Value & ROI in Employee Recognition“More than half (57%) of respondents also agreed that most of their employees considered cash bonuses to be part of their compensation package and, as such, cash has less impact on increasing “employee morale” or loyalty.”
2011 Volunteer IMPACT Survey“Volunteer programs are often viewed as a “nice-to-do” employee perk rather than a strategic business initiative. However the 2011 Volunteer IMPACT Survey reveals that they are much more than that;…”
Financial benefits of Incentive Travel“Executives stated that in order to achieve the same effect of incentive travel, an employee’s total base compensation would need to be increased by 8.5%” (page 4)
Volunteering the business caseA City of London study that looks at the benefits of corporate volunteering programmes in education. Volunteering may be a more cost effective way for staff to gain new skills.
Determining the ROIA methodology for determining the return on investment of your travel incentive program.
Good CSR practices open the door to finance“Using a large cross-section of firms, we show that firms with better CSR performance face significantly lower capital constraints.”
A recent Forbes CSR Blog insight. “CSR is already influencing how employees, customers, and stakeholders are deciding whom they’d prefer to follow.”(link to article on Forbes website)
Reputation Intelligence: Why CSR matters to corporate reputation“CSR drives key reputational benefits, including more success in recruiting and retaining employees, increased sales, smoother market entry and a “license to operate,” while bad behavior in the CSR space has time and time again proved to be a reputation killer”
Prosocial Incentives Increase Employee Satisfaction and Team Performance
“We suggest that rather than force employees to make a losing tradeoff between social life and work life, employers can coopt this tradeoff and focus instead on using prosocial incentives to create a more altruistic, satisfying, and efficient workplace.”
Risk and Responsibility: Marketing CSR in a Time of Economic Turmoil
“Companies can also use CSR as a rallying cry for their brands. One of the biggest things missing from today’s marketplace is the kind of inspired hopefulness and aspiration that energized consumers in years past. Economic worries make such exuberance seem foolish, if not unseemly. But CSR is different. It is by nature the act of giving something back, so it is very fitting to spotlight it in this environment. CSR can and should be the platform for inspiration, innovation and reengagement with consumers in the marketplace. With the return of risk putting past indulgence to shame, CSR is the one extravagance that can pass muster.”
“Companies can also use CSR as a rallying cry for their brands. One of the biggest things missing from today’s marketplace is the kind of inspired hopefulness and aspiration that energized consumers in years past. Economic worries make such exuberance seem foolish, if not unseemly. But CSR is different. It is by nature the act of giving something back, so it is very fitting to spotlight it in this environment. CSR can and should be the platform for inspiration, innovation and reengagement with consumers in the marketplace. With the return of risk putting past indulgence to shame, CSR is the one extravagance that can pass muster.”
The State of Tangible Incentive Research
“Non-cash inducements are actually more e ective and therefore, more e cient in capturing an employee’s attention. The current business economy continues to represent challenges for everyone.
For program planners looking to make a bigger impact, non-cash tangible awards make better business sense. The enduring appeal of tangible awards is well documented. The studies uncovered by the researchers represent an increased rationale for the role of the incentive industry plays and the impact travel and merchandise awards o er as a cost e ective enhancement to normal compensation.”
“Non-cash inducements are actually more e ective and therefore, more e cient in capturing an employee’s attention. The current business economy continues to represent challenges for everyone.
For program planners looking to make a bigger impact, non-cash tangible awards make better business sense. The enduring appeal of tangible awards is well documented. The studies uncovered by the researchers represent an increased rationale for the role of the incentive industry plays and the impact travel and merchandise awards o er as a cost e ective enhancement to normal compensation.”
