They say that money does not bring happiness - but that depends how you spend it. Research shows that allowing people to enjoy ‘experiences’, such as days out and activities, makes them happier than giving them material possessions.
Sales incentive programmes are primarily used to drive sales, reduce sales costs, increase profitability, develop new territories, enhance margins, launch new products, encourage product adoption or boost channel sales.
Reward professionals will no doubt have the CIPD’s annual Reward Risks Survey at the top of their reading pile this week. The findings are not revolutionary – the top risks identified are the same as in previous years – but there has been an interesting shift in priorities over the past 12
Like the current economic climate, the Rewards & Benefits market is rapidly evolving to provide solutions that help businesses attract, retain and most importantly keep employees motivated and engaged during these tough times. At Edenred we want to go that extra mile to help, with that in
At a time when employees are clearly struggling to make ends meet, it would be easy to think that cash incentives are the best way to motivate employees. Recent research, however, suggests that non-cash rewards – such as retail or travel vouchers – are actually more appreciated by staff.
Colin Hodgson, Edenred UK Director of Sales discusses the advantages of prepaid reloadable cards for Incentives & Rewards.
Colin Hodgson, discusses how the customisation of incentives is crucial for call centre staff in order to maximise effectiveness.
Online networking is on the rise, but many businesses are missing the opportunities Web 3.0 presents for staff reward and recognition. As your staff (and likely yourself) increasingly use online communications channels as a daily routine, you have to consider if providing reward programmes online
This week Employee Benefits magazine published their 2011 Benefits Book outlining the latest industry research. Whilst benchmarking research is a vital tool for monitoring trends in the industry, in this case the same research results are repeated year on year, with the same concerns raised and the
This week we have started looking at different types of reward and recognition programmes. We’ve already looked at how to use online tools to show manager and board level appreciation, but let’s not forget peer-to-peer recognition. Whilst managerial recognition and financial rewards are