When approaching your boss' office, sales incentive budget in hand, ready to ask for final approval on your incentive program, it's one of those sweaty palm, do-or-die moments. Make a mistake here and you know it's going to be visible, memorable—and ugly. Who wants to be remembered as the "genius" who went over budget and had to downgrade the travel incentive from Rome to Rochester?
How can you be sure that you’ve considered all the angles?
In our 40+ years in the business, we've seen clients struggle on their own and bring us just about every possible budgeting blunder. What can you learn from the mistakes of others? Here are our top five budgeting tips:
By learning from the mistakes of others, you can create an incentive budget that is accurate and reliable. Besides, once this foundational work is done, you can turn your attention to the other aspects of program development—like, "should the day trip be to Pisa or Florence?"
How can organizations amplify their influence through authentic brand experiences at scale? The Augeo team was thrilled to bring this powerful topic to a global audience of HR leaders and dynamic change agents at CultureCon, where the future of workplace engagement is revolutionized.
By offering tailored experiences, embracing blockchain-backed digital assets and supporting social causes, businesses are equipped to meet the evolving needs and expectations of their audience—cultivating lasting relationships built on trust and shared values.