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Cost Containment and Employee Engagement-Can These Competing Goals Be Reconciled?

May 1, 2011 | By Mike Ryan


Across industries, value propositions have become increasingly people-based. No matter what the business model, firms are relying on the ability and attitudes of their people—more so than any new technology or product offering—to set them apart from rivals. But with compensation comprising up to 70% of a company’s cost structure, economic conditions have forced many companies to freeze or make multiple downward adjustments to their base and variable pay programs.


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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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