Employee Learning Incentives
One thing we do for our employees is maintain a library of high-quality learning materials. These are physical books, audio books, online resources, and membership to online tutorial sites. No matter what a given employee’s responsibilities are within the company, there’s a good chance we have resources available that can speak to their specific role.
But making these resources available isn’t enough. You also need to know when – and when not – to push your employees to take advantage of them.
To do this, we created our learning incentive program. We do not require that our employees take advantage of these materials, but we’ve created a system that gives them gentle encouragement. Each book read, or online course completed, awards the employee with a point value. 10 points nets them an iTunes gift card. 50 points is good for either a Chromebook or a 4-day weekend. You get the idea.
Our goals for this program are threefold:
- It gently encourages competition. Our employees are some of the least judgmental people you’ll ever meet, but it doesn’t mean they don’t want to look good in front of their peers.
- It offers a great return on investment. Maybe this is a rather clinical way to look at something that’s meant to be fun, but the truth is that buying a Chromebook for an employee who’s earned 50 points in the incentive program is a great investment on our part; those 50 points represent an employee who has far exceeded our already high expectations.
- It produces well-rounded employees. Not every employee resource is perfectly tailored to each and every position within the company. This means that employees are encouraged to seek out resources that may fall outside of their comfort zone or area of expertise. That’s a good thing.
But making these resources available isn’t enough. You also need to know when – and when not – to push your employees to take advantage of them.
To do this, we created our learning incentive program. We do not require that our employees take advantage of these materials, but we’ve created a system that gives them gentle encouragement. Each book read, or online course completed, awards the employee with a point value. 10 points nets them an iTunes gift card. 50 points is good for either a Chromebook or a 4-day weekend. You get the idea.
Our goals for this program are threefold:
- It gently encourages competition. Our employees are some of the least judgmental people you’ll ever meet, but it doesn’t mean they don’t want to look good in front of their peers.
- It offers a great return on investment. Maybe this is a rather clinical way to look at something that’s meant to be fun, but the truth is that buying a Chromebook for an employee who’s earned 50 points in the incentive program is a great investment on our part; those 50 points represent an employee who has far exceeded our already high expectations.
- It produces well-rounded employees. Not every employee resource is perfectly tailored to each and every position within the company. This means that employees are encouraged to seek out resources that may fall outside of their comfort zone or area of expertise. That’s a good thing.
Le Blanc Consulting Employee Quarterly Bonus Plan
Purpose:
The purpose of this Employee Bonus Plan (thereinafter referred to as the "Plan"), is to provide incentives and rewards for the employees of Le Blanc Consulting (hereinafter called the "Company"). The Plan aims to provide all employees of the Company with a financial interest in the growth of the Company and to reward long term employment with the Company.
Effective Date:
The Plan shall be effective as of January 1, 2017.
Eligible Employees:
All active employees (who have completed their probationary period), of the Company, who are employed with the Company at the end of each quarter (March 31st, June 30th, September 30 and December 31st) are eligible for the preceding quarterly incentives.
Incentives:
New Client Incentive:
Employee will receive $40 for each new client they bring to Le Blanc Consulting. This one-time payment will be paid at the pay period following the end of the appropriate quarter.
Renewed Client Incentive:
Employee will receive $20 for each client that renews their contract with Le Blanc Consulting. This one-time payment will be paid at the pay period following the end of the appropriate quarter.
Meeting Attendance Incentive:
Employee will receive 5 points per each staff meeting attended. Full attendance at the staff meetings is equal to 15 points per quarter. Employees who have 15 attendance points are eligible for a meeting attendance bonus of _____, which will be paid at the pay period following the end of the appropriate quarter.
Training Incentive:
Employee will receive 5 points per each training meeting that they attend. Full attendance at the training meetings is equal to 15 point per quarter. Employees who have 15 attendance points are eligible for a training attendance bonus of _____, which will be paid at the pay period following the end of the appropriate quarter.
Learning Incentive:
Employees
Considered Compensation:
"Considered compensation" shall include the combination of salary, hourly wages and performance bonuses. This type of compensation is taxable and the appropriate taxes will be withheld.
Purpose:
The purpose of this Employee Bonus Plan (thereinafter referred to as the "Plan"), is to provide incentives and rewards for the employees of Le Blanc Consulting (hereinafter called the "Company"). The Plan aims to provide all employees of the Company with a financial interest in the growth of the Company and to reward long term employment with the Company.
Effective Date:
The Plan shall be effective as of January 1, 2017.
Eligible Employees:
All active employees (who have completed their probationary period), of the Company, who are employed with the Company at the end of each quarter (March 31st, June 30th, September 30 and December 31st) are eligible for the preceding quarterly incentives.
Incentives:
New Client Incentive:
Employee will receive $40 for each new client they bring to Le Blanc Consulting. This one-time payment will be paid at the pay period following the end of the appropriate quarter.
Renewed Client Incentive:
Employee will receive $20 for each client that renews their contract with Le Blanc Consulting. This one-time payment will be paid at the pay period following the end of the appropriate quarter.
Meeting Attendance Incentive:
Employee will receive 5 points per each staff meeting attended. Full attendance at the staff meetings is equal to 15 points per quarter. Employees who have 15 attendance points are eligible for a meeting attendance bonus of _____, which will be paid at the pay period following the end of the appropriate quarter.
Training Incentive:
Employee will receive 5 points per each training meeting that they attend. Full attendance at the training meetings is equal to 15 point per quarter. Employees who have 15 attendance points are eligible for a training attendance bonus of _____, which will be paid at the pay period following the end of the appropriate quarter.
Learning Incentive:
Employees
Considered Compensation:
"Considered compensation" shall include the combination of salary, hourly wages and performance bonuses. This type of compensation is taxable and the appropriate taxes will be withheld.
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