According to the IRF 2016 Trends in Incentive Travel, Rewards, and Recognition, corporate social responsibility is one of the most popular enhancements to incentive and recognition programs. The report explained that in line with trends across business in general,, it is now an expectation that there are ’green’ or ethical recognition practices in place.
This ranges from volunteer days, incentive team-building events to periods of ‘out of office’ focused on helping communities.
This fits in with the economic outlook. The IRF’s 2015 Pulse Study of reward and recognition planners showed that 65% of people planned an increase in budget this year towards their recognition practises, with 61% saying that the economy also has a positive effect on long term thinking for reward and recognition programmes. This hints that at the current rate, many businesses may soon be seeing their social mission as something that’s as key to employment ad retention as the right technology or processes . The advise from the IRF? “Engage employees, partners, and customers with initiatives to contribute to the community and to their well-being.”
If you want to run a reward programme with a green factor, consider eCodes. SVM Global is the global leader in the fulfilment of gift cards and eCodes for over 500 worldwide brands.
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