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Yes, is the unanimous answer of executives at a diverse group of companies in the field. Almost no one outside the world's largest companies that use incentive or recognition companies are aware that there is a formal field estimated to have sales of close of over $90 billion annually or formal practices related to process design and return-on-investment measurement. The big question is: what to do about it. ... [ read more ]

Partners for Incentives has focused on selling its incentive and recognition services, rewards, and technologies for over 40 of its 70 years through promotional distributors, so RRN checked in to find out the company's perspective on the role this channel is playing in the field today and the overall state of the IRR (Incentive, Rewards, and Recognition) market. ... [ read more ]

In part 2 of this series of interviews with executives in the Incentive, Recognition, and Rewards (IRR) field, most believe that the new focus on human capital management is real and will have an impact on their business, but it's not clear yet how the IRR industry specifically will capitalize on this opportunity in terms of offering broader solutions, if any. ... [ read more ]

In a sign of the horizontal integration in the IRR space predicted by RRN, the Worktango employee voice platform has been purchased by an employee experience tech firm known as Kazoo. ... [ read more ]

The Incentive Federation International board awarded a contract to Richard Garlick and Associates Consulting and Market Research Services, LLC to conduct the latest IRR (Incentive, Rewards, and Recognition) Marketplace study. The new report seeks to be consistent with past studies for comparison purposes while addressing the recent experiential trend. ... [ read more ]

It's boon times in meetings and events: Just try booking a group at a popular destination for 2023. While many event planners seem happy to go back to the traditional event format, most motivational meetings experts interviewed say it's time to rethink the format to focus more time on interactions, and less on plenary and panel discussions.... [ read more ]

Using incentives, gift cards, and offers, Prizeout intends to take marketing to the next level by more carefully matching brands and consumers in the consumer and business-to-business arena. Its backers include some of the biggest names in venture capital, helping to confirm the investor interest in the IRR space predicted by RRN earlier this year. ... [ read more ]

This interview with Co-Founder and CEO Scott Kooken highlights the key services of Links Unlimited, the Cincinnati-based master fulfillment company. These BMC solution provider profiles are designed to enable organizations get a sense of an organization via an information interview with the owner or senior executive. ... [ read more ]

Conversations with senior management at a wide range of incentive and recognition companies find general agreement that the unprecedented focus on human capital will only continue to grow and differ only on how their organizations will respond. ... [ read more ]

A December 2021 survey conducted by Reward Gateway of 3,809 employees and senior human resources decision-makers across the UK, US and Australia was designed to "reveal more about the expectations and intentions of HR leaders and their employees in this unique time."... [ read more ]