Here is news from throughout the world of rewards recognition, including research, company news, mergers and acquistitions, etc.
A new Equal Employee Opportunity Commission (EEOC) rule would ban anything but de minimis incentives for wellness programs that require disclosure of personal health information. ... [ read more ]
In developments that would have inspired incentive industry leadership in another era, the concepts of human capital management, metrics, reporting, ESG (Environmental, Social, and Governance) practices and of Stakeholder Capitalism are now almost daily topics in leading business publications around the world. ... [ read more ]
JPMorgan Chase has acquired the Global Loyalty division of cxLoyalty Group Holdings, which includes cxLoyalty’s technology platforms, full-service travel agency, gift card, merchandise, and points bank businesses. The deal does not include cxLoyalty’s Global Customer Engagement division and other ongoing businesses. cxLoyalty Global Loyalty will operate as a business unit within JPMorgan.... [ read more ]
: In another sign of renewed mergers & acquisition activity in the engagement field, Augeo, a leader in consumer, member, and employee loyalty and engagement solutions, has acquired Deluxe Rewards, formerly a business entity of Deluxe, a publicly held business technology company.... [ read more ]
This acquisition signals an increasing focus on professional services and program design in the incentive and loyalty business. ... [ read more ]
The need to engage employees, business customers, and supply chain partners working from home is leading to a more strategic approach to Total Rewards, engagement, and loyalty strategies, and a big increase in surprise and delight gifting, employee engagement technology investments, and the selective use of brands as rewards and gifts. A growing number of traditional promotional distributors, marketing agencies, and human capital advisory firms are eying the brand gifting and engagement space as well. ... [ read more ]
The 2021 annual Incentive Research Foundation outlook survey of end-users, suppliers, and incentive and recognition firms conducted by the Incentive Research Foundation (IRF) finds that while more than half of companies expect the economy and their businesses to improve, many are cautious about expectations for growth pending the impact of the vaccines and other factors on the pandemic. ... [ read more ]
Forget about price; function counts; delayed gratification is okay; don't be afraid to give people what they ask for, and favor experiences summarize the best advice for gifting, asserts a University of Virginia psychologist. ... [ read more ]
Ted Moravec is joining Stark Enterprises, Inc. as Vice President of Business Development. ... [ read more ]
Here are tips on how to make sure your employee gifting program is effective in a work-from-home environment. ... [ read more ]
