Days Off are the New Short-Term Incentives
Sarah and I were sitting at Little Pete’s this morning, having breakfast in the booth next to the wealthiest man in Philadelphia. There’s really something great about that place. Over our eggs and coffee we were talking about communicating short-term incentives to Millennials. And Sarah said, “Days off are the new short-term incentives.”
Ain’t it the truth? How cool would it be to create a bonus system that rewarded your Gen Y and Millennials with what they value most — time off? Brilliant. I’d like to be the communicator of that plan.
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Many of us Baby Boomers like time off as well. For me, by being in the professional services business I technically am entitled to a whole bunch of vacation. The incentive would be if management could help find a way that I could take most of my time without it then being impossible to acheive my performance goals– and get dinged at pay time.