Madison is a global leader in employee recognition and incentives, pioneering digital programs since 1995. As an employee-owned company, we deliver recognition, events, and incentive travel solutions that strengthen culture and drive results.
Enterprise Power. Mid-Enterprise Simplicity.
While performance-based pay is generally structured as part of an employee’s compensation package, there are tools available to help track goals, performance, milestones and more that can support pay values but are also part of a complete rewards and recognition platform. Companies can create customized platforms to centralize the performance…
Madison is listed in the Top-3 for the sixth time in the employee recognition industry based on customer satisfaction surveys New York, NY. August 17, 2021 — Madison, a global leader in social recognition, has been named amongst the Top-3 recognition providers by HRO Today magazine. This is the 8th…
Is performance-based pay something that falls under an Employee Rewards and Recognition (R&R) program? Is R&R part of a performance-based pay program? How is it all tied together for the end-user (the employees)? After all, it’s all coming from HR… Balancing Performance-Based Pay with Rewards and Recognition While compensation tied…
Both buyers and sellers of incentive travel programs were surveyed in the 2020 incentive Travel Industry Index (ITII) , a joint initiative of FICP (Financial & Insurance Conference Professionals), IRF (Incentive Research Foundation), and SITE Foundation (Society for Incentive Travel Excellence in association with Oxford Economics. The findings indicate we…
Is it HR? What type of experience should the program manager have? AskMadison looks at the skill sets needed by the employees who create and manage the program designed to spread appreciation, cheer, and goodwill to the whole organization. And it’s important to note they are NOT simply “the party…
R&R should permeate your culture to create a successful, sought-after organization. Apply your premier program in recruiting, employee growth and retention for maximum benefit “Do you celebrate and recognize your team?” This is a question that has become increasingly important to job seekers as they weigh their decisions for accepting…
Enterprise-level companies and leadership can and should champion a program for their employees. Large companies must seek to eliminate red tape and simplify to make things happen. We explore how to step back and remember the benefits of a personalized R&R program that offers a small-company feel Big company characteristics…
All business leaders need to justify the investments they make. HR executives are no exception. With employee recognition programs generally funded at 1% (or more), it’s important to understand and be able to explain how they impact worker retention and productivity, corporate revenues, and customer loyalty. Over the next few…
A budget squeeze shouldn’t necessarily lead to reducing investment in your R&R program. In fact, research suggests programs that engage employees are good for the bottom-line. Employees need to feel that leadership is genuine when potential dollar reductions are considered for R&R programs dedicated to them; what could leadership do…
Imagine if everyone in your company, from the CEO to controller to developer, grew up in the same town and graduated from the same college, the same year, with the same degree. Taken to such an extreme, homogeneity has obvious shortcomings, particularly if your business needs to target those with…
