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.
With burnout rates at an all-time high and employees craving leaders and companies that prioritize their well-being, employee recognition has never been more paramount. Compliments on their work and shoutouts in important meetings are a great start, but when your employees go above and beyond, your rewards should, too. You…
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…
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…
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…
The deployment of employee reward and recognition programs has been rising rapidly. Two decades ago the number of businesses using such initiatives was only 26%. Today that number stands at 84%. Within that widespread utilization, 77% of all programs are designed to reward high-quality work (vs. just years of service)…
With year-end planning sessions already underway, companies look to make better decisions on how all of their resources can best serve the business. The problem is that many senior executives question their managers’ abilities to do just that. Sixty percent say their managers make bad decisions as often as they…
Some organizations think of employee engagement from the bottom up. They survey their workers, assess results and track data points. While all of that is a good way to measure the commitment of your workforce, it’s not the best way to manage it. I used the word “manage” here for…
Even though non-cash award budgets represent a small fraction of your total rewards portfolio, they still constitute a significant investment. It’s important that your administrative infrastructure includes both the monitoring and analytical devices you need. HR has always had a handle on its compliance responsibilities. It’s always embraced and utilized…
Recently, The New York Times’ Business Day featured an article discussing the bonus culture on Wall Street. According to a prediction report from Johnson Associates, Bonuses in the financial industry last year were expected to fall 5-10 percent… Nathaniel Popper, The New York Times. The article reported that last year…
At the end of my last posting I promised to share the secret to implementing a high-performing, high-touch recognition strategy without breaking the bank. So what’s the answer? How do you involve and influence all of your employees without driving up costs? The answer lies in two words — social…
