Incentivizing employees for their performance plays a critical role in enhancing their productivity and quality of work. It ultimately leads to your business success. Usually, employee rewards are in the form of bonuses, commissions, and other monetary benefit. However, that’s not always what employees seek. According to research by the Incentive Research Federation, nearly 65%…
Month: October 2023
Empowering Partners: Tailored Claim Processes For Enhanced Channel Incentives
Expanding your business in the current dynamic market is a challenge every business wants to address. One ideal option that companies turn to is a channel partner or channel loyalty program. Channel partners are typically organizations that help you promote, market, and sell your product or service. They invest their own marketing and sales resources,…
10 Proven Strategies For Improving Team Cohesion in 2024
“In business, great things are never done by a single person. They’re done by a team of people.” This quote by Apple founder Steve Jobs became a guiding principle for a lot of companies. Although employees form the backbone of any company, they reach their true potential only when they work together as a team….
Building a Successful Real Estate Ecosystem Through Loyalty, Rewards, and Engagement
The Real Estate Industry is Competitive The real estate industry is a competitive one. There are thousands of agents vying for the same clients, and it can be difficult to stand out from the crowd. However, there is one strategy that can help agents attract and retain top talent, boost sales, and build a positive…
How Managers Influence Employee Engagement
Employee engagement is a crucial factor in the success and growth of a business. It is the emotional connection an employee has with the organization which motivates them to perform to the best of their abilities. Employee engagement can be influenced by various factors such as job satisfaction, work-life balance, and financial rewards. However, one…
Automation and Integration: Transforming Channel Partner Incentive Platforms
In today’s competitive business landscape, channel partners play a vital role in driving sales and expanding market reach for companies. To incentivize and motivate these partners effectively, organizations have been relying on channel partner incentive programs. However, with advancements in technology, the traditional manual approach to managing such programs has become cumbersome and inefficient. The…
