About Incentives
ROI for Incentive and Rewards Programs
It doesn’t matter what aspect of your business or organization you’re talking about. Whether it’s sales, customer service, product development, or any other aspect of your company, one question takes precedence over all others: What’s the ROI? If you’re a C-level executive or business owner, you want to know exactly how the decisions you’re making are impacting your bottom line. As a departmental manager, [...]
Incentives, Rebates, Rewards and Economics
Inventor and entrepreneur Elon Musk was born unceremoniously in South Africa in 1971. A precocious child, at the age of only 17 he decided to move to Canada and study at Queen’s University. A few years later, he transferred to the University of Pennsylvania with an ambitious dual-study path of economics and physics. Soon after, he pursued a Ph.D. at Stanford in applied physics, [...]
Incentives and Rewards as Behavior Modification
Incentives are at the core of our economic lives. Consider also that modern day humans are increasingly preoccupied with money, work, and the economy—whether it’s the desire to save money here, earn more money there, make the right purchasing choice, choose the right investment, or whatever else. So it’s easy to see just how important incentives are for you and your organization. First, it’s [...]
Incentive and Rewards Program Training
As the old saying goes: “Good help is hard to find.” But when we say, “good help,” what exactly are we talking about? As it turns out, there are a couple of things that make for an ideal employee or channel partner. First, a good employee or channel partner understands your brand —and identifies with it. As a member of your organization, this person [...]
Employee Incentive Rewards Vs. Recognition Awards
If you’re reading this article, you’re probably in some sort of a leadership role at your company or organization. Maybe you’re a small business owner, or a C-level executive. Maybe you’re a department head or a sales manager. Regardless of the specifics, there’s one thing that holds true across the board: Managers, executives, and business owners all have a pretty good sense of how [...]