Showing posts with label drive roi. Show all posts
Showing posts with label drive roi. Show all posts

Wednesday, 28 October 2015

Research on How Online Reward Programs Impact Teams



1. Incentive Salience and Improved Performance

Early work by Kahneman and Tversky (1973) studied what was called an availability bias. Their research showed that when people estimate the likelihood of an occurrence they use a short-cut (heuristic), using how easy instances of an event are to recall as a proxy for likelihood. In this research they also showed that vivid items and events were more available, that is, likely to be stored in and retrieved from memory, than more pallid items and events. 

2. The State of Tangible Incentive Research: the Use of Tangible Incentives

In “Recognizing Good Attendance: A Longitudinal, Quasi-Experimental Field Study” (Markham, Scott & McKee 2002) the authors documented how personal recognition and the use of premiums reduced absenteeism among four cut-and-sew garment factories in each of four quarters measured. Reductions ranged from 29% to 52% each quarter for reward recipients, with reductions not found in control groups.

3. Survey: Noncash Rewards Boost Performance and Morale


  •   For employees that already participate in company-driven incentive programs, participants say the programs have made them:

  • While incentive programs are often tailored to the needs of individual organizations, there are common elements and best practices that contribute to success.

  • Incentive program participants’ top three recommendations for improving their companies’ incentive programs were: 

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Incentive Solutions

2299 Perimeter Park Drive
Suite 150
Atlanta, GA 30341
Incentive Solutions

Saturday, 17 October 2015

Benefit from our incentive travel and event management experience.

Leverage our extensive network of travel agent, cruise line and hotel partners.

Elite group travel is considered the ultimate motivator and can drive powerful performances among sales teams and sales channel partners, delivering significant returns on program investment. It’s the perfect business incentive!

Our knowledgeable team of travel and program administration experts will work with you directly to deliver all of the cultural, financial and logistical services and support necessary to create a memorable corporate travel incentive—including meticulous program design, planning and budgeting. Our people are the among the best in the industry and know how to manage all the important contractual details for hotel, group airfare and transportation, then offer proven methods for effective event management, itinerary planning, promotional communications, on-site operations and logistics management, as well as post-trip program effectiveness measurement.

4306645_Cruise-ship-on-the-Seine-river.png(v2)Our specialized approach to travel planning is leaps and bounds ahead of traditional incentive travel planner methods. We give you the flexibility to choose all of the time and cost savings services you need without incurring extra expense. What a luxury! We are an experienced team with deep understanding of the incentive travel business.

Deep incentive travel industry experience. Long-lasting partnerships with the world’s leading travel partners. Our vast industry experience means you benefit from our long-lasting partnerships with some of the world’s most popular travel vendors. These relationships give us preferred rates, benefits and concessions, which affords you access to some of the best travel deals for your next group travel incentive program.

To receive more information on our reward program options, schedule a tour of the entire collection of rewards, or see a demo of the online rewards technology platform, please call 1.866.567.7432 or send us a message.

Tuesday, 6 October 2015

Drive ROI & Boost Sales for Your Business by Making Your Incentive Program Stronger

Drive ROI & Boost Sales for Your Business by Making Your Incentive Program Stronger


CEO Steve Damerow – Learn How to Drive ROI & Boost Sales for Your Business by Making Your Incentive Program Stronger from The ISI Group on Vimeo.

How can your incentive program become more successful? Incentive Solutions CEO, Steve Damerow, highlights several key factors that contribute to the
 overall success of your incentive program. Put your money to work and drive ROI with an online rewards program by Incentive Solutions today.

Category : drive roi , Incentive Program , Incentive Solutions
Tags: boost sales, incentive program, incentive solutions, ROI, Steve Damerow