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Employee-Based Project Incentives

Publication No
RS140-1
Type
Research & Development Product
Publication Date
Jun 01, 1999
Pages
17
Research Team
RT-140
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DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
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 increase
Key Findings
While the overall results were reported to be similar in several key areas concerned with project performance, differences were found when comparing hourly and salaried personnel and the use of incentives, as summarized in the Table 1 below. (RS140-1, p. 8)
EIP should be well-planned, clearly established, and properly supported. When implemented with proper planning and careful consideration to the characteristics of the project at hand and cultures of the companies involved, employee incentive plans can succeed. (RS140-1, p. 13)
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

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