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Making Chips Podcast for Manufacturing Leaders

Manufacturing is challenging, but if you are connected to a community of leaders, you can elevate your skills, solve your problems and grow your business! MakingChips was launched in 2014 to equip and inspire the metalworking nation. Hundreds of episodes and a million downloads later, it’s an industry-leading source of information, inspiration, and entertainment for manufacturing leaders of all types. It’s hosted by Jason Zenger and Nick Goellner, two multi-generational manufacturing leaders, and they’re joined by a rotating panel of expert guests – including Titan Gilroy (TITANS of CNC), John Saunders (NYC CNC), Mark TerryBerry (Haas Automation), and many more. Join us as we tackle the topics that keep you up at night - leadership, operations, technology, growth, workforce development and culture.
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Making Chips Podcast for Manufacturing Leaders
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Mar 7, 2022

What do you expect from your employees? Do you expect them to think like an owner? Or just clock in and get their work done? Are they compensated for your expectations? In this episode of MakingChips, we’ll cover the bonus incentive plan I’ve structured for my core team. I’ll share the goals of the program, how to determine what behaviors to incentivize, what the reward(s) will be, and an easy way to manage it. Don’t miss it!

Segments

  • [2:16] ZENGERS new bonus incentive program
  • [2:50] What’s happening in the lives of ZENGERS and Carr
  • [5:59] Illinois and Chicago’s Vaccine and Mask Mandates to End Feb. 28th
  • [9:03] How I structure my bonus incentive program
  • [13:15] The 4 goals of my bonus incentive program
  • [15:39] How to determine what behaviors to incentivize
  • [23:53] The goal of the incentive program is to drive results
  • [26:20] Determine the reward of your incentive program
  • [28:17] How to manage your bonus incentive program
  • [32:33] Are you incentivizing what someone is paid to do?

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