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Employee-Based Project Incentives

Event Date

Jun 30, 1999

Type

Conference Presentation

Research Team

RT-140

Slides

Topic

Project Incentives

DOCUMENT DETAILS

Abstract

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Abstract

Employee incentives have increased in use as owners, contractors, and suppliers seek innovative approaches to create the optimum atmosphere for project success. One question, however, remains: Do employee-based project incentives result in an increased probability of achieving project objectives? To answer that question, CII created the Project Incentives Research Team. The objectives of the research team were to: Develop specific employee incentive performance benchmarks in terms of safety, quality, cost, and schedule. Develop a methodology that the owner/contractor team can use to select and implement an employee incentive plan based on project type and project objectives. Develop easy-to-use tools to assist the owner/contractor team in developing and implementing a successful incentive plan. The majority of the companies interviewed stated that the results obtained either met or exceeded their expectations and that they would utilize incentive programs in the future. The research revealed that employee-based incentive programs assisted employees in focusing their efforts and in motivating their performance. The research team has prepared a guide, Employee-Based Project Incentives Toolkit (CII Implementation Resource 140-2). The purpose of the toolkit is to help determine if a project is appropriate for using employee incentives, to assist in developing such a program, and to help manage the program to successful completion. Do employee-based project incentives increase the probability for achieving project objectives? The answer is yes, provided that they are well-planned, clearly established, and properly supported by both owner and contractor management.

Filters & Tags

Knowledge Area

Human Resource Management, Professional Development

Project Phase

Detailed Scope, Detailed Design (Engineering), Construction, Commissioning & Startup

Project Function

Project Management, Architects & Engineering, Procurement & Contracts, Construction, Health, Safety & Environmental, External Stakeholders

Industry Group

Light Industrial, Heavy Industrial, Buildings, Infrastructure

Research Topic

Project Incentives

Keywords

Incentives, Project Performance, Supervisors, Project Life Cycle, Pre-Project Planning, Budgeting, Culture, Compensation, Employee-based Incentives, Employee Incentive Process, rt140

Related Resources

Employee-Based Project Incentives

Related Resources

Project-Specific Employee Incentives

Employee-Based Project Incentives Toolkit

Employee-Based Project Incentives

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