Current Events/Media Exposure
Use of Incentive Travel Awards by U.S. Businesses White Paper
Incentive Federation has published a white paper using pertinent information on Travel Awards from its latest Market Sizing Study. Review the paper here. IFI Members received this sooner. Join today!
Washington Quarterly Review-Issue 2 is HERE!
The Internal Revenue Service may eliminate the deferral of income from the sale of loyalty points and frequent flier miles. George Delta, Esq. discusses the possibility in this issue. Want to receive valuable information like this sooner? Join today. Members received it last week.
U.S. Business Use of Incentive Merchandise and Gift Cards White Paper
Incentive Federation has published a white paper on the use of incentive merchandise and gift cards by U.S. businesses. The data highlighted in the paper comes from IFI's last market sizing study. Review the white paper here. Please note that IFI Members received the paper sooner. Join today!
Washington Quarterly Review-Issue 1 is HERE!
On February 24, 2014, outgoing chairman of the House Committee on Ways and Means, Rep. David Camp (R-MI), released his plan to simplify and modernize the Internal Revenue Code. Find out more here. IFI Members received the Review sooner. Join today!
George Delta receives IMA President's Award at PPAI Expo 2014
Last night, outgoing 2013 IMA President, Mike Arvelo, presented IFI's George Delta with their President's Award. Upon acceptance of the award, Mr. Delta shared that his three industry mentors were: Howard Henry, Karen Renk and Pete Erickson. "No one has done more for the industry than these three," He said. Mr. Delta stated that his mentors are "smart folks, always caring and compassionate, patient, good listeners and people of their word."
Congratulations, George! You are truly deserving of this award and we are incredibly fortunate to have you on our team.
Incentive Federation Inc. to attend PPAI Expo 2014
Incentive Federation's Attorney, George Delta, and Managing Director, Jessica Tadlock, will meet Expo participants to provide a perspective based on the Federation's 30 year history in the marketplace. Delta and Tadlock will discuss the current state of government affairs and how it affects the marketplace and provide dialogue on the findings of Incentive Federation's new Incentive Market Study. Full Press Release.
Incentive Federation Inc. Market Sizing Study Complete!
Incentive Federation Inc. shared its latest study, conducted in partnership with Aspect Market Intelligence, during IMEX in October. The study shows that the non-cash market spends approximately $76.9 billion annually on incentive travel, merchandise and gift cards. Read the full study here.
Incentive Federation Inc. would like to thank its loyal members and the following sponsors for their support:
Incentive Federation Inc. at PPAI Expo
Incentive Federation Inc. will attend the 2013 PPAI Expo in Las Vegas, NV to soft launch its new Right to Recognize Initiative. Please stop by booth 8307 (upper concourse) to chat with Managing Director, Jessica Tadlock and Executive Director, George Delta about this new grassroots campaign.
Occupational Health and Safety-Hands Off 274(j)!
Incentive Federation's own, Brian Galonek, addresses the importance of Section 274(j) of The Internal Revenue Code to businesses and the Industry alike. Read more here.
Incentive Federation Affirms Incentive Use Amid GSA Scandal
As Congressional Committees conduct hearings on the recent GSA spending scandal, IF Executive Director George Delta affirms proper use of incentive programs. Read the full press release here.
Incentive Marketing Association-GSA Scandal
Recent media reports concerning questionable spending by General Services Administration on its "Hats Off" incentive program imply that the expenditures are unjustified and excessive. Read Incentive Marketing Association's recent press release here.
Incentive Magazine-Firestorm Around GSA Meeting Spreads to Incentives
Leo Jakobson of Incentive Magazine reports on the incentive angle of the recent GSA scandal. Read his article here.
Incentive Federation Inc.-Washington Updates
Congress has agreed to a compromise on Payroll Tax Reduction. Read more here.
FinCEN's Anti-Money Laundering Rule imposes new compliance duties on Issuers and Selelrs of Stored Value Cards. Are you prepared? Read more here.
Incentive Research Foundation/Incentive Federation Study Updates
The Incentive Research Foundation and Incentive Federation, Inc. conducted a a study to determine the effectiveness of non-cash awards (merchandise, travel and prepaid cards) in the industry. You can see the Executive Briefing here or review the full report here.
Non-cash incentives are being tapped as a way to both control spending and motivate employees and channel partners in an economy defined by growing austerity. The average employee cash incentive award is now $732--triple the cost of non-cash awards, according to preliminary findings of a new joint study about incentive awards conducted by the Incentive Research Foundation (IRF) and the Incentive Federation. The cash award is not part of base or variable pay, but rather given as an incentive. Read the White Paper here. Read the Executive Summary here.