Finding and hiring qualified talent is certainly one major HR hurdle, but an equally important one is retaining current talent. Agencies organize a variety of employee incentive programs to aid staff retention.

In its third year, M Booth's eMBy Awards recognize teams that do successful client work. Teams whose campaigns were submitted to external awards (the PRWeek Awards, for example) can be considered for the annual internal award, which awards each winning team member a $1,000 bonus.

While some incentive programs at the ...