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Latest Industry News - February 2022

Updated: Feb 15



Industry Outlook for 2022: Merchandise, Gift Cards and Event Gifting

January 5, 2022


While there are quite a few encouraging signs for the incentives industry in 2022, there is a lingering pessimism among some that may be the result of unfulfilled expectations in 2021. According to several key metrics, the outlook is optimistic. In both North America and Europe, 78% of respondents reported that they expect their company to have strong financial performance in 2022. Read more


Industry Outlook for 2022: Merchandise, Gift Cards and Event Gifting, Incentive Research Foundation https://theirf.org/research/industry-outlook-for-2022-merchandise-gift-cards-and-event-gifting/3238/ (last visited, February 2, 2022)




CES 2022 Welcomed More Than 40,000 Attendees to Las Vegas

January 10, 2022


CES returned to Las Vegas last week, welcoming well over 40,000 in-person attendees in-person, including 1,800 members of the global media. The show had plenty of participants from around the world, with 30 percent representing 119 countries traveling in from outside the United States. A concurrent digital version of the event was available to all who couldn't travel to attend in person, and the online content will remain available to attendees through the end of the month. Read more


CES 2022 Welcomed More Than 40,000 Attendees to Las Vegas, Northstar Meetings Group https://www.northstarmeetingsgroup.com/News/Conventions/CES-tech-gadget-trade-show-Las-Vegas (last visited, February 2, 2022)




Three Ways to Ritualize Recognition Programs to Boost Employee Morale and Engagement

January 12, 2022


When employees feel appreciated, they’re more engaged with their jobs — in fact, they are up to 2.7 times more likely to be highly engaged according to research from Quantum Workplace. Furthermore, they found, “Organizations with formal recognition programs have 31% less voluntary turnover than organizations that don’t have any programs at all. And they’re 12x more likely to have strong business outcomes.” How recognition is bestowed matters. Read more


Three Ways to Ritualize Recognition Programs to Boost Employee Morale and Engagement, Forbes Business Council https://www.forbes.com/sites/forbesbusinesscouncil/2022/01/12/three-ways-to-ritualize-recognition-programs-to-boost-employee-morale-and-engagement/?sh=51514be88ece (last visited, February 2, 2022)




Make Your Employees' 2022 Unforgettable with Event Gifting by Incentive Concepts

January 13, 2022


Many experts have referred to 2022 as the year of workplace culture and this applies to event experiences. Among expected business trends, employers will place an increased focus on connection, flexibility, professional development, and, of course, employee recognition. At a time when some teams are office-based, some are remote, and others are a hybrid of the two, recognition is one of the strongest ways to drive productivity and retention. And the more personalized the recognition, the better. Read more


Make Your Employees' 2022 Unforgettable with Event Gifting by Incentive Concepts, Incentive Concepts. https://www.incentiveconcepts.com/make-employees-2022-unforgettable-with-event-gifting/ (last visited, February 2, 2022)




Slow Down the Great Resignation with Appreciation

January 14, 2022


Research shows employees will stay longer at their organizations and do great work when they feel valued, appreciated, and connected. When they know they are making a difference. When they feel they matter. And right now is a critical time for companies to show appreciation to employees and recognize their efforts and accomplishments, before employees feel disconnected and start looking elsewhere. Read more


Slow Down the Great Resignation with Appreciation, OC Tanner https://www.octanner.com/insights/articles/2021/11/3/slow_down_the_great_.html (last visited, February 2, 2022)





Logoed Gifts Make a Lasting Impression on Employees and Customers

January 22, 2022


Thoughtful gifts are an essential part of any corporate rewards strategy to deepen connections, drive productivity, and make recipients feel appreciated. But to make an even stronger impression, logoed gifts are the perfect alternative. At Incentive Concepts, we know the power of branded gifts, and our catalog includes a deep assortment of premium products that can easily be decorated with your brand’s logo, colors, text, or other assets. Read more


Logoed Gifts Make a Lasting Impression on Employees and Customers, Incentive Concepts. https://www.incentiveconcepts.com/logoed-gifts-make-lasting-impression/ (last visited, February 2, 2022)





How the PPAI Expo Moved the Industry Forward

January 27, 2022


After a one-year hiatus, The PPAI Expo returned in-person to the Mandalay Bay Convention Center in Las Vegas this month. Running Jan. 10-13, The PPAI Expo 2022 delivered the networking, education and business opportunities the longest-running and premier promotional products trade show is known for. Read more


How the PPAI Expo Moved the Industry Forward, PPAI Media https://pubs.ppai.org/ppb-newslink/how-the-ppai-expo-moved-the-industry-forward/ (last visited, February 2, 2022)





Using eNPS to Measure and Improve Employee Recognition

February 1, 2022


As employers, we rely on many different aspects of work to engage and retain our current employees, as well as build a culture that will be attractive to prospective candidates. We refer to this as our employee value proposition, or what we offer to employees in exchange for their time, talent and commitment. Read more


Using eNPS to Measure and Improve Employee Recognition, Bi Worldwide https://www.biworldwide.com/research-materials/blog/using-enps-to-measure-and-improve-employee-recognition/ (last visited, February 2, 2022)





Industry Reaction: Corporate Gifting Market May Be Much Larger Than Previously Known

February 10, 2022


Naturally, promotional products distributors and suppliers specializing in corporate gifts are excited to hear the updated estimates, and say the new numbers are reflective of the uptick in business they’ve experienced since many office workers began to perform their duties remotely starting in the initial quarantine period, leaving their employers seeking ways to keep them feeling engaged and appreciated. Read more


Industry Reaction: Corporate Gifting Market May Be Much Larger Than Previously Known, PPAI Media https://pubs.ppai.org/ppb-newslink/industry-reaction-corporate-gifting-market-may-be-much-larger-than-previously-known/ (last visited, February 15, 2022)

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