Employee Recognition, Employee Incentives & Loyalty Programs

Glossary of Terms

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

A

Achievement

Something accomplished successfully, especially by means of exertion, skill, practice, or perseverance. The process or fact of achieving something. The … read more →

B

Bonus

A payment or gift added to what is usual or expected, in particular. An amount of money added to wages … read more →

C

Cash

(Incentive Reward) While incentive program participants often state that they prefer cash to non-cash rewards, research has shown that cash … read more →

Channel Incentives

Channel or Dealer incentive programs are used to improve performance for dealer and channel resellers using sales incentive programs. These … read more →

Consumer Incentives

Consumer incentive programs are programs targeting the customers and consumers of an organization. In a recent study conducted by Bain … read more →

D

Dealer Incentives

Dealer or Channel incentive programs are used to improve performance for dealer and channel resellers using sales incentive programs. These … read more →

E

Employee Incentives

Employee incentive programs are programs used to increase overall employee performance. Employee programs are often used to reduce turnover, boost … read more →

Employee Motivation

Motivation is the reason or reasons for engaging in a particular behaviour. According to Gareth R. Jones and Jennifer M. … read more →

Experiential Rewards

Rewards which provide program participants with an experience. This form of reward gives organizations the ability to offer their employees … read more →

G

Gift Card

Gift cards/certificates are prepaid retail cards or certificates which are redeemed at a later time at checkout. In general, they … read more →