Incentives in Corporate America: “a Whopping, Major-League Industry”

The benchmarks are in, and the numbers are huge: U.S. companies spent $46 billion on travel and merchandise incentives in 2006, according to a study sponsored by the Incentive Federation, an umbrella organization that conducts lobbying and research efforts on behalf of the incentive industry. Of that total, $32.7 billion was spent on merchandise and $13.4 billion on incentive travel.

“The use of incentive programs is bigger than ever, and it is growing,” said Bruce Bolger, managing di

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish