Latest Industry News - December 2021
Give the Gift of Health with New Wellness-Themed Events
November 9, 2021
Event Gifting by Incentive Concepts serves as a bold and dynamic way to reward top performers, customers, and business partners. Each brand-centered experience ensures that the way a gift is given is just as memorable as the gift itself. Our newest wellness-themed events are no exception, placing the focus on attendees' health and offering them an array of innovative incentives that are sure to impress. Hyperice products create event experiences they won't forget. Read more
Give the Gift of Health with new Wellness-Themed Events, Incentive Concepts. https://www.incentiveconcepts.com/give-the-gift-of-health-with-new-wellness-themed-events/ (last visited, December 13, 2021)
Keeping Teams Connected in the Midst of Zoom Fatigue
November 12, 2021
Employees need connection now more than ever. The effects of remote work and social distancing are taking a toll on workers. During Covid-19, burnout has increased 15% and engagement has decreased 11% according to the O.C. Tanner Institute's 2021 Global Culture Report. Virtual happy hours and Zoom birthday celebrations can only go so far. With remote work a reality for the near future, the world struggling with Zoom fatigue. how can companies keep their people connected while everyone is apart? Read more
Keeping Teams Connected in the Midst of Zoom Fatigue, O.C. Tanner. https://www.octanner.com/insights/articles/2021/1/13/keeping_teams_connec.html# (last visited, December 13, 2021)
How to Increase Sales with Self-Selected Incentive Programs
November 14, 2021
It's no secret that offering incentives to increase sales is a time-tested, effective marketing tactic. That's why so many companies offer both employees and customers incentives to boost their sales, and why so many people are interested in learning about how to increase sales with incentive programs. Read more
How to Increase Sales with Self-Selected Incentive Programs, Incentive Marketing Association https://www.incentivemarketing.org/IESP/Blog/2021/How-to-Increase-Sales-with-Self-Selected-Incentive-Programs.aspx (last visited, December 13, 2021)
Academic Research in Action: The Psychology of Points Reward Programs
November 17, 2021
Through much of 2021, the IRF and researchers from the University of Waterlook and the University of Central Florida collected data and conducted interviews in an exploration of the psychology behind employee points-based reward programs. These programs have proliferated inside organizations almost in tandem with their popularity in the consumer space. Read more
Academic Research in Action: The Psychology of Points Reward Programs, Incentive Research Foundation https://theirf.org/research/academic-research-in-action-the-psychology-of-points-reward-programs/3232/ (last visited, December 13, 2021)
Top Tips for Adding CSR Activities to Incentive Travel Programs
November 19, 2021
Earlier this year, we organized our first international group travel program since the pandemic began. Beyond navigating the pandemic-related logistics if international travel, there was something else that made this trip special for us: We invited the 300 attendees to participate in a corporate social responsibility activity, organized in partnership with a local food bank. Read more
Top Tips for Adding CSR Activities to Incentive Travel Programs, Northstar Meetings Group https://www.northstarmeetingsgroup.com/Incentive/Travel/Top-Tips-for-CSR-Activies-Incentive-Group-Travel (last visited, December 13, 2021)
Linking Employee Recognition to Measurable Business Results
November 29, 2021
There is a powerful link between recognition and engagement, Simply by recognizing and acknowledging employees for their work, companies can generate a strong emotional committment to their organization. Recognition can make employees feel valued and, as a result, contribute to great employee experiences. Read more
Linking Employee Recognition to Measurable Business Results, BI Worldwide https://www.biworldwide.com/research-materials/blog/linking-employee-recognition-to-measurable-business-results/ (last visited, December 13, 2021)
Companies Can Survive The Great Resignation, If They Plan Now
December 9, 2021
Business owners are likely tired of hearing about The Great Resignation, but it isn't going away, rather, it is gaining momentum. The U.S. Department of Labor reports these jaw-dropping statistics: three percent of the total U.S. workforce left their jobs in September; as of November 5, there were a record 11.2 million job openings in the U.S.. Read more
Linking Employee Recognition to Measurable Business Results, BI Worldwide https://pubs.ppai.org/ppb-newslink/companies-can-survive-the-great-resignation-if-they-plan-now/ (last visited, December 13, 2021)