
I just came across this news brief that says that Home Depot will be
offering cash incentives to employees who provide great customer service. Employees can get up to $1,000 monthly and $10,000 quarterly. Stores can also receive up to $25,000 to use for employee gatherings or community activities.
I'm not a big fan of offering cash incentives. To me, it seems more like a bribe than a "reward". The actual reward should be a smile on a customer's face. Isn't that enough these days? Why not just increase people's pay and call it a day?
There have been numerous studies done on tangible rewards versus cash rewards. It seems that travel or merchandise works better because it feels more like a "gift". Learn more about cash vs. tangible rewards here...








$1,000 monthly to an employee who provides great customer service? Wow. What *exactly* does that employee have to do?
The imagination certainly runs wild...
In all seriousness though that seems like a very big incentive. I've usually found Home Depot people to be friendly and helpful, although a bit rushed because there's a lot of customers that need their attention...
Posted by: Ben Yoskovitz | June 23, 2006 8:09 AM | Permalink to Comment