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Now that 2021 is well on its way, the Incentive Research Foundation (IRF) has delved deep into incentive market predictions. Their Industry Outlook for 2021 report examines recent trends in detail and analyses correlating forecasts. Although some areas of the industry have been impacted by the pandemic, rewards programs have held steady in most organizations and per person spend on recognition is unchanged. Even though the IRF’s new findings are US-specific, the Canadian landscape has historically been similar. Let’s look at the key data.

More and more, companies are focusing on the well-being of their employees. Unsurprisingly, the pandemic has impacted the mental health of Canadians. Since COVID-19 has disrupted regular life, only 55% of people report having good or excellent mental health.

We are happy to announce that DoorDash physical gift cards are now available!

Did you know that January 16, 2021, is National Use Your Gift Card Day? Yes! This is a special day organized by the Retail Gift Card Association (RGCA) to remind consumers to utilize their unspent gift cards. With the peculiar year that just ended, this form of gift was popular more than ever this holiday season.

With the holidays around the corner, now’s the time for companies to show their teams a big ol’ dose of appreciation. After the year we’ve just had collectively, it’s extra important for management teams to showcase their employees’ hard work and reward them a little (or a lot). We’ve often talked about gift cards being the best type of reward in the workplace. Employees love receiving them more than any other type of gift and the holiday season is no exception. In fact, our data shows they are most popular this time of year! Here are a few reasons why opting for gift cards is the best and most convenient solution.

We are happy to announce that Ôrigine artisans hôteliers physical gift cards are now available!

We are happy to announce that H&M physical gift cards are now available!

With the holidays fast approaching, it’s time for company leaders to craft their gifting strategies while adapting to unusual and trying times. Deep-rooted traditions have never been so profoundly shaken and the season of giving won’t be any different. With a high percentage of people working remotely or self-isolating for safety reasons, habitual office potlucks or happy hour mingles with clients won’t be possible this year.

In these uncertain times, how companies treat their teams will be remembered for years to come. According to Forbes, how businesses respond will have a lasting impact on employee behaviour including, engagement, productivity and loyalty. Health and well-being, financial stability, and job security are top concerns for employees, and employers can help address those fears in meaningful ways.