incentives and rewards Archives - Page 5 of 5

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Article

Financial vs non-financial incentives

What is the best way to incentivise high performance from your workforce? Is it always cash, or are non-financial rewards the secret to achieving your overall business goals?

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Article

4 ways to monetise the behaviours of your customer lifecycle

If your loyalty programme is unique and has created differentiation in the marketplace, you already know which behaviours will motivate your customers. Here are 4 ways to monetise those actions at the programme and individual-behaviour levels of your customer lifecycle.

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Article

Four ways to use people’s own biases to change behaviour and increase performance

Whilst critical, training is the most high-effort, high-risk way to attempt to affect a person’s ability, you need to be really sure it’s what’s required. What if there was a simpler way?

A person is giving a presentation in a bright conference room with large windows, aiming to channel engagement. Several people are seated at a table, attentively listening as the presenter gestures with one hand while speaking.

Webinar

Future of channel incentives 2022

Channel operations are in a state of radical evolution. Inspiring and retaining capable, focused channel teams means meeting them on their terms: streamline their day-to-day, build relevant skills and unify a cohesive culture of recognition. In this webinar, Jon Kraus lays out the future of channel engagement.

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Article

How can you keep staff motivated with your rewards system during a cost of living crisis?

With rising food prices and spiralling fuel costs, many employees are starting to feel the financial pinch. How can you keep staff motivated with your rewards system during a cost of living crisis?

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Case Study

Vivid experience and recognition

How can businesses balance remote working, casual collisions, and serendipitous meetings? A first account story of how the power of serendipity, reconsumption theory, and the beauty of experience can collide to create powerful motivational moments and how your business can learn to do the same.

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Article

Ensure your reward strategy remains globally equitable in a cost of living crisis?

With the cost of living crisis impacting nations differently across the world, how do you continue to ensure your reward strategy remains globally equitable?

A luxury Mauritius oasis awaits, with a serene outdoor pool surrounded by palm trees and lounge chairs under umbrellas. In the background, tropical plants and quaint wooden-roofed cabins set the stage for an exclusive event for a global analytics company. Pebble-bordered pool and wooden deck complete this idyllic escape.

Case Study

Mauritius 5-day Recognition Case Study

BI WORLDWIDE was tasked with designing a luxurious and relaxing experience that reflected the efforts of the highest achievers and provided lifelong memories, especially with some attendees having waited patiently for two years to receive their reward.

A small green plant emerges from a glass jar brimming with coins, set against a textured blue-gray backdrop. The image conveys that growth and investment lead to true financial prosperity, suggesting that cash is not the best reward.

Webinar

Is cash king?

With more ways to reward sales performance than ever, which reigns supreme? Are merchandise incentives effective motivators or will cash always remain king? While our instincts lean toward offering money to reward behaviour, human psychology may prove otherwise. Join us to hear George John, Ph.D, General Mills/Paul S. Gerot Chair and Professor of Marketing at the University of Minnesota’s Carlson School of Management, outline the benefits of offering more than just cash rewards in your sales incentive programmes.

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Article

How cultural difference around age affects reward strategy

Ensuring your rewards strategy is inclusive of age and cultural understanding is the only way to ensure international inclusivity. Ensure your reward strategy is adaptable across countries and remains inclusive.