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Required
Performance

Achievement
Award

Goal 3

Award 3

Goal 2

Award 2

Goal 1

Award 1

Baseline
Productivity

No Award
Your baseline
PLUS $ 7,500

1,500
Award Points

Your baseline
PLUS $ 5,000

750
Award Points

Your baseline
PLUS $ 2,500

250
Award Points
GoalQuest Pay For Performance
GoalQuest Pay For Performance

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GoalQuest Pay For Performance

Notas do Editor

  1. Rules structure for short term incentive programs (30-90 days)Been in use for 13 years (Since 2000)Over 600 programs operatedOnly patented rules structureGQ designed to maximize sales performance
  2. 4 key ingredients to maximize performance and sustain activity after the program
  3. 1 of 4Most companies have distributions of sales force (high performers, middle players, and low performers)Can 1 set of rules be effective across all of these groups?GQ addresses this by segmenting the audience into performance groups with slightly different rulesGoals are constructed as a factor of each persons individual run ratesOnce a personal goal is selected achievement is all or nothing
  4. 2 OF 4 ingredients is Owning the goalsGoals that assigned can be far out of reach or too easy Goals that self selected by the participants and that are based on performance run rates are more engagingThis leads to a larger portion of the audience increasing their performanceBehavioral Economists call this Idiosyncratic Fit
  5. 3 of 4 is compelling awards Awards is Tangible awards engages the right brain to change performanceTangible award connect with the right brain, which is a greater driver of behavior than the left brainEconomists have found a huge gap between what people say they will do and how they act
  6. FinallyOnce the other 3 ingredients are present we need to keep the participants focused on the program Standard features of GQ include communicated personal progress to each participant on a regular basisInspirational videos can be attached to email to further engage and keep the program top of mind
  7. FinallyOnce the other 3 ingredients are present we need to keep the participants focused on the program Standard features of GQ include communicated personal progress to each participant on a regular basisInspirational videos can be attached to email to further engage and keep the program top of mind
  8. BIW invests in the success of every program by providingProgram DesignWebsite Set UpCommunications and ReportingAccount managementYou are paying for the rewards achieved by your program participants(Client pays for postage for award brochures, and any custom communications or reports)No fixed cost up front (minimizing your risk) Using our database of previous program results we will provide an estimate of your sales lift, rewards cost and ROI