When it comes to motivating your employees, there are two main methods of achieving high levels of productivity: the carrot and the stick. Whilst using the ‘stick’ method typically sees workers having to meet specific KPIs (key performance indicators) or risk facing the sack, losing a portion of their bonus or working overtime to deliver what you need, the ‘carrot’ method instead provides workers with specific rewards. These rewards may be end of year bonuses after annual reviews and smaller incentives throughout the year. As suppliers of many reward-based corporate hampers, we thought we’d take a look at why the carrot method of motivation is proving to be so effective in the workplace.
Guidant Financial’s 8th annual Office Olympics were celebrated this past week. It’s an event that consistently brings our teams together by promoting intra-company friendships through healthy competition and some ridiculousness.
This year’s theme, “Time After Time” covered some of the most famous eras of our past, present and future. Each day, a new challenge was brought to the table for a chance to win points. The top three teams with the most points at the end of the week were awarded with gold, silver, and bronze medals (as well as Amazon.com gift cards).
Day 1: Tango of Time
On day one, after the opening ceremonies, the competition kicked off with Tango of Time, also known as musical chairs. Choosing one valiant member from each team, nine individuals went head-to-head as the sound system belted out tunes themed to “time.” Teams also had a chance to earn spirit and style points, which lead to some creative dancing and intense cheering.