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BI Performance Rewards Story Focuses on the Experience

IRFOver the last few years, RRN has reported on the increased focus on the rewards experience, based on Incentive Research Foundation and other research indicating that non-cash gifts and rewards work best when they are clearly distinguished from compensation; reflect a genuine understanding of the recipient, and create experiences people rarely have on their own when traveling or buying something at retail.
 
The BI Worldwide rewards marketplace exemplifies an approach to non-cash awards long advocated in RRN supported by extensive research by the Incentive Research Foundation that emphasizes the importance of demonstrating a genuine understanding of the recipient and offers experiences they can’t generally experience on their own when traveling or shipping. Click here for a library of research on rewards and recognition.
BI Worldwide 
Click here to view the story BI’s company’s reward marketplace tells about experiences. What makes it noteworthy is that it does not just make claims about it’s reward selection, it tells a story. Here are a few excerpts:
 
“Picture the most exciting shopping experience you could ever imagine. Maybe you’re choosing between a private sailing adventure, zip lining or a virtual cooking class. You might be upgrading to smart home technology, splurging on a new snowboard, or simply buying something you really want but would never usually treat yourself to.”
 
“The best rewards in life are the experiences we share with the people who matter most. With Experiences Marketplace, your participants can check things off their bucket list or celebrate with a local event or staycation. From hotel and vacation rentals to flights, cars, tours, transfers and experiences, the options are endless – and available worldwide! Participants can curate their own custom trips using the built-in Itinerary Builder. Here are just a few of the booking experiences they can choose from:
 
  • Experiences that inspire
  • Day trips and excursions
  • Food, wine, and nightlife
  • Outdoor activities
  • Tours and sightseeing
  • Cultural and theme tours
  • Classes and workshops
  • Sailing and water tours
  • Event tickets
  • Day trips and excursions
 
From hotel and vacation rentals to flights, cars, tours, transfers, and experiences, learn about the endless options from Experiences Marketplace.”
 
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