Photo Credit: Somkiat for Adobe Stock
During the Incentive Marketing
Association's virtual global forum, held April 28, members from across the globe
shared their best practices for creating motivational and meaningful programs
and rewards for multiinational, cross-cultural participants.
The participants concluded that incentive and recognition
programs designed to reward multinational firms’ employees, channel sales teams
and customers should address the wide range of winners’ local mores, rules and economic conditions, as well
as winners’ reward preferences.
Following are these IMA incentive
professionals' recommendations for organizing successful global programs:
- Meaningful recognition is
about personalization and emotional connection — whether through merchandise,
gift cards or unique rewards such as livestock in remote regions — ensuring
recipients feel genuinely appreciated.
- Cultural differences can impact recognition preferences significantly. In Japan, for example, team
recognition is preferred rather than recognizing individual employees.
- Successful international
incentive programs require collaboration with local leadership and partners to navigate a country's or region’s regulations, tax laws, logistics, value-added tax and compliance rules, as well as winners’ reward preferences.
- Factor in the economic
realities of different countries and populations — for example, taking into account the cost of living, the currency
exchange and the infrastructure of the destination.
- Take time to research packaging
requirements, legal disclosures, customer-service expectations and product
restrictions. These vary by country and region.
- Note that incentive-reward
preferences differ globally, with merchandise remaining highly valued in
regions like Latin America, while North American recipients prefer gift cards.
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In many cultures, generational shifts are
changing recognition expectations. For instance, younger employees prefer frequent,
personalized and peer-to-peer recognition experiences over traditional
long-term service awards.