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    Do people value cash differently based on its usage?

    Posted by Brian Galonek on 04.14.2022

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    April2022-blog1

    Mental Accounting Theory: How Cash is Valued

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    Topics: Engage Motivate Reward, Non-cash Rewards, loyalty and reward programs, Safety Reward and Recognition Programs, tangible rewards

    Unleashing Employee Potential: Opportunity Marketplaces

    Posted by Brian Galonek on 01.26.2022

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    Topics: Employee Motivation, Non-cash Rewards, loyalty and reward programs, Motivating Employees, tangible rewards

    Are Cash Awards the Best Motivator for Recognition?

    Posted by Tara Smith on 01.19.2022

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    Topics: Employee Motivation, Non-cash Rewards, loyalty and reward programs, Motivating Employees, tangible rewards

    why not use cash to reward employees?

    Posted by Brian Galonek on 10.08.2019

    WhyNoCash

    Attracting and retaining key talent has always been a top concern for business leaders and it is especially so in these days of historically low unemployment. Without accurate intelligence, business leaders are tempted to throw cash at the retention problem. Cash is King, right? So why not use cash to reward employees? Because research shows that tangible rewards are far more effective than cash.

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    Topics: Employee Reward Programs, Non-cash Rewards, employee engagement, Employee Incentive Program, improve employee engagement, Incentives for Employees, Motivating Employees, tangible rewards, lower turnover

    Are you familiar with U.S. Federal Regulations on Non-cash Rewards?

    Posted by Brian Galonek on 08.12.2019

    non-cash rewards programs

    The Incentive Research Foundation has recently completed a study on U.S. Federal Regulations on non-cash rewards. According to those surveyed, 70% are “extremely” or “very” knowledgeable about the tax and other regulations regarding non-cash rewards. That same percentage reports that they are proactive in their approach to program design - and change the design frequently in order to comply with regulations.

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    Topics: Non-cash Rewards, Incentive Programs, Reward and Recognition Programs

    Casinos: Build an Emotional Connection with your Players

    Posted by Ed Jr. on 09.07.2017

    “If you build it, they will come….”  Not so true today in the Casino industry. Casino operators are becoming more and more customer centric, investing heavily in customer loyalty programs in an effort to strengthen their relationship with players. Personalizing the experience will help to build an emotional connection with your players to keep them coming back and spending more.

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    Topics: Gaming, Non-cash Rewards, Blog, Customer experience, customer loyalty, Customer Loyalty Programs, customer relationships, emotional engagement, Holiday Gift Promotions, Holiday Shopping Event, incentives and rewards, loyalty and reward programs, merchandise rewards, positive gaming experience

    Did you know?

    Posted by heidi on 11.18.2013

    According to the Incentive Federation Inc.'s 2013 Market Study 74% of U.S. businesses use non-cash rewards to recognize and reward key audiences in the form of incentive travel, merchandise, or gift cards.

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    Topics: Non-cash Rewards, Blog, Incentive Travel, Merchandise, Recognize and Reward

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