An external host reduces the demands on firms' own IT networks without forfeiting the customization abilities needed to meet specific goals.
There are a number of benefits to running incentive programs. Companies can use them to bolster the engagement of their staff, meet specific objectives or even institute cultural changes. However, many firms resist launching these programs due to the technical challenges of carrying out such initiatives.
Specialists like Xceleration can help businesses set up programs and will even host the networks on their servers. This reduces the demands on firms' own IT networks without forfeiting the customization abilities needed to meet the specific goals of each organization. Customization is one of the keys to implementing a successful incentive program. Each company has its own culture that will impact the decisions it makes about what goals to pursue and what rewards to offer.
A study by the Incentive Research Foundation found that tangible rewards were often more effective motivators than cash bonuses. To gain the most from their workers, companies should consider programs that provide a range of merchandise for employees to choose from. Employees of companies that host programs on Xceleration's network will be able to connect and browse the reward options at their leisure so they can be sure to get the rewards that they want. This will increase workers' willingness to participate in such initiatives and could help firms achieve their objectives faster.