Worldwide Vision Motivates Employees for Success

Online, July 30, 2012 (Newswire.com) - As businesses attempt to become more profitable during a weakened economy, many supervisors are searching for ways to make their employees more productive. While a bonus or reward system may seem to require additional costs, a recent article from FOX Business reveals that such strategies create a more effective staff than those who work under a penalty system. Worldwide Vision, a marketing firm specializing in in-store promotions, explains in greater detail how bonuses and motivation can create a more positive response from personnel.

The article gains its insight from a new study titled Sticks and Carrots: The Effect of Contract Frame on Effort in Incomplete Contracts. Karen Sedatole of Michigan State University led the study that involved observational experiments in which subjects participated in role playing trials. The article explains, "Participants played the roles of supervisor and employee. Some employees were subjected to a bonus program implemented by the supervisor, while others worked under a penalty system."

Sedatole comments, "Our findings show that carrots work better than sticks - in other words, workers respond better to bonuses than penalties." Worldwide Vision was not surprised to learn that the researchers' findings negated previous studies that supported punishment systems. The company offers a wide array of performance-based bonuses to its employees, as well as a structured system that fosters professional growth for each individual staff member.

Worldwide Vision recently commented on such techniques in a press statement, "Here at Worldwide Vision, we couldn't agree more with the Sticks and Carrots study. Our supervisors found early on that employees would much rather receive a bonus for doing more opposed to punishment if not. With that being said, our business has made progress each quarter since 2009 due to employees striving for more. Not only is one's growth a direct reflection of their performance here at Worldwide Vision, but also their quarterly bonuses."

However, many of those who work in management roles may be curious as to why such methods help businesses like Worldwide Vision. In the article, Sedatole notes that great performance is a result of a solid trust between the employee and the employer. She concludes, "What this means for companies is that employees who receive bonuses for their efforts will work even harder, increasing productivity and potentially bolstering profits. But those subjected to penalties tend to distrust the supervisor and, because of that, work less hard."

ABOUT:

Worldwide Vision is a marketing firm that specializes in new client acquisitions through face-to-face in-store promotions on behalf of its clients' products and services. The company was founded in 2007 in Raleigh, North Carolina, to work primarily for local businesses and entertainers. Today, the company has expanded to include several regional offices throughout the country, and maintains a tier-1 client list that includes nationally recognized electronics, entertainment, and home improvement brands. Worldwide Vision is also noted for its employee benefits programs and career development strategies.

To learn more about Worldwide Vision and its career opportunities, visit www.worldwide-vision.net.