Workplace Recognition and Incentive Programs

Capturing Intellectual and Emotional Commitment of Employees

Posted on March 17, 2011 by Motivo Staff in Uncategorized

A new study on the future of incentives and recognition by the Incentive Research Foundation (IRF) underscored the need to capture the intellectual and emotional commitment of employees. It further identified that a key component to accomplishing this is through personalized incentives based on personal performance, skill mastery and innovation. The study found that today’s more highly educated workforce responds better to more non-cash incentives that have been individualized and that celebrate their innovation, creativity and those activities that promote a workplace focused on excellence. "While salary remains the primary pact between employer and employee, this study underscores that personalization of rewards is key to individual effort and motivation,” said Jeff Broudy, chairman of the IRF board of trustees. “Customized non-cash incentive programs based on job code, skills and previous performance...

read more »