FICP Releases Incentive Survey Findings

August 18, 2015

Financial & Insurance Conference Planners (FICP) recently released the results of its 2015 Incentives Survey. The survey was conducted to gather trends and data related to incentive programs within the insurance and financial services industry.

Key findings of the report include:

  • The number of incentives offered is largely remaining the same with 74 percent trending the same and 17 percent increasing.
  • 85 percent of respondents indicated that the number of qualifier attendees throughout their incentive programs was either increasing or staying the same.
  • 100 percent of respondents engage a destination management company for at least one service during their incentive programs.
  • 85 percent of respondents hold at least one international incentive program.
  • 83 percent of respondents always or frequently require business sessions during their incentive programs.
  • 40 percent of respondents always or frequently use a mobile app during their program.
  • Incentive programs are largely remaining the same length with 81 percent trending the same and 14 percent increasing.

For more information on this survey, the executive summary is available at www.ficpnet.com/reports-publications. Full survey results are available to FICP planner members in TheNetwork, FICP’s private, online community.

About the Survey: Facilitated by FICP, the Incentives Survey included responses from 91 FICP planner members, representing 40 unique companies. Participants were closely split between insurance and a combination of insurance and financial services companies, while 11 percent plan for financial services companies only.

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