Cultural Knowledge Essential to Capitalize on Recognition, Rewards Programs in China

CHICAGO – Oct. 18, 2011 – The Global Incentive Council today announced the publication of its first-ever white paper, which takes a comprehensive look at employee recognition and reward practices, risks, and opportunities awaiting companies doing business in the People’s Republic of China.

This new report, “Reward, recognition programs bring opportunities, challenges to companies operating in China,” examines the dynamic economic market and cultural changes taking place in China, and how it affects reward and recognition practices. In addition, it offers multinational companies advice on how to design and implement a successful program, and how to avoid potential problems while navigating the complex Chinese business and cultural scene.

Global Incentive Council President Ashley Fina, who is also president of Michael C. Fina, noted, “Reward and recognition systems play a critical role in any degree of business success in China. Understanding the cultural nuances and reward expectations are key in developing and implementing successful recognition programs.”

To read the white paper, visit the Council’s website, http://www.globalic.org/

About the Global Incentive Council

The Global Incentive Council (http://www.globalic.org/) is a strategic industry group of the Incentive Marketing Association (www.incentivemarketing.org) and is an international organization dedicated to serving the needs of the international incentive community. As an organization under the umbrella of the Incentive Marketing Association, we are the leading resource for information and delivery of global incentive programs.

The organization is comprised of international suppliers, incentive companies and buyers in the incentive marketplace, representing Asia, Europe, Latin America, Canada, and the United States.

Members of the Global Incentive Council include leading suppliers and professionals in the areas of incentive sales and marketing.

CONTACT:

Sue Voyles – Logos Communications
734.667.2005 / sue@logos-communications.com

About the Global Incentive Council

The Global Incentive Council (http://www.globalic.org/) is a strategic industry group of the Incentive Marketing Association (www.incentivemarketing.org) and is an international organization dedicated to serving the needs of the international incentive community. As an organization under the umbrella of the Incentive Marketing Association, we are the leading resource for information and delivery of global incentive programs.

The organization is comprised of international suppliers, incentive companies and buyers in the incentive marketplace, representing Asia, Europe, Latin America, Canada, and the United States.

Members of the Global Incentive Council include leading suppliers and professionals in the areas of incentive sales and marketing.

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This release was published on openPR.