Budgets for recognition programs are straightforward, typically based on a percentage of payroll (1.5% to 2%). Budgets for incentive programs have more variables, but in all cases, the revenue they generate should exceed the budget. (Credit: Satenik Guzhanina/Shutterstock.com) Budgets for recognition programs are straightforward, typically based on a percentage of payroll (1.5% to 2%). Budgets for incentive programs have more variables, but in all cases, the revenue they generate should exceed the budget. (Credit: Satenik Guzhanina/Shutterstock.com)

We all need motivation. Getting back to work on a Monday morning. Cleaning out the garage. Starting a new fitness program. We want the results. But that doesn't mean we're motivated to start.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Agency Management
Recruitment