Corporate incentive travel is an excellent way to motivate and reward your valuable employees. Incentive travel can be group or individual, and also the destination can be local or international. But every successful incentive travel program starts off with careful planning.
Listed below are tips to help you plan a corporate travel program which fits your company’s culture, size and available budget:
* Determine your corporate incentive program goals. In specific terms, establish just what the incentive program should accomplish. This may be more sales, rise in production output or profits, or a decline in defective products, sales returns or lost contracts. Be sure to assign something towards the improvement or reduction – a share, absolute number of units or contracts, or even a dollar figure.
* Select the target group to the program. This can be management, employees, salespeople, or even customers.
* Find out what the target’s values, interests and preferences through paper surveys or interviews. Then browse our corporate incentives guide to match up preferences with available packages in your cost range.
* Considering past performance and employee behavior, establish reasonable tasks to your target group.
* Be sure to have a performance tracking system in position with a clear method to measure incentive program results.
* Brainstorm what obstacles may exist for the success from the incentive travel agents. This can be current employee morale, organizational structure or market conditions.
* Decide if the program will be managed internally or outsourced to a agency.
* Understand applicable tax implications. Travel can be taxable to recipients under certain conditions, and special tax forms are usually necessary.
* When deciding on a corporate incentive local travel agency, be sure it agrees to fulfill what is promised for the budgeted cost, and that you understand its cancellation policies.
* Following your program, survey winners and non-winners to discover whether or not the program was successful in meeting the target.
Corporate Travel on the Smaller Budget
In case you can’t afford to whisk your top performers off to Europe on the private jet, you could still reward your workers with incentive travel that they can enjoy.
When you can find a way to send your team away with a teambuilding retreat, it won’t have to be a long way away. Campsites and resorts, even a day with a chartered boat can make a memorable experience. For individuals, it’s really a better idea to transmit your recipient somewhere exotic enough to be memorable. Whenever possible, allowing a spouse or children to accompany your employee is also a good plan.
Check out about travel incentive companies explore this useful net page: click for more
