Summary
In this conversation, Ryan Englin interviews Michael Fortinberry, the CEO and Founder of Protiv, a software platform that helps motivate and incentivize performance from hourly workers. They discuss the myth of hourly pay and the challenges of motivating blue-collar workers.
Michael explains how linking incentives to performance can create motivation, engagement, and enthusiasm among hourly workers. He shares practical examples of implementing rewards and the positive impact it can have on productivity and quality.
They also discuss the cultural shift required and the role of technology in simplifying the implementation process. Overall, the conversation highlights the importance of valuing employees and driving change in the construction industry.
Takeaways
- Linking incentives to performance can create motivation, engagement, and enthusiasm among hourly workers.
- Digital time tracking is essential for implementing variable incentives based on performance.
- Rewarding workers based on their performance can lead to increased productivity, improved quality, and cost savings.
Chapters
01:33 Challenges and Complexity of Change
03:03 Practical Implementation of Rewards
04:04 Motivating Workers with Incentives
06:20 Motivating Top Performers
07:15 Maintaining Quality and Efficiency
08:48 Translating Bonuses into Value
09:25 Weekly Pay and Individual Recognition
10:24 Recruiting and Retaining Top Performers
11:41 Changing the Compensation Culture
13:37 Cultural Shift and Conflict Resolution
16:16 Simplifying Implementation with Software
19:26 Valuing Employees and Driving Change
Connect With Michael
Website: https://www.protiv.com
LinkedIn: https://www.linkedin.com/in/michaelfortinberry/
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