Incentives Industry News

Here are some recent reports–straight from the sources. Just pick and click.

Industry News and Bulletins

Some interesting info to share

IRF Releases Academic Review

The Incentive Research Foundation introduces The IRF Quarterly Academic Review, the world’s first journal focused on academic research into incentives, rewards, recognition and motivation in the workplace.

ITA Group Named Great Place to Work

ITA Group, which creates and manages incentives, events and recognition programs, announced it has received the 2018 Great Place to Work certification for its positive workplace culture and commitment to employee wellbeing.

SITE Incentive Summit Educates Leaders

Now in its third year, SITE Incentive Summit Americas (ISA) took place April 5 to 8 at Montage Deer Valley, Park City, Utah. The exclusive, invitation-only event brought 120 incentive travel professionals to Utah for a long weekend filled with education, networking and destination immersion.

PPAI Reports Record Promo Sales

Promotional Products Association International, the world's largest not-for-profit association serving more than 15,000 corporate members of the $23.3 billion promotional products industry, has announced industry sales in 2017 increased by 9.31 percent to a record $23.3 billion, according to the PPAI Sales Volume Survey, an annual estimate of U.S. distributor promotional products sales.

Links Unlimited Adds New Brands

Links Unlimited, a corporate channel supplier and fulfillment organization for many of the best brands in retail, announced several new additions to its brand portfolio.

GC Incentives CEO to Present Case Study

Rick Buer, chief executive officer of GC Incentives, will be speaking at the Flourish Conference on branded currency, to be held April 9-11, 2018, in Chicago.

PPAI Joins Coalition Opposing Tariffs

Promotional Products Association International, the world's largest not-for-profit association serving more than 15,000 corporate members of the $21-plus billion promotional products industry, has joined 44 other associations and trade groups representing a broad coalition of the U.S. business community in a letter to President Trump opposing tariffs that have been proposed as a response to China's role in U.S. intellectual property infringement, as outlined by the Office of the United States Trade Representative (USTR) in its Special 301 Report.

IRF Releases Gift Card Study

The Incentive Research Foundation announced the release of 'A Closer Look at Gift Cards: U.S. Spend, Support, Sourcing, and Services for Gift Card Programs in Corporate Organizations.' Gift cards are the most prevalent award type, with U.S. businesses spending $24 billion on gift cards annually.

Loyalty Expo 2018 Announces Speakers

An energy solutions disruptor, a cruise industry giant, and a nationally recognized media empire. Together, these companies represent the latest set of speakers announced for Loyalty Expo 2018, coming to Orlando, Florida this May.

Engagement Levels Bounce Back to Highs

After a dip last year—the first since 2012—global employee engagement levels jumped back to an all-time high in 2017, according to a new report from Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions.

Rewards Pros Adjust to New Workforce

Millennials, gig workers and employees who are increasingly demanding pay fairness and transparency are posing a new breed of challenges for human resources and total rewards professionals.

Few Prepared for Work Automation

Automation in the workplace, including the use of artificial intelligence (AI) and robotics, is expected to surge in the next three years, according to a survey by Willis Towers Watson, a leading global advisory, broking and solutions company. However, the survey revealed very few companies and HR functions are fully prepared to address the organizational change requirements related to automation as well as less reliance on full-time employees and greater reliance on contingent talent.

What Works for Workplace Wellness

Every organization is unique, and one size typically doesn't fit all for the perfect workplace wellness program. A recent report, however, has found certain initiatives are more popular in successful wellness programs when compared to initiatives offered by programs finding less success. The International Foundation of Employee Benefit Plans discovered two practices that stood out in its latest survey report, A Closer Look: 2018 Workplace Wellness Trends.

Employers Innovate on Health Care

Frustrated by paying for the volume of health services delivered rather than the value received, and by the uncoordinated and fragmented care their workers receive, employers are taking meaningful action to transform the health care system. This is the message of Leading the Way: Employer Innovations in Health Coverage, a new report from the American Benefits Council and Mercer.

Incentive Concepts Adds Event Gifting

Employee incentives and recognition should leave a lasting impression, and bringing those incentives to your team should be a seamless process. These principles have always been the foundation of our Event Experiences. Starting March 1, Event Experiences will become Event Gifting by Incentive Concepts.

Bond Names Chomik VP, Technology

Bond Brand Loyalty, a leading customer engagement agency, announced that Jason Chomik has joined Bond as Vice President of Technology.

With New Tax Law, Look to Gift Cards

With the new Tax Cuts and Jobs Act now enacted, companies are beginning to use at least some of the benefits that are accruing from a lower tax rate in the form of wage increases and bonuses to employees.

IRF Announces New Trends Study

The Incentive Research Foundation announced the release of its signature study, The IRF 2018 Trends Study. The study highlights ten key trends that will affect organizations, their products and services, and the workforce in 2018.

IRF Releases 2018 Research Schedule

The Incentive Research Foundation (IRF) announced its full schedule of monthly research releases and educational programming for 2018. The IRF's research on non-cash rewards, incentive travel, motivational meetings and recognition is focused on helping businesses develop effective motivational and performance improvement strategies.

Next Level Wins SITE Crystal Award

Next Level Performance of New Brunswick, N.J., was honored for creating the 2017 Most Effective Incentive Marketing Campaign for their client Mercury Insurance, by the Society for Incentive Travel Excellence (SITE).

Rymax Social Media Campaign Gives Thanks

Rymax Marketing Services, Inc., the number one supplier of incentive marketing solutions, announced its upcoming social media campaign, #GiveThanks, which launches Cyber Monday.

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