Incentive pay is a monetary reward given to employees for achieving specific goals or targets. It’s a great way to motivate employees and improve their performance. However, determining the criteria for incentive pay can be challenging. Here are some factors to consider when deciding on the criteria for incentive pay:

1. Specific goals: The goals that an employee needs to achieve to receive incentive pay should be clear, specific, and measurable. This will help to ensure that employees know exactly what they need to do to qualify for the reward.

2. Time frame: The time frame for achieving the goals should be realistic and achievable. For example, if an employee is expected to achieve a goal within a week, but it’s not possible due to the number of hours worked, the incentive pay may not be motivating.

3. Importance of the goal: The goals that an employee needs to achieve should be important to the business. If the goal is not significant, the incentive pay may not be motivating enough for employees.

4. Performance level: The employee’s performance level should also be taken into account. If an employee is consistently achieving their goals, they may not be motivated by incentive pay. In this case, other forms of recognition may be more effective.

Using gift cards as payment for incentive pay is a great option because it allows employees to choose their own rewards. This can be a great motivator as employees are more likely to work hard to achieve their goals if they know they can choose something they really want.