Press release
New Incentive Research Foundation Paper Defines Top 2011 Trends in Motivating Work Force
St. Louis, MO – Feb. 16, 2011 - Underscoring the most significant changes in the incentive industry over the last decade, the Incentive Research Foundation (IRF) has just released a new white paper, Top 11 Incentive Trends for 2011.“In the emerging economy, non-cash compensation will play an increasingly vital role for most firms. However, like any corporate resource, it needs to be invested wisely and managed properly. Our findings are intended to give planners the perspective they need to gauge options, make decisions and build a better business case in a changing industry,” says IRF President Melissa Van Dyke.
Among the factors highlighted in the paper:
• Adjusting to a “new normal” that better fits today’s budgetary constraints and the importance of transparency.
• The impact of globalization and the increasing interest in incentives by the BRIC countries
• Increasing government involvement regulating gift cards and encouraging wellness incentives
• Emerging participant preferences for meaningful experiences over tangible products
• Changing social influencers and priorities that emphasize factors like CSR
• Modifications tied to virtual communication and tactics like games.
“The expanding virtual nature of communications represents both opportunities and obstacles for incentive planners,” said IRF Chairman of the Board of Trustees Jeff Broudy. “Digital communication makes it easier to develop, distribute, update and segment messages across audiences and can increase the motivational impact of pre- and post-event messages. We believe that planners who address both the opportunities and obstacles of our virtual world will be better prepared to manage the pros and cons of that conversation.“
For a copy of the 2011 Trends white paper, go to http://tinyurl.com/4ft8kft.
About the IRF:
The Incentive Research Foundation (www.TheIRF.org) funds and promotes research to advance the science and enhance the awareness and appropriate application of motivation and incentives in business and industry globally. The goal is to increase the understanding, effective use, and resultant benefits of incentives to businesses that currently use incentives and others interested in improved performance.
The Incentive Research Foundation (www.TheIRF.org) funds and promotes research to advance the science and enhance the awareness and appropriate application of motivation and incentives in business and industry globally. The goal is to increase the understanding, effective use, and resultant benefits of incentives to businesses that currently use incentives and others interested in improved performance.
100 Chesterfield Business Parkway
Suite 200
St. Louis, MO 63005 USA
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release New Incentive Research Foundation Paper Defines Top 2011 Trends in Motivating Work Force here
News-ID: 162811 • Views: …
More Releases from Incentive Research Foundation
Measuring ROI for Incentive Programs Now Easier with Incentive Research Foundati …
St. Louis – Oct. 4, 2011 – Is there an easy way to measure the impact and Return on Investment (ROI) of today’s incentive, reward and recognition programs---especially beyond sales and manufacturing? The Incentive Research Foundation (IRF) has developed a “free” online tool to do just that.
The Master Measurement Calculator Tool is being introduced today as part of the IRF’s day-long symposium, The Next Level: New Uses, Research…
Trends Survey Shows Corporate Merchandise Incentives Stabilizing
St. Louis – July 6 - After one of the most difficult economic periods in history, business executives are easing their caution regarding the use of merchandise incentives as organizations renew their focus on sales activity and customer retention according to the most recent Corporate Incentive Trends Survey jointly conducted by the Incentive Research Foundation (IRF) and Corporate Meetings & Incentives (CMI).
IRF President Melissa Van Dyke explained that the recent…
Incentive Research Foundation Survey Finds New Trends
St. Louis, MO – Feb. 7, 2011 - The 2011 Incentive Trends Survey jointly conducted by the Incentive Research Foundation (IRF) and Corporate Meetings & Incentives (CMI) finds incentive planners juggling new trends while they manage expectations and slow budget recovery.
According to IRF President Melissa Van Dyke, participants were asked about travel programs, 2011 budgets and other issues of interest with these key findings:
Budgets Improving Slightly
• In 2009,…
More Releases for IRF
Measuring ROI for Incentive Programs Now Easier with Incentive Research Foundati …
St. Louis – Oct. 4, 2011 – Is there an easy way to measure the impact and Return on Investment (ROI) of today’s incentive, reward and recognition programs---especially beyond sales and manufacturing? The Incentive Research Foundation (IRF) has developed a “free” online tool to do just that.
The Master Measurement Calculator Tool is being introduced today as part of the IRF’s day-long symposium, The Next Level: New Uses, Research…
Incentive/Recognition Industry Starts to Stabilize
St. Louis – Sept. 14, 2011 – After more than four years of turbulence in the incentive and recognition industry, there are now indicators of a trend toward stability in both merchandise and travel programs. So says a new report by the Incentive Research Foundation (IRF).
“What we are seeing is the new ‘normal,’” said IRF President Melissa Van Dyke. “The general buying outlook for merchandise and travel program planners has…
Wellness Awards Shrink Health Care Costs According to Incentive Research Foundat …
St. Louis – Aug. 29, 2011 – How can employers and governments encourage individuals to practice healthier behaviors? How can companies get their workers to stop smoking, watch what they eat, consume less alcohol, take their medicine and change their diet? One of the most promising methods is to offer incentives within corporate sponsored wellness programs, according to a new study from the Incentive Research Foundation (IRF). The study affirms…
The Incentive Research Foundation Announces Fall Programming at The Motivation S …
Chicago and St. Louis (June 21, 2011) – The Incentive Research Foundation has announced they will again partner with The Motivation Show to provide a forum for the IRF to share relevant, actionable research that addresses the ever-changing role of incentive and recognition use within top organizations. The Motivation Show meets Tues., Oct. 4 through Thurs., Oct. 6 in Chicago’s McCormick West.
“As the key resource for independent, timely research on…
Personalized Incentive Programs Help Companies Reach Business Targets, says Ince …
St. Louis, MO – March 16, 2011 – Personalized recognition based on personal performance, innovation and mastery of skill are key to capturing the intellectual and emotional commitment of employees, according to a new study.
An Incentive Research Foundation (IRF) study finds today’s highly educated work force responds to more tailored, non-cash incentive plans that celebrate creativity and promote best practices. In the white paper, Motivating Today’s Workforce: The Future of…
Professional Information Search: Technology Transfer Summit in Vienna
4th IRF Symposium, 6-9 June 2011, Vienna, Austria
The IRF Symposium has established itself over the last years as a unique meeting place where both science and industry come together to discuss and solve technological challenges for professional information retrieval. The main objective is the alignment of research activities to the real needs of end-users who cope with skyrocketing amounts of information. The complexity of patent documents as well as…
