This document discusses various topics related to employee incentive programs in organizations, including quality of work life factors, different types of incentive plans (e.g. profit sharing, project bonuses), ideas for hotel employee incentive programs, explanations of concepts like profit sharing, bonuses, transfers, promotions, demotions, and wellness programs.

1. “QWL is a process of work organizations which enable its members at
all levels to actively; participate in shaping the organizations
environment, methods and outcomes. This value-based process is
aimed towards meeting the twin goals of enhanced effectiveness of
organizations and improved quality of life at work for employees. ”-—
The American Society of Training and Development
Factors contributing to the quality of work life in hospitality industry
• Work Environment,
• Organization Culture And Climate
• Job Satisfaction And Job Security
• Compensation And Rewards
• Training And Development
• Pay And Rewards
Jithin.P. Mathew- 19PMH112

2. Incentive plans are methods in which employees of an
organization are kept motivated for the work that they do and
are given incentives on reaching or accomplishing certain
organization goals.
Incentives are an additional remuneration payable to efficient
workers for their meritorious performance in terms of time,
costs and quality to motivate them to be more productive.
Different types of incentive plans are:
1. Profit Sharing: It is available to full time employees.
2. Project Bonus: This is awarded to a team or an individual.
3. Stock options: This option is normally to the upper
management.
4. Sales Commission:The salesperson would definitely receive
a base salary which will remain fixed and he/she will receive
commission on every sale done.
INCENTIVE PLANS

3. Here are 10 ideas for hotel employee incentive
programs that will help your workers be happier,
more productive, and stay longer.
1. Offer Career And Personal Development
2. Allow Flexible Schedules
3. Employee Recognition
4. Attractive Retirement Plans
5. Mentoring Programs
6. Stop the Micro-Managing
7. Offer Health and Wellness Programs
8. Create a Family Atmosphere
9. Have Fun at Work
10. Come up with Low-Cost and No-Cost Perks
11. Free Start-up Kit, Including Slip-Resistant Shoes

4. Profit sharing refers to the process whereby companies distribute a
portion of their profits to their employees.
The base salary of the employee will be taken into consideration for this.
Those employees having higher base salaries will get a higher share of
the profits to be shared.
Profit sharing is a gesture extended by the company to make the
employees feel that they are also part of the company. Any employee,
who is well taken care of, will perform better.
Advantages
a. Motivation levels will be high.
b. The employee focus will be on
profitability.
c. Increases commitment to the
organization among the employees.
Disadvantages
a.The salaries of the individual
employees go up equally, not based
on merit or promotion.
b. The focus of the employee may
be on the profit rather than on
quality.
PROFIT SHARING

5. Bonus is a type of financial incentive given to employees,
often as a reward or to increase morale and productivity.
With a bonus, an employer offers employees a one-time
payment of a specific amount.
A bonus is generally awarded once a year. Most bonuses
are given out around the holiday season.
Organizations use bonus pay as a way to improve morale
and increase productivity among their employees, as well
as to show appreciation for hard work and a job well done.
BONUS

6. Transfer is defined as “… the moving of an employee
from one job to another. It may involve a promotion,
demotion or no change in job status other than moving
from one job to another”.
Types of transfer
1. Production Transfer
2. Personal Transfer
3. Remedial Transfer
4. Replacement Transfer
5. Penal Transfer
6. Shift Transfer
7. Versatile Transfer (Rotation transfer)
TRANSFER

7. ‘Promotion is advancement of an employee to a
better job – better in terms of greater
responsibility, more prestige or status, greater
skill and especially increased rate of pay or
salary”.
It has an internal motivational value, It elevates
the power and status of an employee within an
organization
Types of promotion
• Horizontal
• Vertical
• Dry promotion
• Open/closed promotion
PROMOTION

8. DEMOTION

9. Wellness programs are a good means to improving the
health of employees, and with it, the overall health of the
organization.
Top 7 Reasons to Have a Wellness Program
1) Wellness Programs Improve Employee Health Behaviors
2) Wellness Programs Reduce Elevated Health Risks
3) Wellness Programs Reduce Health Care Costs
4) Wellness Programs Improve Productivity
5) Wellness Programs Can Decrease Absenteeism
6) Wellness Programs Can Help Improve Employee
Recruitment and Retention
7) Wellness Programs Build and Help Sustain High
Employee Morale
WELLNESS PROGRAMS

10. Examples of the Best Workplace Wellness Programs
• On-site fitness centers.
• Smoking cessation programs.
• Transit options.
• Paramedical services.
• Yoga classes.
• Lunch and healthy snacks.
• Employee assistance programs.
• Naps.