Businesses face high levels of employment competition both locally and globally. For long-term success, business leaders must foster a team environment that regularly inspires peak performance levels. Otherwise, star talent will leave for greener pastures. According to statistics gathered by Deloitte, companies that have highly effective employee recognition programs have 31 percent less turnover than … Continue reading “Setting Up an Employee of the Month Program”

The impacts of COVID-19 on incentive travel have been widespread and profound. While the situation remains dynamic and ever-changing, evidence is emerging that travel is about to rebound. Here are a few recent news items that reflect growing confidence in travel:  Incentive Research Foundation’s recent survey, COVID-19 and Disruption in the Incentive Travel, Meetings and … Continue reading “VIKTOR Travel Pulse: When will we travel?”

Workplace culture is constantly evolving. With the influx of Millennials and Gen Zers into the workforce, workplace behaviors have experienced some distinct changes. One major shift is a growing emphasis on engaging employees recognizing their contributions to the company. Today’s employees grew up in a fast-paced world. They want to work quickly and efficiently. They … Continue reading “Remote World Recognition”

2020 began like every other year with experts making predictions about how the year ahead would play out. Experts looked into their crystal ball to explain how retail, tech, education, and other major economic areas would change because of disruptive transformations in the marketplace. Nobody, however, foresaw how COVID-19 would bring about unprecedented changes almost … Continue reading “5 Ways You Can Adapt to post-COVID-19 Loyalty Marketing”

What do we mean by “employee engagement”? Employee engagement means that employees are committed to their companies. Employee engagement isn’t the same as employee satisfaction. It also means that these employees are connected to their organizations. In today’s world, a business will fail if its employees are not engaged, but it will succeed if the employees are fully … Continue reading “Defining Employee Engagement and Making a Case for Nurturing It”

The coronavirus restrictions have forced many businesses to make changes in their daily operations, and an increasing number of companies are turning to work-from-home options. Younger workers are especially eager to embrace this idea, and many actively look for companies that offer this incentive. Now, numerous companies are feeling the pressure to offer meaningful benefits … Continue reading “8 Incentive Ideas for Remote Workers”

According to a new IRF Report, the majority of 2020 incentive trips are being postponed, rather than cancelled. Their recent survey gauges our industry’s pulse on the impact that COVID-19 is having on this year’s incentive travel award programs. More than 250 incentive providers participated in the survey during the first two weeks of April. … Continue reading “IRF Reports Incentive Trips Postponed, Not Cancelled”

There is a strong correlation between employee satisfaction and workforce productivity. When your employees are content at work and they are engaged, they are more likely to feel motivated to work hard to achieve a high level of output. Likewise, employees who are dissatisfied tend to do the minimum, and highly dissatisfied employees may eventually … Continue reading “Defining Employee Satisfaction and Why it Matters”

When measuring the effectiveness of their incentive travel program, many company leaders struggle with how to prove they have recouped their investment. Higher profits are usually the primary goal and the easiest to determine. However, quantifying other important outcomes, such as engagement and motivation of the entire team, is more elusive yet critical to gauging … Continue reading “Measuring the ROI on Incentive Travel”

When employees start a new job, they often receive a couple of weeks for vacation time. Often, they use those days to extend weekends here and there. A vacation day might go to catching up on personal errands. With luck, they may take a week off to enjoy a family vacation. Travel feels rushed and … Continue reading “Get Paid to Travel: 15 Companies That Will Give You Money to Go On Vacation”