The Incentive Research Foundation (IRF) recently published their Trends report for 2020. The trends in incentive, rewards & recognition programs for 2020 include:
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Topics: Brand Name Merchandise, employee engagement, improve employee engagement, program branding, Reward Employees
Artificial intelligence (AI) has made many business processes and initiatives easier. From chatbots that improve customer service to programs that help to analyze data better and faster, artificial intelligence technology is changing our business landscape.
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Topics: employee incentive programs, Employee Reward and Recognition Programs, Employee Reward Programs, Artificial Intelligence, employee engagement, improve employee engagement
Sounds easy enough, right? Any time you hear that a company tried an incentive program and “it didn’t work”, it’s likely that the company managers tried to design the program on their own. Designing effective employee reward & incentive programs is not as easy as it sounds.
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Topics: employee incentive programs, Employee Reward Programs, employee engagement, incentive and recognition programs, Incentive Reward, Reward Employees
Companies with defined incentive, reward and recognition programs enjoy a higher market share, lower turnover rates, a more highly engaged workforce, higher productivity and a host of additional benefits, so it makes sense that an increasing number of companies are turning to these programs. But very few company leaders know which reward vehicles work best, understand the legal tax and regulatory issues involved, or employ staff with relevant experience to properly design programs. Yet, despite this, many still attempt to do so using in-house resources.
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Topics: Employee Motivation, Employee Recognition, Employee Recognition Programs, Employee Reward and Recognition Programs, employee engagement, Employee Happiness, Employee Incentive Program, Reward Employees
An article entitled Five Secrets to Motivate and Retain Employees was recently published by ThriveGlobal. The author is a career coach…but notably, not an incentive professional or specialist in the reward and recognition field.
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Topics: employee incentive programs, Employee Motivation, Employee Performance, Employee Reward and Recognition Programs, Employee Appreciation, Motivating Employees
The Incentive Research Foundation (IRF) has completed their survey of incentive buyers, suppliers and professionals in the industry to provide their merchandise outlook for 2020. Some key points follow:
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Topics: Brand Name Merchandise, merchandise rewards, Reward and Recognition Programs, Rewards Programs, tangible rewards
What is the perfect reward for employee recognition programs that target performance in areas like safety, wellness, customer service and training? Let’s start by defining what we mean by “perfect.” The “perfect” award would be one that is both highly desired by the award recipient and one that will easily be remembered by that recipient for a long time to come. Without that in mind, let’s first consider what award structures do not work (and yet are still commonly used):
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Topics: Employee Reward and Recognition Programs, Employee Reward Programs, Employee Appreciation, employee engagement, Employee Incentive Program, Reward Employees
February 7, 2020 is the compliance date for entry level driver training (ELDT) regulation changes for new drivers. The Federal Motor Carrier Safety Administration (FMCSA) has amended the regulations, adopting a new Class A Commercial Driver’s License. This includes a theory instruction upgrade curriculum that reduces training time and costs currently incurred by upgrading a Class B commercial driver’s license (CDL) to a Class A CDL.
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Topics: Safety Reward and Recognition Programs, Safety Rewards, Workplace Safety, Driver Safety, National Safety Month, Safe Driver Training