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Newswire

Here is news from throughout the world of rewards recognition, including research, company news, mergers and acquistitions, etc.

Guest Insight: Gifts Waste Money...Unless You Do it Right

Published: Jun 7, 2022

When comparing the Five Languages of Appreciation in the Workplace, it's easy to see that employees overwhelmingly don't choose tangible rewards as the primary way they want to be shown appreciation. Only 6% of employees identify tangible gifts as their primary language of appreciation, according to extensive surveys conducted by our company. And they also choose tangible gifts as their least valued language almost 70% of the time. That doesn't mean your company should give up their use: just understand how best to use them. ... [ read more ]

Wanted by IRR Agency--Business Insights Manager--Is This the New Direction for the Field?

Published: Jun 1, 2022

Over the last several months, RRN has published a series of articles about the changing world of incentives, rewards, and recognition in the new world of stakeholder-oriented human capital management. See RRN: Mixed Response in IRR Industry to Rise of Human Capital Management. As a result, this job advertisement we recently saw posted on LinkedIn from HMI Performance Incentives, a Norwood, MA-based performance improvement company, caught our eye. Chief Strategy Officer Lincoln Smith recently appeared in an EEA YouTube video on the state of awareness in the IRR business. ... [ read more ]

IRR Town Hall Industry Meeting: Is it Time for a 'Got People' Campaign?

Published: May 16, 2022

There are very few CEOs who have not experienced the wonders of a well-designed retreat in a compelling destination with their significant others and/or unique opportunities to savor the culture along with special memorable gifts for their accomplishments. Yet surprisingly few recognize the same impact these experiences can have on all their stakeholders when part of properly designed, transparent programs aligned with organizational purpose and goals. ... [ read more ]

Adm Group Acquires Lapine, Long-Time IRR Industry Leader

Published: May 16, 2022

Continuing the trend of mergers and acquisitions in the Incentive, Rewards, and Recognition field, Adm Group, a global sustainable marketing execution partner based in London, has purchased Lapine, described as a fast-growing consumer engagement agency, and Effectus, a business process and strategy consulting company. Lapine and Effectus are projected to have combined revenues of over $130 million in 2022. Terms were not disclosed.... [ read more ]

Event Gifting on Fast Track to Recovery

Published: May 9, 2022

Based on calls with principles at multiple event gifting companies, the return to group travel and events has revived the event gifting business, which was hard hit by the pandemic in most sectors. ... [ read more ]

IRR News From Boost, Kazoo, and Kudos

Published: May 9, 2022

Boost Engagement launches Boost Coinz for the SMB market...Rob Catalano helps Kazoo integrate employee voice and rewards...Kudos adds two new board members.... [ read more ]

IRR Veteran Has High Hope for the Marketplace

Published: May 4, 2022

With over 40 years of continuous experience in the IRR (Incentive, Rewards, and Recognition) field, Barbara Hendrickson says she is retiring in September 2022 with a lot of good friends and hope for the future of the marketplace.... [ read more ]


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