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, […]
Employee Behavior: Incentives Within Your Own Organization
When it comes to increasing revenue with third-party salesperson incentives, the scope of what you’re trying to do is fairly narrow. In other words, your end goal is singular and straightforward: You want to increase sales of a particular product or range of products, and you need to incentivize a very specific type of personality […]
Employee Rewards vs. Recognition
As a manager, executive, or business owner, you likely have some baseline sense of how you want your department or company to run. You know what needs to happen from day to day, month to month, quarter to quarter. You know what the deliverables are, and who ought to be working on them. And, you […]
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 […]
