The Corporate Executive Board: What the Best Companies Do
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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%