Recognized for being truly innovative, empowering to its employees and a great extension of the airline’s brand, the prepaid incentive card was also named Best-in-Category at the All Payments Expo, Paybefore’s Awards ceremony.
The airline’s employee awards system, implemented by Conduent, links recognition and incentive programs to an incentive debit card. Employees can redeem earned recognition points for merchandise or cash.
The Top Motivator category recognizes the best use of a business or corporate funded prepaid card that delivers incentives, rewards or rebates to consumers or promotes their loyal behavior. For nine years, Paybefore Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry.
“In my experience, employee engagement, retention and performance improve when rewards programs are cross-supported among departments, peers and customer relationships,” said Mike Cerone, Senior Vice President and Managing Director of Conduent State & Local Solutions Card Services group. “As (our client) now offers a comprehensive, single-payment platform, employees can quickly convert incentive points to cash, which provides increased visibility around the total value of this program while reinforcing (the company’s) performance culture.”
Conduent has issued more than 75,000 incentive debit cards to the airline’s employees since May 2014, of which approximately 60 percent have been activated. On average, Conduent processes and manages 30,000 deposits per month.
“Some may think there’s nothing new in the world of payments, but the outstanding winners in Paybefore Awards prove that’s not so,” added Marilyn Bochicchio, Paybefore’s CEO. “Emerging payments is packed with opportunity to make a difference for consumers, governments and businesses. And, the companies and programs we recognize through Paybefore Awards are outstanding examples of what can be done when creativity intersects with technology and a deep understanding of unmet needs. We tip our hats to the winners and all those who are making a difference.”
Conduent is a leader in the human resources outsourcing market, delivering solutions in over 70 countries to customers who span all industry sectors.