IRF 2025 Trends Report - Incentive Research Foundation

Incentives continue to be an effective tool that businesses are using to gain competitive advantage, but programs and rewards poised for change to stay relevant in 2025.

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Solar For All | US EPA

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Aug 16, 2024 · Under the $7 billion Solar for All program, the 60 grant recipients will create new or expand existing low-income solar programs, which will enable over 900,000 households in low …

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Jul 23, 2024 · Commentary How much teachers contribute to their retirement benefits in each state Most states require teachers to pay between 5% and 12% of their pay, with the employer …

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FAQs about IRF 2025 Trends Report - Incentive Research Foundation Coupon?

How will incentive programs change in 2025?

As we enter 2025, incentive professionals are focused on budgets, cost reductions, and efficiencies, after inflation and rising costs caused a great deal of uncertainty in 2024. Incentive programs and rewards will also see significant shifts in response to evolving corporate priorities, changing audience preferences, and the need for something new. ...

Are incentives still effective?

Incentive programs and rewards will also see significant shifts in response to evolving corporate priorities, changing audience preferences, and the need for something new. What remains consistent is that incentives continue to be an effective tool that businesses are using to gain competitive advantage. ...

Will a younger generation retool incentive travel in 2025?

According to the 2024 Incentive Travel Index, 67% of incentives professionals agree that younger generations of qualifiers will cause a powerful “retool” of incentive travel. Expect to hear edgier music, attend shorter keynotes, and experience more visually stunning Instagrammable moments on incentive travel programs in 2025. ...

How important are incentives & recognition in 2024?

As we begin 2024, incentives and recognition continue to be important tools for organizations. Leadership sees their value, employees are motivated by them, and the industry is positioned for a successful year. ...

Why are incentive and recognition programs important?

Incentive and recognition programs are considered a key to culture building and are instrumental in bringing together a more dispersed workforce. The reach of these programs is also increasing, going beyond top performers to “move the middle” 60% of producers. However, in many cases program expansion may mean increasing pressure on budgets. ...

What are the top cost-cutting measures planned for 2025?

The 2024 Incentive Travel Index reported that decreasing spending on event gifting was among the top cost-cutting measures planned for 2025. Despite reduced budgets, the variety of price points and availability of new types of merchandise make this a flexible, frequently used reward type. ...