B2B Industry Leaders Providing Best-in-Class HR Services Celebrated in Annual Recognition

 PINE BOOK, NJ (January 29, 2024) – Inc. Business Media recently announced its second annual 2023 Power Partner Awards, honoring 389 business-to-business (B2B) organizations around the globe that have proven track records for partnering with organizations and furthering their overall business growth. Rymax, the premium and incentive industry’s pioneer in loyalty marketing, was honored in the highly competitive “Human Resources” category, celebrating businesses providing best-in-class HR services to the $157 billion global market.

“As a pioneer in the incentive industry for nearly 25 years, it’s incredibly validating to be recognized by Inc.’s Power Partner Awards for our innovative efforts in employee retention and engagement, especially since employees are a company’s biggest competitive advantage,” said Eve Kolakowski, CEO and President of Rymax. “Motivated employees are likely to be more productive and provide better customer service, which is why offering unparalleled employee-incentive programs to help keep them feeling appreciated becomes so critical in solidifying market leadership.”

Undeniably, turnover is expensive, with research suggesting that direct-replacement costs can reach as high as 60% of an employee’s annual salary. Effective employee-retention programs can help mitigate employee churn since studies reveal that 63% of employees who feel recognized are less likely to seek a new job. Fostering a culture of recognition not only helps retain employees but also helps attract top talent.

“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey,” says Scott Omelianuk, editor-in-chief of Inc. Business Media. “Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life.”

Since 1999, Rymax has fostered relationships with hundreds of prestigious brands to offer customers thousands of reward options across various product categories, ranging from designer fashion and luxury accessories to home essentials and technology. Recently, Rymax announced a partnership with Capital One, enabling the global financial products and services leader to provide eligible Capital One rewards cardholders access to sophisticated merchandise-rewards programs. Through the collaboration, Capital One’s rewards cardholders can now redeem their rewards from a wide range of Rymax’s top-tier merchandise from popular brands such as Apple®, Dyson, Tumi, Gucci, Bose, Samsung, and Marc Jacobs.

Click here to view the complete Inc. 2023 Power Partner Awards list. The November 2023 Issue of Inc. magazine is available online at https://www.inc.com/magazine.

About Inc. Business Media:

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest- growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About Rymax:

Launched in 1999 and headquartered in Pine Brook, NJ, Rymax is the leading full-service provider in the incentives industry, which builds loyalty-marketing programs of the most in-demand and motivational rewards. The company is committed to providing its clients with unlimited brand-name rewards, a robust recognition and rewards platform called MaxSite™, award-winning reward fulfillment, and a dedicated account team to service all loyalty marketing needs. Rymax is a nationally certified Women’s Business Enterprise (WBE) by the Women’s Business Enterprise Council (WBEC). For more information about Rymax’s award-winning programs and rewards portfolio, visit rymaxinc.com or call 866-RYMAX-11.

# # #