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Crafting engaging experiences as an individual leader can be challenging. Designing the right experience requires intentional planning from concept and inspiration to execution and delivery. Here are five experiential rewards that consistently earn five-star ratings from top performers.
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A 2022 working paper (1) published by the Incentive Research Foundation, serves as a reminder on the importance of incentive design and motivating employees using a variety of non-cash rewards, as it often creates more emotional excitement compared to cash.
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We all want to make sure we use our rewards budget as effectively as possible. Organisations want to ensure the budgets are producing the right behaviours in the most efficient way.
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With rising food prices and spiralling fuel costs, many employees are starting to feel the financial pinch. How can you keep staff motivated with the right rewards during a cost of living crisis and high inflation?
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With more ways to reward sales performance than ever, which reigns supreme? Are merchandise incentives effective motivators or will cash always remain king?
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Most people have heard about the Christine Holgate saga involving Australia Post and the Australia Government. The discussions have mainly been around the way she was treated by the Australia Post board and the Government, and whether she deserved an apology.
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At BI WORLDWIDE, we recognise the importance of inspiring dreams through extrinsic rewards – including travel and experiences. While our world stood still this past year, people never stopped dreaming. And dreamers are motivated.