Here is news from throughout the world of rewards recognition, including research, company news, mergers and acquistitions, etc.
As recognition becomes another feature inside major HR systems, dedicated recognition companies face a fundamental question. If the technology becomes increasingly interchangeable, what value do they provide beyond the button on the screen?... [ read more ]
Gift cards became a dominant incentive reward starting in the 2000s in part because old merchandise catalogs could not deliver a modern shopping experience. Real-time catalog APIs, wholesale merchandise economics, and renewed interest in memorable rewards are changing that equation, creating a challenge—and an opportunity—for the gift card industry.... [ read more ]
Next Level Performance celebrates its 50th anniversary through an expanded community-service initiative, while Madison Global, itself more than 50 years old, adds experienced incentive industry marketer Agnes O’Connell to help drive its next stage of growth.... [ read more ]
An Incentive Research Foundation study finds that effective reward and recognition strategies for hybrid and remote employees must go well beyond merchandise or cash to address autonomy, meaningful work, growth, manager appreciation, communications and connection.... [ read more ]
An Achievers-sponsored Harvard Business Review Analytic Services study finds that organizations with the most effective recognition programs are far more likely to connect recognition to specific behaviors and report improvements in productivity, collaboration, customer experience, and financial performance.... [ read more ]
Leading ratings provide useful information about customer satisfaction, market position and technology capabilities. What they generally do not establish is whether a recognition provider measurably creates financial or operational value for its clients—or whether achieving a high rating actually produces measurable commercial value for the provider.... [ read more ]
The longtime gift card, incentives, rewards and recognition executive and former Inceor died Aug. 9 at age 55. A GoFundMe has been established to help his family.... [ read more ]
An RRN review of companies identified with payments, prepaid products and gift cards finds several distinct business models, considerable overlap in their messaging, and little emphasis on measuring whether the programs they support improve business results.... [ read more ]
The Society for Incentive Travel Excellence adds specialized certifications focused on psychology, risk and wellness; Reward Gateway | Edenred promotes James Holman to lead enterprise merchant partnerships; Madison Recognition names industry veteran Steven Trompeter Senior Vice President of Sales; and CharityChoice provides a way for people to turn unused physical and digital gift cards into charitable donations.... [ read more ]
New Incentive Research Foundation research suggests that the value of incentive travel is increasingly tied to exclusive, locally immersive experiences participants could not easily obtain on their own.... [ read more ]
