LoyalNation Introduces Updated Version of P.R.I.D.E. PlatformTM, Featuring Social Media Approach for B2B, Employee Engagement

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Sales incentives, sales channel partner loyalty part of LoyalNation’s software, providing rewards and recognition to enhance employee and customer engagement. Measurement tools enable managers to analyze data and evaluate productivity. Peer-to-peer recognition another key aspect of web-based program.

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The P.R.I.D.E. Platform provides an easy-to-use solution for employees to both recognize and be recognized -- Dr. Paul Marciano

Recognition and rewards company LoyalNation launches an updated edition of its P.R.I.D.E Platform technology this month, when client firms adopt customized programs that support critical internal and business-to-business relationships among managers, employees, sales channel partners and vendors within exclusive social networks.

The P.R.I.D.E. Platform acronym stands for Promoting Recognition and Incentives to Drive Engagement, describing the essence of the web-based program that delivers dynamic and flexible functionality. The P.R.I.D.E. Platform enables participants to recognize and incentivize key business partners with redeemable points, incentive travel, logoed business gifts or a simple thank you in a Facebook-like environment that reaches small teams or a company-wide audience. The social media tools also encourage and facilitate peer-to-peer recognition, which drives enhanced employee engagement, a key attribute of the most successful companies.

“Research shows that employee recognition is a critical driver of employee engagement and, unfortunately, something often poorly done by organizations and their managers. The P.R.I.D.E. Platform provides an easy-to-use solution for employees to both recognize and be recognized by others in their organization and holds the potential for significantly increasing employee engagement and productivity,” offered industry expert Dr. Paul Marciano, a LoyalNation partner and author of the internationally-acclaimed business book “Carrots and Sticks Don’t Work: Build a Culture of Employee Engagement with the Principles of Respect” (McGraw-Hill Professional Division 2010).

The functionality includes mechanisms to recognize years of service, health and wellness, safety incentives, new business referrals, customer service accomplishments and other categories. Companies can measure, track and manage their entire incentive, rewards and recognition programs from a single, private-labeled platform designed in accordance with the needs and culture of that firm.

“The P.R.I.D.E. Platform supports the best practices of recognition and rewards through systemic design with tools to measure the effectiveness of the program.” said Dave Schroeder, President of Charlotte, NC-based LoyalNation. “It is cost effective and efficient in design, deployment and ongoing support. Research clearly demonstrates that strong employee recognition and engagement results in enhanced revenue and profits for both large and small companies.”

The sales incentive programming component of the P.R.I.D.E. Platform is Performance Jet™, a module with design flexibility that allows for performance rankings, discussion groups, blogs, comments, information dissemination on products or industry developments and a searchable database to find any of that detail. It also includes an online virtual mall with access to millions of merchandise and incentive travel options, gift cards enabled for hundreds of retailers, reloadable and single load debit cards and a company’s own corporate store of logoed items or other awards of choice.

All aspects of the P.R.I.D.E. Platform are specifically customizable for employees, sales teams, sales channel networks, franchises and company clients/customers.

The LoyalNation Board of Advisors includes founder J.C. Faulkner of Charlotte, the former head of industry-leading HSBC Mortgage Services who has been involved in the loyalty and incentive industry as a client and investor for over ten years, and Tom Reddin, former CEO of LendingTree and of the prominent NASCAR team Richard Petty Motorsports. The president of LoyalNation, Schroeder, is a 15-year executive in the financial services industry with organizations including Bank One, Wachovia and HSBC. Privately owned, LoyalNation also has offices in Kansas City, MO, and Jacksonville, FL.
Contact: Steve Griffith, Vizion Group PR, 484 433 7757, sgriffith(at)viziongroup(dot)net

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Steve Griffith
Vizion Group
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