Corporate incentive travel is a superb method to motivate and reward your valuable employees. Incentive travel can be group or individual, along with the destination may be local or international. But every successful incentive travel program commences with meticulous planning.
The following are guidelines to help you plan a corporate travel program that fits your company’s culture, size and available budget:
* Determine your corporate incentive program goals. In specific terms, establish what are the incentive program should accomplish. This can be more sales, boost in production output or profits, or a lowering of defective products, sales returns or lost contracts. Make sure you assign something on the improvement or reduction – a portion, absolute amount of units or contracts, or possibly a dollar figure.
* Choose the target group for that 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 preferences with available packages with your price range.
* Considering past performance and employee behavior, establish reasonable tasks for your target group.
* Be sure you use a performance tracking system set up having a clear approach to measure incentive program results.
* Brainstorm what obstacles may exist for the success from the incentive travel companies. This might be current employee morale, organizational structure or market conditions.
* Evaluate if this program will probably be managed internally or outsourced for an agency.
* Understand applicable tax implications. Travel might be taxable to recipients under certain conditions, and special tax forms are usually necessary.
* When picking a company incentive local travel agent, be sure it agrees to fulfill what exactly is promised for your budgeted cost, and you understand its cancellation policies.
* After your program, survey winners and non-winners to find out perhaps the program was successful in meeting the target.
Corporate Travel over a Smaller Budget
Even if you can not afford to whisk your top performers away to Europe with a private jet, you could still reward the workers with incentive travel that they may enjoy.
When you can manage to send your team away on a teambuilding retreat, it won’t must be a long way away. Campsites and resorts, a good day on 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. When possible, allowing a spouse or children to accompany your employee is another good idea.
To learn more about corporate incentive trips go to this popular internet page: click to read more