Presented by: Mike Ryan, SVP Madison Performance Group
Cash may be king, but when it comes to incentive awards, noncash awards often are more effective. Defined as awards that are administered apart from employees’ paychecks, noncash awards — which can include intangibles such as praise from a supervisor or workplace flexibility and nonmonetary compensation such as a gift cards or merchandise – are flexible and impactful. In this webcast, Mike Ryan of the Madison Performance Group discusses how noncash enticements can be used to encourage better performance and boost returns on your organization’s compensation investment.
About the presenter: Mike Ryan is a senior vice president at Madison Performance Group. In his work, Mr. Ryan has worked with many of the world’s leading brands and executives to define program strategies that minimize costs, deliver a higher level of motivational impact to participants , increase planning flexibility for stakeholders, and offer the financial controls and projected returns that sponsors demand. Mr. Ryan has been quoted and published in numerous media outlets and is a frequent speaker at industry events. He is president of The Performance Improvement Council (PIC), a board member of The Incentive Marketing Association (IMA) and a trustee of the Incentive Research Foundation (IRF).