|
Cash Loses, Merchandise and Travel Win Big
Basic incentive programs involve either merchandise or travel-related awards. The 1999 study sponsored by The Incentive Federation estimates that American businesses spent $27 billion on merchandise and travel for motivational use. Another type of incentive is cash. However, cash as a motivator is an unemotional award...More
ROI Incentive Programs: Driving People, Driving Profits
Brian O'Hare will be the first to admit his impression of incentive programs was not a positive one. "I used to think incentives were about going to an island and having a party, and my company didn't need that. I didn't take incentives very seriously at all," says O'Hare, managing partner for Perspectiva, an architectural engineering firm headquartered in El Paso, New Mexico. But that perception quickly changed after The Business Group, Inc., a Rocklin, California-based incentive marketing company introduced O'Hare to the concept of Return on Investment (ROI) incentive programs....More
10 Steps to an Effective ROI Incentive Program
While each ROI incentive program is unique, there are planning and implementation steps common to all. The following were gleaned from interviews with industry experts, as well as from ROI Incentive Marketing, published by The Business Group, Inc....More
|