Inspired Incentives

Devin Ferreira

Recent Posts

Know Thy Participants: Why Group Demographics Are a Real Difference-Maker

Posted by Devin Ferreira

Tue, Feb 06, 2018 @ 10:02 AM

Let’s play a game. Take a look at the following three personality profiles:

Part 1: Participant Profiles

1) Tony is a 45-year-old independent contractor from Pittsburgh.

He has a wife and two kids. He earns between $50,000-$60,000 a year, and he loves the Steelers and Penguins.

Tony owns a small boat, and during the summer, he and his family rent out the same lake house and spend two wonderful weeks swimming, water skiing, and enjoying the great outdoors.

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Topics: reward options, demographics

Why a DIY Reward or Incentive System Can Be Your Happy Medium

Posted by Devin Ferreira

Tue, Jan 30, 2018 @ 09:29 AM

Is it just me, or does it seem like we’ve entered the golden age of Do-It-Yourself (DIY) solutions?

When we face a problem or challenge, or have to deal with something even vaguely unfamiliar, what’s the first step that we usually take? Do we call up an expert and ask them for help, shelling out an uncertain amount of money in the process?

No, chances are if you’re like me, and your garbage disposal breaks, you’ll immediately turn to Google to find out the source of the issue, followed by YouTube to see how to fix it. If, and only if, this proves to be more time or effort than you’re willing to devote to the problem, will you seek out a local plumber (with satisfactory reviews on Yelp).

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Topics: incentive programs, DIY

The 2018 Incentive Outlook

Posted by Devin Ferreira

Mon, Jan 15, 2018 @ 08:15 AM

What does the future hold for incentive programs?

Based on research conducted by the Society for Incentive Travel (SITE) and the Incentive Research Foundation (IRF), the outlook for programs in 2018 seems to be mostly positive.

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Topics: Incentives in 2018

Ensure Incentive Success With...

Posted by Devin Ferreira

Tue, Dec 26, 2017 @ 10:01 AM

In our previous blog, we offered some advice on how to choose the right incentive program for your organization. This included determining your goals and your audience.

But if you are thinking about implementing an incentive program, whatever you decide on—whether it’s a sales incentive program for your highest performers, a customer incentive program that targets your Middle 60% of customers, or something else—one common element that remains essential no matter the program type is... drumroll please... 

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Topics: incentive programs, marketing

3 Productive Ways to Burn Your Year End Budget

Posted by Devin Ferreira

Tue, Dec 05, 2017 @ 10:01 AM

We’ve all been there: the year is drawing to a close, you still have some leftover cash reserves in your departmental piggy bank. You’re starting to worry that if you don’t end up spending it all, your department’s unused budget will get slashed the following year.

After all, your organization might reason, if you didn’t use the money this year, why on earth would you need the same sum next year?

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Topics: End of the Year

Business Intelligence: Don’t Work Harder. Work Smarter.

Posted by Devin Ferreira

Mon, Nov 13, 2017 @ 10:16 AM

I’m a big fan of sayings and truisms, and one of my favorites is “knowledge is power.” But I have to admit, as I start to see business solutions becoming more and more sophisticated, I think it actually might be more fitting to say that Knowledge Is Profit.

In business, we’re constantly looking for better, more efficient ways to do things. It’s how we get a leg up on the competition, how we continue to grow and evolve even as everything around us continues to change.

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Topics: Business Intelligence

HMI’s Annual Incentive Leadership Forum Is a Big Hit

Posted by Devin Ferreira

Tue, Oct 31, 2017 @ 09:30 AM

Earlier this month, HMI hosted its Fifth Annual Incentive Leadership Forum at Dreams Los Cabos Golf Resort & Spa in Los Cabos, Mexico.

As with our past Forums, this was an opportunity for business leaders across various industries to exchange best practices and gain insights into cutting-edge performance improvement trends. Featuring strategic roundtable discussions, solution showcases, and even some interactive brainstorming sessions, the Forum invited attendees to both listen and be heard from.

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Topics: Performance Incentives, Leadership

Wrap Up Your Year with Individual Rewards

Posted by Devin Ferreira

Wed, Oct 11, 2017 @ 10:03 AM

As the year winds down to a close (already?), you may have some top performers who deserve more than just a bonus. But how can you say thanks in a truly meaningful way? One of the best ways is through individual rewards. First, let’s lay out some scenarios to make sure you fit the ticket.

 

Scenario A: An employee of yours has been working tirelessly all year to meet deadlines, boost sales, think strategically, and trouble-shoot when necessary. You’ve noticed that they’re often the first one into the office and one of the last ones to leave. You can’t remember the last time they missed a day of work.

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Topics: Individual Rewards, End of the Year

How Does a Leading Tech Company Install eLearning?

Posted by Devin Ferreira

Thu, Sep 21, 2017 @ 01:01 PM

In last week’s blog, we took a general look at eLearning solutions, including how they can be implemented and why they can work. The conclusion was, that as companies look for ever-more creative enablement strategies to motivate and educate their sales channel, employees, and customer base, we will continue to see eLearning solutions become more and more synonymous with business solutions.

In addition to the heavier-duty, Learning Management Solution (LMS)-based approaches, with their focus on accreditations and longer-term curriculums, there are also options out there that provide more dynamic, easily customizable solutions.

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Topics: Engagement, eLearning, Enablement

eLearning and Enablement: A Crash Course

Posted by Devin Ferreira

Fri, Sep 15, 2017 @ 01:40 PM

In this two-part series, we want to dive into some of the important components of a good eLearning and enablement strategy. We’ll also feature a real-life example of a successful eLearning solution, including how it functions and what it’s benefits are. But for now, let’s focus on the basics:

 

Did you know?

  • 42% of companies say that e-learning has led to increased revenue
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Topics: Engagement, eLearning, Enablement