Companies use merit and incentive reward schemes to motivate employees and align employees' objectives with company goals. The theory is that employees focus their efforts on the areas of work that ...

In a time when many people equate incentives with million-dollar bonuses paid to CEOs of mega-corporations, it isn't difficult to question the ethics. However, the issue is more complex. Small ...

The Incentive Research Foundation (IRF) has released a white paper on the value of incentive, reward and recognition (IRR) programs to drive more sales, increase revenue, result in a larger share of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

Most corporate businesses understand how to get the most out of their employees. Payment is simply not the best method of ensuring loyalty and creative work from your employees. Their future success ...

Here’s how you can create reward programs that encourage safety, resonate with your employees and create engagement and loyalty. Employees have come to expect to be rewarded for a variety of ...