Meetings & Conventions: Incentive News
Taking off: Miami Air’s incentive business is growing.
Money Is a Top Motivator
Motivation plays a huge role in how well
employees do their jobs, and nothing motivates quite like cash,
according to a survey of 2,000 American workers conducted late last
year by the Society of Incentive & Travel Executives
Eighty-five percent of respondents said their level of
motivation on the job has an impact on the quality and quantity of
Among other findings:
• 59 percent said their companies do not do
enough to motivate employees.
• The most commonly offered motivator is
work-life benefits, such as telecommuting and personal time
The effort doesn’t always come from the boss: 78 percent of
respondents said a high level of motivation from their colleagues
made a positive impact on the company’s products and services.
What kind of rewards are the most meaningful? Cash bonuses came
out on top, cited by 91 percent of respondents. Runners-up: special
training/professional development (74 percent), stock options (65
percent) and travel (61 percent).
Among the rewards that generated the least enthusiasm:
merchandise (43 percent), awards or plaques for reaching goals (42
percent), and lunch with the company president (17).
The SITE Foundation remains based in New York City, even though
SITE itself recently moved its operations to Chicago.
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