The Incentive Foundation Research organization has published a research report "Establishing the Intangible, Non-Financial Value of Awards Programs".
More than 80 % of the market value of publicly-traded firms is attributed to intangible value. Intangible benefits such as culture, collaboration, teamwork and innovation play an important role and are a critical component of the most impact incentive, rewards, and recognition programs.
Please see below some interesting statistics from the report.
PeopleCart helps organizations automate their R&R programs, launch structured interventions and build a culture of Recognition.