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A ground breaking study, funded by The Incentive Research Foundation and conducted by The Forum for People Performance Management, proves that sales incentive programs do work! The study revealed:
- Properly planned and implemented incentive programs increase performance by an average of 22%
- Team incentives increase performance by 44%
- Incentive programs designed to have participants achieve above a stated measurable goal generate the most positive results
- Least effective programs are those that reward a pre-selected number of winners
The biggest performance gains come when your sales team is emotionally engaged. The selection of incentive awards should
have a positive impact on emotion.
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