Webgreeter.com (Liveadmins LLC, Chicago) employs a simple but smart incentive pay plan for its employees. In the event of an employee’s absence, a fellow employee who takes on the work of that employee is paid accordingly for that extra work.
This plan has had a dramatic effect in the daily routine of the company. As expected, more people are willing to cover for their peers and are even more willing to take on extra work. It has also been seen that employees are taking less time off work. As a result, the overall productivity has surged to a notable level.
Most incentive pay plans fail to deliver the results that are expected because of lack of communication. They are poorly explained and are confusing. Webgreeters.com does not face any of these problems since the plan is pretty straightforward and simple to understand. Furthermore, many feel that it is entirely appropriate and, in fact, the perfect thing to do.
However, most employees at webgreeters.com do not feel the need for such a plan. But the company knows better that workers need to be paid for the extra work they do.
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