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Achievement Point Check
The Achievement Point Check is a three-part carbonless form. It is used as the recognition vehicle in point programs. Achievement Point Checks are typically issued to participants on a monthly basis, awarding them for their achievement during that time period. Achievement Point Checks serve as a recognition communication tool, as well as a form of verification of achievement at the time of redemption. When a participant is ready to redeem a gift, he/she will attach the appropriate amount of points to their order form and send them in to Gifts-To-Give. We will verify that the correct amount of points were submitted prior to processing. If the participant did not include sufficient points for their gift selection, their order and Achievement Point checks will be returned to them along with an explanation letter. If the participant sends in too many points, Gifts-To-Give can send them a change check. For example, if the participant's selection is 4,000 points and they send in a point check worth 5,000 points, we will send the participant a change check for 1,000 points. (We will only issue change checks, if pre-arranged, for remaining points which have a value of $2.50 or greater.) Evaluating Incentive Point ProgramsSAFETY INCENTIVE PROGRAM CASE HISTORYParticipants:* Plant Employees Situation Analysis:Employees were careless with their work habits, resulting in a high number of accidents and absenteeism due to injuries. Management seldom stressed the importance of safety on the job. Safety was not made a high priority concern of the employees. Objectives:To reduce the overall number of Lost Time Accidents and increase the number of accident free days. To provide a safe place for all employees and reward employees based on their safety habits. To foster a team spirit for safety among employees. Recommendations:Employees were grouped into teams, and were measured on both their own safety performance and their teams. A team structure emphasizes pride of achievement and fosters a competitive spirit. Each month an employee and their team went without a Lost Time Accident (LTA), each employee would earn award points ... redeemable for valuable merchandise awards. The following monthly award schedule was established: - Each month an individual worked without an LTA 2,000 points ($10.00) per individual per month Each month a team worked without an LTA 3,000 points ($15.00) per individual per month Communications:To announce the program, each employee received a custom catalog which contained all of our merchandise award levels. Every quarter a premium/specialty item and a letter from the company was sent to each employee, promoting the safety program. Each month employees received award point checks. Most employees accumulated their checks in order to have more purchasing power. Once participants accumulated enough points for the gift they wanted, they filled out an award order form and sent it along with the appropriate amount of points to Gift Headquarters'. Results:The accident rate has been reduced by approximately 25%. Savings from reduced LTA and decreased insurance premiums has exceeded $30,000. Merchandise redeemed in the program totaled $17,000. Average award earnings per employee per year is approximately $225. 23 |