Edina, MN, December 14, 2011 – BI WORLDWIDE, a global business improvement company, recently released an article called Keeping up with the Joneses that outlines the importance of using tangible (non-monetary) employee rewards as part of an overall compensation strategy. The article discusses the Hedonic Treadmill theory as it relates to annual salary increases and the positive impact non-monetary rewards can have on employees.
Tim Houlihan, vice president of the reward systems group at BI WORLDWIDE, is a thirty year veteran of the....