Toolbox Executive Board
1919 North Lynn Street Arlington, VA 22209 Telephone: 571-303-3000 Fax: 571-303-3100
The Corporate Executive Board: What the Best Companies Do
Toolbox.com is a wholly owned subsidiary of the Corporate Executive Board. To find out if your organization is a member of the Corporate Executive Board, please visit www. executiveboard.com or call 1-866-913-6447 to learn more about the research and services provided by an annual membership. Through its premier network of leading practitioners, the Corporate Executive Board powers the decision-making of the most successful enterprises and business leaders by providing authoritative and timely guidance on the most important topics. With CEB’s insights and actionable tools, your team is smarter, faster, …show more content…
0% Cash Gift Certificates Consumer Additional PTO Products (TVs, iPods, etc.) Other
© 2008 Corporate Executive Board. All Rights Reserved.
COMPENSATION ROUNDTABLE™
B ENCHMARKING R EWARD AND R ECOGNITION P ROGRAMS
Program Design Ownership & Resources Training & Communication Measurement & Management
PAGE 8
K EY FINDINGS
Select R&R Form and Types (Continued)
For Their Spot Awards Program, More Than Half of Organizations Offer Awards That Are Less Than $500 in Value According to the same Roundtable analysis , more than half of organizations with a spot awards program offer awards valued between $1 and $500 (57%). However, a significant portion give awards that are between $500 and $1,000 in value (38%). Figure 9 below depicts the typical value of spot awards given by organizations that participated in the Roundtable’s 2007 study.
Figure 9: Typical Value of Spot Awards (N=37)
40% Percentage of Organizations
57% of organizations give awards valued between $1 and $500
38%
22%
20%
19% 16%
The Corporate Executive Board: What the Best Companies Do
Toolbox.com is a wholly owned subsidiary of the Corporate Executive Board. To find out if your organization is a member of the Corporate Executive Board, please visit www. executiveboard.com or call 1-866-913-6447 to learn more about the research and services provided by an annual membership. Through its premier network of leading practitioners, the Corporate Executive Board powers the decision-making of the most successful enterprises and business leaders by providing authoritative and timely guidance on the most important topics. With CEB’s insights and actionable tools, your team is smarter, faster, …show more content…
0% Cash Gift Certificates Consumer Additional PTO Products (TVs, iPods, etc.) Other
© 2008 Corporate Executive Board. All Rights Reserved.
COMPENSATION ROUNDTABLE™
B ENCHMARKING R EWARD AND R ECOGNITION P ROGRAMS
Program Design Ownership & Resources Training & Communication Measurement & Management
PAGE 8
K EY FINDINGS
Select R&R Form and Types (Continued)
For Their Spot Awards Program, More Than Half of Organizations Offer Awards That Are Less Than $500 in Value According to the same Roundtable analysis , more than half of organizations with a spot awards program offer awards valued between $1 and $500 (57%). However, a significant portion give awards that are between $500 and $1,000 in value (38%). Figure 9 below depicts the typical value of spot awards given by organizations that participated in the Roundtable’s 2007 study.
Figure 9: Typical Value of Spot Awards (N=37)
40% Percentage of Organizations
57% of organizations give awards valued between $1 and $500
38%
22%
20%
19% 16%