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Reward Portals Streamline and Personalize Workforce Recognition Experiences

August 5, 2012 | By Mike Ryan

It is not uncommon for companies to have multiple non-cash award offerings in place operating across the enterprise. They may be the remnants of legacy recognition programs that have survived a merger, an acquisition or a series of organizational realignments. Or they may simply be regional efforts; conceived by a local facility manager and administered from the desktop of local support staff. In fact, a recent audit conducted by Madison suggests that for every reward program known to headquarters, another four to five are operating under the radar. And while all this activity may reflect a growing confidence in the power of sales incentives and employee recognition programs to motivate people, they also represent a missed opportunity for businesses that, in the end, rely on them to propel performance and ignite engagement.


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ABOUT THE COMPANY

​Nearly five decades ago, our founder, Werner Haase, started Madison in 1975. Beginning as an incentive company, Madison had the first internet-based sales contest in 1995, followed a few years later by the first consolidated recognition web portal application.

 

Madison has evolved through consistent organic growth from a starter incentive company in the 1970s to a leading global social employee recognition and incentive company.  

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315 Madison Avenue

New York, NY 10017

212-758-4385

info@madisonpg.com

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