Looking for recognition ideas that get results?
The most common characteristics of high-ROI recognition programs — regardless of their monentary value — are their spontaneity and perceived value by employees themselves.
In reality, the cost of some of most effective spot awards and bonuses often amount to less than 1% of base pay — and the awards don’t even have to be given in cash.
Less sense of entitlement
1. Creativity is crucial
2. Make it personal
3. Add structure
Read the full article by Bill Meltzer:
Three keys to successful recognition programs
Gift giving is an opportunity to say Thank You! Businesses can benefit from giving gifts, whether it is recognition for a job well done, a referral, sales incentive, customer retention, loyalty program or acknowledging an occasion. At The Closing Touch we realize that each touch with a customer or employee creates word of mouth advertising.
Showing posts with label employee. Show all posts
Showing posts with label employee. Show all posts
Tuesday, July 28, 2009
Thursday, June 18, 2009
The Corporate Gift Giving Survey Results
Our pre-launch Gift Giving Survey asked a series of questions for both Corporate and Personal Gifting habits. These are the results for the Corporate portion of our Survey:

Here are the questions we asked:
I/We use Gifts as a reward for Referrals?
I/We have an Employee Incentive plan?
I/We use Gifts as part of a Customer Retention Program?
I/We have an annual budget for Gifts & Incentives
I/We spend more than 1 hour a month shopping for Coporate Gifts?
I/We have made purchases online?
Thank you to all the participants. We look forward to being able to assist you with your Corporate Reward and Incentives plans at http://www.theclosingtouch.com/
Here are the questions we asked:
I/We use Gifts as a reward for Referrals?
I/We have an Employee Incentive plan?
I/We use Gifts as part of a Customer Retention Program?
I/We have an annual budget for Gifts & Incentives
I/We spend more than 1 hour a month shopping for Coporate Gifts?
I/We have made purchases online?
Thank you to all the participants. We look forward to being able to assist you with your Corporate Reward and Incentives plans at http://www.theclosingtouch.com/
Labels:
Customer Retention,
employee,
gifts,
incentives,
referrals,
rewards
Tuesday, June 2, 2009
Employee Incentives motivate Wellness Programs
Many Employers are realizing the benefits of Wellness Programs to reduce their Health Benefits costs. Employee Incentives can increase participation in these Programs.
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