Incentive Programs

Why have an Incentive Program?

Finding ways to motivate employees and ensuring your culture is driving the correct behaviors in the workplace are some of the most complex challenges for construction companies. One of the best ways to encourage, drive, and reward employees is to create a structured Incentive Program.

While money is not the only motivator, it is typically the ‘biggest’ motivator and the easiest for employees to recognize. As a business owner, you have the ability to set up a compensation and incentive program that motivates your employees to make positive contributions to your company by encouraging behaviors that lead to profitability, efficiency and success.

The best programs are often tied to project and/or overall company financial performance, and include KPIs (Key Performance Indicators) that measure each employee’s performance of their specific role in the organization. 

Once you have defined the specific roles and responsibilities for your company (learn about Operational Excellence), the next step is to identify the core activities for each role that help ensure success and figure out ways to measure them. This provides clarity for both the company and the employees – you all know what you’re going to measure, how you’re going to measure it, and what the expectations are (the KPIs). Now you’re ready to build an Incentive Program that rewards them for achieving these KPIs, thereby driving both performance and culture in unison.

A well-designed program typically makes the company money as it rewards them for their talents and keeps them motivated to perform at a high level, day in and day out. It also makes for a powerful Recruiting tool to attract talented employees and set you above your competition.

Designing your Program

Ascent is well-versed in designing Incentive programs specifically for construction companies to motivate and reward their key employees. Our customized programs are designed to motivate your employees to make positive contributions to the success of your company. We work with your Leadership team to define Performance Measurement criteria (objective KPIs) for your staff based on the responsibilities, expectations and desired output of each position or role.

 

We work with you to determine the financial payout structure, including funding sources, weighting of KPIs, and actual payout calculations that both your company and employees can rely on.

 

Read More

Learn more about the best practices when designing an incentive program.

Read about Incentive Programs

Read about Incentive Programs for Project Managers

Read about Incentive Programs for Estimators

Listen to Adam Cooper Discuss Incentive Plans on the Competitive Contractor Podcast

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Zachary Hickman

Project Coordinator

Zachary brings 10+ years of project management experience as an owners representative for clients and from the developer side of the business.

He began his career as an assistant project manager with a masonry subcontractor in Florida, before moving to Atlanta.

Daphene Koch

Consultant

Daphene’s construction experience began working in her family’s mechanical construction company.

Next, she worked for a large EPC firm on projects in Texas and Malaysia. With over 15 years of construction industry experience on commercial and industrial projects. Her roles have included project manager, safety manager, construction services leader, and pipefitters helper.

While a professor at Purdue University in the School of Construction Management, she worked as a consultant to help construction companies improve processes, project management, workforce development to name a few. She has a BS, MS, and PhD from Purdue University and resides in Indiana.

Hakeem Slaughter

Marketing Coordinator

Hakeem is a brand designer with over 10 years of experience. He has been a freelancer for about 9 years working with many different clients and industries under the following subjects: brand design, graphic design, web design, and social media marketing.

 

During that time freelancing, he also worked at many companies as a graphic and web designer. As well as taught disciplines of Art and Design to students varying from middle school age to college. As mentioned, he has a “jack of all trades” range but is quite proficient at WordPress and uses that knowledge to design cutting edge websites!

 

Hakeem specializes in branding, design, and creativity and is bringing his talents, skills, and passion to take Ascent Consulting to a new level!

Aimee Collier

Project Coordinator

Aimee joins Ascent as a Project Coordinator supporting our Senior and Procore Consultants. With construction industry experience both in-field and back-of-house (ranging from project site coordination to contract management to software administration), she brings a holistic perspective of the day-to-day challenges faced by our clients. Her varied professional roles include software implementation and training, technical content creation and design, and coordinating across teams to bring projects to successful completion. She is excited to direct her passion for people and processes toward our customers.