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Here is news from throughout the world of rewards recognition, including research, company news, mergers and acquistitions, etc.

Pilgrim Promotions: A Source for Brands and Expertise

Published: Aug 15, 2022

Celebrating its 50th anniversary as a family-owned business, the principals of the Great Neck, NY-based Pilgrim Promotions incentive representative firm say its key role is to help clients identify precisely the right brands and stories for its clients in what they believe is a prosperous Incentive, Rewards, and Recognitions (IRR) marketplace. ... [ read more ]

IFI 2022 Study Pegs IRR Industry at $176 Billion

Published: Jul 18, 2022

The preliminary results are in from the 2022 Incentive Federation Inc. (IFI) Research Study: industry sales totaled $176 billion in 2021, a 49% increase since the last study was published six years ago in 2016. Reflecting the importance of experiential rewards, this category was added to the study for the first time. ... [ read more ]

Academic Paper Finds That Human Capital Reporting Can Affect Stock Prices

Published: Jul 10, 2022

The recently published academic study, Regulated Human Capital Disclosures, published in SSRN, comes to a surprising conclusion. Human Capital disclosures of public companies can have a material impact on short-term share prices, sometimes known as “earnings surprises.” However, the impact is only noticeable in industries in which people are considered material to financial results, and that the companies most likely to disclose more information on human capital have higher levels of institutional investor ownership. ... [ read more ]

Individual Travel Tops List of Participant Preferences in IRF Survey

Published: Jul 8, 2022

The latest 2022 Incentive Research Foundation Destination Preference Study surveying 405 US salespeople correlated with Cvent and 3D Cruise Partners booking data finds that incentive travel is in higher demand than ever and that organizations appear to be generally selecting destinations in line with participant desires. Individual travel is almost universally coveted.... [ read more ]

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