U.S. Federal Regulations and Non-Cash Awards
The Incentive Research Foundation
January 15, 2018
An IRF Signature Study
In 2017, to develop a baseline understanding of the awareness, understanding, and accommodations of U.S. businesses regarding regulations impacting reward and recognition programs, the Incentive Research Foundation launched its inaugural Regulations Signature Study. The research examined program owners’ understanding of the regulatory environment, generally as well as in relation to six key regulations (DOL Fiduciary Rule, 274j, OSHA, FLSA, Fair Market Value, and Sweepstakes/Lottery). The survey was designed and executed by Intellective Group during the summer of 2017 to a cross-section of 419 businesses, 106 operating in the financial services sector. Program owners were targeted based on sector and revenue size: $5 - $9.9 million, $10 to $99 million, $100 to $999 million, and $1 billion or more. The findings are weighted by revenue size, and are statistically representative of the population of U.S. businesses with a 95% confidence level and a 5% margin of error.