2014 trends in incentives and recognition
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2014 Trends in Incentives and Recognition. December 2013. Speaker. Melissa Van Dyke President Incentive Research Foundation. Four Types of Trends. #1 Outcome-Based Engagement. Implications. Tangible Outcomes Shift Focus Strong Opportunity

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2014 Trends in Incentives and Recognition

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2014 Trends in Incentives and Recognition

December 2013


Speaker

Melissa Van Dyke

President

Incentive Research Foundation


Four Types of Trends


#1 Outcome-Based Engagement


Implications

  • Tangible Outcomes

  • Shift Focus

  • Strong Opportunity

  • Highlight Outcomes (sales, retention customer sat)


#2 Poaching, Skill Gaps, Shifts


#2 Implications

Retention Focus


#3 Leadership Squeeze/Talent Pool


Implications

  • Multi-Faceted Approach

  • Leverage HR Systems (R&R Platforms)

  • Focused time during Incentive Travel

  • Mentoring


#4 Digital Revolution


Implications

  • Personalized Experiences

  • 24/7 Access

  • Social Integration

  • More Bandwidth

  • Virtual Cards


#5 Big Data


Implications

  • Add More Data Streams

  • Widen Feedback Loops

  • Quick Discovery Tools/Methods


#6 Quality vs. Quantity Incentive Travel


Implications

  • Stronger Budgets

  • More Robust Programs

  • Non-Meal Components Focus


#7 Total Travel Experience Broadens


Implications

  • Social Media

  • CSR

  • Wellness

  • Food Tourism


#8 Merchandise/Non Cash Incentives


Implications

  • Strong Budgets

  • Electronics

  • Wellness

  • “Aware Technologies”


#9 Procurement Morphing


Implications

  • Embedded

  • Advisor-Driven

  • Value Focus


#10 More Complex Sales


Implications

  • More Complex to Sell

  • Sales/Ops Synergy

  • Non Cash Optimization


Contact Us

theIRF.org

iPhone & Droid Mobile App

Incentive Research

Foundation

@theIRForg


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