Awards: Articles/Studies

Summary of Articles/Studies

Awards Selection Study Phase I: Preliminary Insights From Managers

This study addresses the role of cash and noncash reward systems in corporations to provide a better means of determining when to use which type of award system.

Published by: The Forum for People Performance Management and Measurement

Federation Study 2003: Incentive Federation Survey of Motivation and Incentive Applications

The Incentive Federation Inc. has commissioned a survey involving current users of merchandise and travel items for motivational applications. The Center for Concept Development (CCD) was asked to analyze the data collected in this survey and to prepare this report on the survey findings.

Published by: Center for Concept Development, Ltd.

Maintaining Brand Safety in Profitable Special Markets

Manufacturers are sometimes cautious about the use of their brands in special markets. Obviously they want to maintain their brand integrity and avoid any impact consumer sales channels. This white paper from the Incentive Marketing Association (IMA), however, suggests that with basic safeguards in place, special markets like the incentive industry are “a win for the supplier, a win for the company, and a win for the employee.”

Published by: Incentive Marketing Association

Match Employee Awards to Specific Organizational Objectives for Optimal Success

Results from the study Awards Selection: Insights from Managers, conducted by the Forum for People Performance Management and Measurement, sheds light on the efficacy of 12 distinct motivational tactics used by HR and marketing managers across many industries to achieve 10 specific organizational objectives.

Published by: Forum for People Performance Management and Measurement

Performance Management & Incentives in the Era of Sarbanes-Oxley

Federal legislators in 2002 enacted the Sarbanes-Oxley Act (SOX), which was designed to improve the accountability of corporate managers to shareholders and to improve public confidence in publicly traded companies. This white paper is an outline of the potential impact of SOX on the use of performance improvement and incentive programs.

Published by: Performance Improvement Council of the Incentive Marketing Association

Putting Trophy Value Into Your Gift Card Program

Gift cards have become an important corporate tool for reward and recognition. This paper looks at the growing use of gift cards and how to add to the "trophy value" of gift cards via communication, customization, and presentation.

Published by: Incentive Gift Card Council of the Incentive Marketing Association

Tax Considerations for Incentive Programs

The federal income tax considerations for incentive programs are often overlooked. While it is difficult to give technical tax advice that would apply equally to all incentive programs, following certain general income tax principles can make an incentive program more successful and avoid unpleasant surprises.

Published by: National Association for Employee Recognition

Taxation of Employee Achievement Awards

Section 274(j) of the Internal Revenue Code contains specific rules on the tax treatment of “employee achievement awards.” As a general rule, the employer cannot deduct employee achievement awards, unless they meet certain criteria.

Published by: National Association for Employee Recognition

The Benefits of Tangible Non-Monetary Incentives

This paper discusses four psychological processes that can be categorized as items that directly affect the perceived value of an incentive or recognition award. In particular it looks at factors that increase the perceived value of earning the award because the awards are earned rather than purchased.

Published by: Incentive Research Foundation

The Role of Gift Certificates and Gift Cards In Corporate Recognition and Incentive Programs

This paper looks at the types and applications of gift cards and gift certificates and reviews the research that points to the efficacy of gift certificates and cards in achieving business results. Gift certificates and cards have been shown to increase sales, improve employee performance and build loyalty, foster teamwork, and create new markets, among others.

Published by: Incentive Gift Card Council of the Incentive Marketing Association