The tide turned sharply this year for the U.S. payments card industry’s EMV migration, changing from a holding pattern to serious action plans. When U.S. payments networks in 2012 announced EMV liability shifts going into effect in October 2015 – to encourage chip card adoption – many issuers and merchants were circumspect about their plans.
The employee incentives industry offers companies a seemingly endless selection of rewards, incentives and gifts designed to help boost employee satisfaction, stimulate sales teams or prioritize one initiative ahead of another. A great incentive program can help achieve any or all of these goals, but without strategic planning it can quickly become exceptionally costly, time-consuming and hard to manage. The truth is that not all rewards are created equal. So how do companies streamline incentive programs and drive results?