FROM THE EDITOR'S DESK
The State of the Incentives & Rewards Industry
There's no doubt that the pandemic has had a dramatic impact on incentives and rewards, with incentive travel in particular feeling the impact. We talked to industry pros about how they're rolling with the changes and what they expect going forward.
The Impact of the Pandemic & Other Trends in Merchandise Incentives
Home goods and other items that enhance life at home have obviously taken off as people have been forced to live their lives surrounded by their own four walls. Find out about these and other trends in merchandise incentives.
Winning With Recreation & Sporting Goods Incentives
Recreation and sporting goods incentives have seen a huge surge in popularity, as more people turn to at-home equipment for having fun and staying healthy.
A recent SHRM survey affirms that employees leave managers not companies, as 84% of U.S. workers say poorly trained manager create stress and unnecessary work. They also emphasized skills managers should develop, including better managing team performance.
A recent study conducted by WorldatWork found that twice the number of companies say that less than 25% of their sales team will reach quota in 2020 compared to 2019, a clear consequence of the pandemic, causing many to reevaluate their performance measures.
How can an incentive company maintain success amidst troubling times?