Work anniversaries are a big deal in today’s job market, where half of all employees are leaving their jobs before they hit the five-year mark. In fact, according to the Bureau of Labor Statistics and their most recent Job Openings and Labor Turnover Summary, 3.5 million people in the US quit their jobs every month. … Continue reading “8 Great Ideas for Celebrating Work Anniversaries”
Your customers are your most important asset, and that’s why it’s worth taking some time to examine your customer loyalty initiatives and how they might be adjusted to drive incremental profit. When distributors hear “contractor loyalty,” they think about travel destinations, employee loyalty, or reward types—and that can be an expensive approach. Achieving contractor customer loyalty … Continue reading “Proven Techniques in Driving Distribution Loyalty”
Corporate culture has changed a lot when it comes to employee retention and perks. Gone are the days of Christmas bonuses and gold watches. Now, the competitive climate of recruitment is rethinking the way businesses handle corporate perks. There are 20 corporate perks that are essential for 2020. Creating a strategy for corporate recognition that … Continue reading “20 Corporate Perks You Must Offer in 2020”
What are sales incentives? Sales incentives can be any kind of compensation or reward provided by an employer to drive productivity, more specifically, the selling of goods or services. And sales incentives have evolved over the last 25 years, as all things to do. If you could take a time machine back to the 1990s … Continue reading “18 New Sales Incentives to Improve Performance”
How to Run a Painless Meeting There are two ways to run a meeting. The first is probably the most common—you sit at the head of the table, open the meeting, and then the meeting just starts, the same way it did last time, and the time before that, and the time before that. This … Continue reading “15 Meeting Management Tips: How to Run an Effective Meeting”
Communicating business performance data to your team is fundamental to helping them collaborate and engage, and to helping you reach your business goals. The most important data will center around operational and financial budgets, sales incentives and revenue goals, and customer and employee satisfaction; and ultimately tie that data back to your email database. High-performing … Continue reading “The Power of Communicating Performance Data to Your Team”
What’s Your Plan to Pump Up Engagement in 2019? We invite you to consider video. Companies’ sales and marketing departments are using video more and more to activate their message and engage employees, distributors and customers. Don’t leave video out of your marketing mix because, according to Forbes Magazine, video now accounts for up to … Continue reading “Engage Your Audience with Video”
There are many things to consider when selecting rewards that will engage your employees. Since a lengthy analysis means time and money, we’ve designed this handy checklist to help you choose the rewards that will truly motivate them to work hard and help your business grow.
Can you make your employees feel more valuable with aspirational brands? We think so! Learn how these brands can entice participants to work harder and grow revenue, with our latest article about increasing employee engagement.
Thanks for stopping by! You’ve probably heard that great experiences can motivate people and promote the success of your business. Put your staff on the path to meeting their sales and performance goals, and you’ll move closer to achieving your corporate objectives (ask us about ROI). Here at VIKTOR, that’s our business. We craft and … Continue reading “Incentivize and recognize”
Changes in the way we receive, process and communicate information doesn’t apply just to social media. In fact, technology and social media are driving many of these changes, and they impact every area of our lives. If you want to make sure your meeting and event attendees are actively engaged, here are a few tips … Continue reading “Tips for Engaging Meetings”
If you’re taking a trip soon — and we know some who are! — there’s a good chance you’ll encounter a wonderful wine or two along the way…because good wine is everywhere! Whether you consider yourself a fun-loving enthusiast or a savvy connoisseur, the best way to incorporate a winery excursion into your trip is … Continue reading “Tips for Wine Tasting”
If you have plans to launch an incentive program this year, you’ll want to know what trends are shaping the industry. The Incentive Research Foundation (IRF) has just released its 2017 Trends Study, which highlights the top ten trends for incentive travel, and reward and recognition programs for the coming year. It identifies key areas for change … Continue reading “IRF Releases Top Incentive Trends for 2017”
It’s hard to pick up any type of publication these days without seeing something about Millennials and the impact they’re having on society. We decided it was time to get to the bottom of this issue, so at our recent VIKTOR Experience, we presented a session on this very topic. Here are a few of … Continue reading “A New Understanding of Generational Differences: Millennials”
Sales incentives stand as the the prototypical rewards package most companies model their compensation strategy around. One of the biggest trends in merchandise these days is that more and more programs are being offered to non-sales employees. Whether it be a safety initiative, wellness or simply employee recognition, the “Incentive Marketplace Estimate Research Study” reports … Continue reading “Top Merchandise Awards”