BI WORLDWIDE GLOBAL EMPLOYEE ENGAGEMENT
*The EMPLOYEE EXPERIENCE is more important than the reward
* Engagement Solutions must be grounded in BEHAVIORAL ECONOMICS
*Middle Managers are THE KEY to an Engaged Workplace
*It's not GLOBAL unless you're LOCAL
*Points of Differentiation: Technology / Global Credentials / Employee Rewards / Award Value (Employees)
Corporate Profile 47Billion Information Technology
BI WORLDWIDE Global Engagement Point of View
1. BI WORLDWIDE
GLOBAL EMPLOYEE ENGAGEMENT
POINT OF VIEW
THE EMPLOYEE EXPERIENCE IS
MORE IMPORTANT THAN THE REWARD
•
•
•
•
•
ENGAGEMENT SOLUTIONS MUST BE
GROUNDED IN BEHAVIORAL
ECONOMICS
Unique, patent-pending social recognition tool
Manager engagement
Easy and accessible
Online shopping for choice of awards
Social / public recognition
• Thought leader in behavioral economics
• 77% of decisions driven by emotion
− Choice Architecture: all good designs framed for
maximum results
− Preference Reversal: difference between what we
say and how we actually behave
• Primary research with academic leaders in
behavioral sciences
IT’S NOT GLOBAL
UNLESS YOU’RE LOCAL
MIDDLE MANAGERS ARE THE KEY
TO AN ENGAGED WORKPLACE
• More than 400,000 managers received recognition,
program, and platform training
• Built-in manager engagement tools
− Manager Discretionary
− Spot Awards App
− Personalized dashboard
− Comprehensive suite of reports
− Budget meter and reminders
− Engagement reminders
More than
400,000
MANAGERS TRAINED
• 7 BIW Global Headquarters
Operating in
− 34 Offices Worldwide
120 Countries • 18 Customer Care Centers for local support
• Local program support, in time zone and in
language
• Local billing that saves money
• Locally sourced, culturally relevant awards
• Point parity system
2. BI WORLDWIDE GLOBAL EMPLOYEE ENGAGEMENT
POINTS OF DIFFERENTIATION
Technology
Global Credentials
• The most advanced social recognition system in the
industry, leveraging the latest technology
• BIW has the global reach and unmatched local
presence:
• One consistent and consolidated recognition system
− Local program support, in time zone and in
language
− Local billing that saves money
− Locally sourced, culturally relevant awards
• Audience smart technology to combine general
program information with distinct and relevant
content
• The first and only recognition system with responsive
web design
− Provides access to employees using any device at any
time
− Dynamic, visually appealing, and intuitive web design
• We understand local trends, the regulatory
environment, high-level tax regulations (sales,
service, VAT and GST)
• We supply all tax reporting data and track
client tax practices
• The most robust system with more employee
engagement apps and manager engagement tools
• Award earnings management system to
manage varying point values around the world
• The ultimate in scalability to support any audience
size, number of countries, languages, and segments
• In-country billing
• Industry-leading innovation
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Recognition PURL
UDrawit
Gamification
Personalized dashboards
New Apps on the way
• Flexibility to connect G5 to ERP/HRIS/CRM systems
• Both multi-tenant and customizable single-tenant
website configuration and pricing
• Our technology is award agnostic
− While our research and experience, backed by academic
studies shows online shopping as a better value, our
recognition system is designed to support the use of gift
cards.
− Typically saves our customers 3-5% of their
total awards budget
Employee Awards
• Global Awards
− Local sourcing and fulfillment
• US Catalog
− More than 2.5 million choices including
merchandise, travel and event
experiences, vouchers, movie tickets,
books and music downloads
− BIW provides a best-in-class online
shopping experience that reflects the
market trends (17% increase)
• Unmatched fulfillment and customer
support services
• Simple one-step redemption
• Awards are inclusive of applicable tax and
shipping
• BIW continues to expand and refine our
US and global reward offerings
3. BI WORLDWIDE GLOBAL EMPLOYEE ENGAGEMENT
POINTS OF DIFFERENTIATION
Award Value (Employees)
• BIW delivers the most value for your employees, a more engaging online shopping experience, and a lower potential tax burden.
• BIW awards are priced at or near retail pricing. Often our awards are priced below retail.
− We compared our pricing with retail on our top 100 redeemed items. As illustrated below, items under $25 were actually 9.52% below retail on average.
% Above /
Below
BIW Top Redeemed Items Compared to Retail
5.46%
6.00%
2.91%
4.00%
2.00%
0.00%
-2.00%
Up to $20.00
$20.01 - $25.00 $25.01 - $50.00
Retail
Price
-4.00%
-6.00%
$50.01 $100.00
-8.00%
-10.00%
-9.52%
-9.25%
• The tax burden related to tangible awards is significantly lower than cash or cash equivalent awards. Tangible awards are taxed at Fair Market Value
(FMV), while cash/equivalent awards are taxed at 100% of the value.
Cash / Cash Equivalent
BIW Non-Cash Awards
Taxable
Not Taxable