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A recent study conducted by the Incentive Federation reveals that when it comes to motivating employees, improving performance, boosting morale and hitting business goals, non-cash awards are more effective than plain old bonuses.

1.78: The average improvement, in shots per round, seen in a group of golfers who received individually tailored social support, encouragement and reassurance before competition.

Safety managers often feel their hands are tied by production and scheduling. The important thing to remember is that job sites are simple reflections of any company's real attitude toward safety.

It costs between 2 and 3 times a worker's salary to replace a departing employee, including recruitment, training, lost productivity, and severance costs.

Historically, incentive programs have endured economic downturns.
According to a review of past Incentive Federation and industry studies, the incentive industry managed to grow following the recessions that occurred in the late 1980s, after Sept. 11, 2001, and during the downturn of the late 1990s dot-com collapse.

The fixed cost of incentive programs, unlike other sales and marketing strategies, is 20-30% of the program. The remaining 70-80% is paid only when the programs goals are reached.

Safety programs are not about motivating employees to avoid hurting themselves; the purpose of a well-designed safety incentive is generally to motivate employees to pay a little more attention to the work they are doing and to keep safety at the top of their minds.

The National Business Group on Health recommends the use of incentives in particular as a significant driver for participation in employer-based health and productivity programs.

If we are in safety, we are indeed in sales...we are at the mercy

Intermittent safety efforts are generally ineffective. It is necessary to maintain an almost continual program of keeping personnel alert of safety practices.

The most popular luxury branded merchandise categories according to Incentive Magazine’s third annual Luxury Brands survey of incentive planners: Electronics 53.2%, Crystal 44.5%, Watches 43.6%, Leather Goods 40.9%, Food and Beverage 37.7%, Cameras 36.8%, Jewelry 32.3, Luggage 31.4%, Clocks 27.3%

According to Incentive Magazine’s third annual Luxury Brands survey, 64.1% of respondents reported using luxury items in recognition programs and 63.6% in sales incentive programs.

A recent Watson Wyatt Worldwide study found a strong correlation between internal communications and employee retention and engagement levels.

A recent survey found that more than half of the respondents agree that employees tend to look at cash bonuses as something they are due, rather than as an award for meeting or exceeding goals. According to four out of five respondents travel and merchandise awards are also remembered longer than cash awards.

A study produced by The Society of Incentive & Travel Executives (SITE) Foundation found that 92% of workers surveyed indicated that they achieved their goals because of incentives.

After safety fundamentals are in place, such as a formal safety process, management safety accountability, inspections, etc., safety awareness is key. Safety awareness is like the oil in a car: It makes the parts continue to function at a high level.