According to the 2012 Canadian Incentive Trends Survey, Canadian companies have considerably increased their use of corporate employee incentive programs over the past two years. And despite continued economic uncertainty, the majority of executives and program managers confirmed that they have no plans to reduce their incentive program budgets in the next 12 months.
The survey shows a 46 percent increase from 2010, and a 21 percent increase from 2011, in the number of companies using incentives for employee programs. When asked how they have used incentive programs, 38 percent said other uses (sales and channel programs), marketing programs (37 percent), referrals for new customers/employees (34 percent), contests/lotteries (28 percent), customer loyalty/appreciation programs (27 percent), and customer retention programs (14 percent).
Corporate incentives
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.