Incentives

Incentives

The Cost of Motivation

In today's difficult corporate environment, a crucial question lingers: how to boost employee productivity and morale without hemorrhaging cash? Properly designed, incentive travel can be a potent tool, dangling the allure of exotic locales and unforgettable experiences to drive results.

Incentives

IRF Study Explores AI Opportunities For Incentives

The Incentive Research Foundation (IRF) has released a study to help incentive professionals understand the capabilities, explore the possibilities, and find out how the industry is currently using artificial intelligence. Providing an overview of how industry professionals are using AI, the study suggests first steps with the technology and provides use cases that can enable current users to further harness the power of AI.

Incentives

How to Build Budgets for Incentive and Recognition Programs

Incentive awards and recognition programs are separate strategies with different goals. They require separate budgets. Here is a primer for both.

Incentives

SITE Crystal Award Case Study: Most Socially Responsible Incentive

The annual awards program run by SITE (Society for Incentive Travel Excellence) recognizes outstanding incentive programs in a variety of geographic and solution-driven categories. In the category of "Most Impactful Effort Toward Corporate Social Responsibility as Part of an Incentive Travel Program," Next Level Performance was tasked by their client, a financial services technology provider, with creating an employee volunteer activity during a March 2023 President’s Club trip to the Bahamas.

Incentives

SITE Crystal Award Case Study: The Power of Experience

The Portugal Travel Team crafted a world-class incentive travel experience for their Canadian wealth management client by presenting attendees with top- level, personalized experiences at every step. This program marked a significant change for Portugal Travel Team’s client, with the client opting to plan and execute their prestigious Chairman’s Council program in-house for the first time.

Incentives

Dining In is “In”

According to the most recent Incentive Travel Index, incentive planners are seeing programs changing toward more on-site meals and activities, as well as events to convene a dispersed workforce. Many agree there was a shift toward programs with more on-site meals and activities in 2023 (52%) compared to 37% in 2022.

Incentives

And The Award Goes To…

Think you can’t reward your incentive qualifiers as if they were Hollywood movie stars? Think again. Not all the items in the “Everyone Wins” gift bag the top stars get for showing up at the Oscars cost big bucks.

Incentives

Gooooooaaal!

Marriott Bonvoy and SpringHill Suites by Marriott announced a multiyear agreement with the U.S. Soccer Federation. With exclusivity in the hotel lodging, accommodations, and hotel loyalty category, this strategic relationship unlocks new benefits for fans and creates unforgettable experiences around a variety of U.S. Soccer events, including U.S. Men’s and Women’s National Team matches, SheBelieves Cup, SheBelieves Summit, and the Lamar Hunt U.S. Open Cup.

Incentives

New Tool for Measuring Performance

Software measures the impact of HR, marketing, and other engagement efforts Incentive managers and consultants in sales, customer service, and other areas involved with people engagement no longer need guess about the impact of their efforts. The People Value Impact Calculator (PVIC) from New York-based Enterprise Engagement Alliance and Minnesota-based compensation firm TM Evolution makes […]

Incentives

City Lights

A new SITE e-Book explores the benefits of urban incentives Choosing between a city destination and a resort area for an incentive program can definitely be a tough decision for incentive planners. Each has its pros and cons. On the one hand, a city incentive offers culture and history, diverse cuisine, vibrant night life and […]