MOTIVATION TO EMPLOYEES:
In order to motivate the employees to use the RBD model and draw results from it ICICI Bank has kept a contest “KBC” Kaun Banega Champion.
This is basically a weekly and a monthly contest and looks to reward employees who use the RBD to generate leads. In the weekly contest any staff member who generates atleast 3 sales pre week is eligible for the reward also the top 10 of the active staff that has generated atleast 1 lead in a week at a branch shall win.
Incase of the monthly contest the staff member who generates atleast 12 sales per month is eligible. Also top 5 branch staff in each branch shall be eligible. Both the weekly and the monthly contest winners are given the option to choose from a portfolio of attractive prizes, employees are also given the option to delay their possession of the prize and wait for another win and then choose a much better prize thereby motivating employee to be recurrent winners.
In order to motivate the employees to use the RBD model and draw results from it ICICI Bank has kept a contest “KBC” Kaun Banega Champion.
This is basically a weekly and a monthly contest and looks to reward employees who use the RBD to generate leads. In the weekly contest any staff member who generates atleast 3 sales pre week is eligible for the reward also the top 10 of the active staff that has generated atleast 1 lead in a week at a branch shall win.
Incase of the monthly contest the staff member who generates atleast 12 sales per month is eligible. Also top 5 branch staff in each branch shall be eligible. Both the weekly and the monthly contest winners are given the option to choose from a portfolio of attractive prizes, employees are also given the option to delay their possession of the prize and wait for another win and then choose a much better prize thereby motivating employee to be recurrent winners.