The IRF's first-ever study focused solely on the European market explores trends in European attendee...
Research / IRF Webinar: Industry Outlook for 2022: Merchandise, Gift Cards and Event Gifting
by Incentive Research Foundation
The Incentive Research Foundation’s Industry Outlook for 2022: Merchandise, Gift Cards and Event Gifting reports an optimistic outlook for 2022 tempered by the lingering effects of Covid, cancellations, and uncertainty in 2021. For the first time ever, this IRF signature study was expanded include European participants. During our next IRF webinar, IRF President Stephanie Harris and IRF Chief Research Adviser Rick Garlick will present this useful analysis of how incentive, rewards and recognition programs are being designed and budgeted for 2022. Webinar attendees will get useful insights and benchmarks on non-cash reward types, average spend, and trends in North America compared to Europe.
The study explores the importance of designing programs that foster timely, frequent, sincere, and consistent recognition that drives employee engagement and satisfaction.
Nearly 90% of North American companies offer employee recognition programs, which boost performance and retention. This report explores best practices for integrating recognition into daily culture and how effective program design enhances these efforts.