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.
Welcome back to work! I hope you had a relaxing and fun-filled Labor Day weekend. The idea of paying tribute to the contributions and achievements of our workers is not new. In fact, it became a federal holiday way back in 1894. As a society we realized early that the…
Is your company reevaluating or restructuring its go-to-market strategy? Is it changing the way sales people approach customers and position solutions? As technology progresses and market forces shift, most companies are modifying their sales methods so they can more effectively address changing consumer tastes and evolving needs. If that sounds…
Ask anyone who works in marketing and they will reiterate that the number one priority of the company’s business plan is to put the customer first. In practice that means understanding and catering to their needs and wishes, crafting an exceptional experience and measuring the real impact initiatives are having…
What is emotional intelligence and why has it become such an important topic for companies? Essentially, EI is an individual’s innate ability to recognize and manage their emotions and to also understand how their actions influence others. Companies looking to build workplaces defined by mutual respect put a premium on…
In my last post, I talked about the power behavioral economics can bring to any rewards program. I stressed that those who knew the science and understood how it impacted human behavior could capture real advantages. In part one, I outlined the appeal and motivational pull that non-cash currencies have…
Companies who don’t leverage the power of behavior economics within their incentive plans are operating at a major disadvantage. They are ignoring the very real (and very actionable) lessons learned from the fields of psychology, neuroscience and sociology. In essence, they are disregarding the role emotions play in their employees’…
It’s no coincidence that the word “feedback” contains the root “feed.” Many business experts consider it “nourishment” for workers, and note that without a steady diet of it, the interest and enthusiasm of employees will wane. When dished out frequently (and digested properly) feedback provides talent with the substance they…
In my last posting I talked about the positive impact employee recognition can have on retention. I offered a collection of statistics that defined its return and quantified the material impact it has on business. In this edition, I’d like to continue that discussion by outlining the symbiotic connection between…
In my last two posts I offered several stats that identified recognition’s impact on worker retention and productivity. To review, employee engagement triggered by the timely and consistent use of recognition, effects how profitable a company can become over time. Examining companies with higher levels of engaged employees uncovered noticeable…
According to the Bureau of Labor Statistics , nearly 1 out of every 8 full time employees makes their living in a sales capacity. Companies that employ salespeople have a lot riding on their success, which is why they spend over $20 billion per year training them. How do those…
