2008 and features the white paper – A Look at Bonus Reward$ in the Distribution Center – Part 2.

Newsletter overview:

1. A Look at Bonus Reward$ in the Distribution Center
   1. Which Rewards?
      1. Praise or verbal recognition
      2. Non-financial rewards
      3. Cash rewards
   2. Motivational quote of the quarter
   3. Latest News
   4. Service Offerings

Click the buton below to download the Winter 2008 Newsletter.

Below is an excerpt from the newsletter:

“Rewards and recognition come in many different types, sizes, shapes, and packages. Ken Blanchard and Sheldon Bowles, in their book Gung Ho!, remind us that any form of recognition or reward must be TRUE – that is Timely, Responsive, Unconditional, and Enthusiastic. Johnson Stephens Consulting strongly encourages anyone in a leadership role and management position to read Gung Ho!. This principle must be applied to all rewards and all rewards programs. Rewards of monetary value require the exact application of the TRUE principle. Financial compensation as a bonus reward heightens the need to be most accurate in measures and evaluation, most timely in feedback and payout, and certainly significant in value if the rewards are to succeed in motivating the workforce. Legal issues can arise from inaccuracies or inequitable measures. Effectiveness is quickly diminished if the feedback or the reward is not timely. Certainly, a positive opportunity can become a negative impression if the reward is insignificant compared to the effort. Rewards are meant to be mutually beneficial for the worker and the distribution center operator. A “cheap” approach to rewards will be perceived by distribution center workers as a slight of hand. Let’s look at some types of rewards.
The easiest form of reward to offer is simple praise or verbal recognition."