10 Tips For Arranging a Corporate Incentive Travel Program

Corporate incentive travel is a superb way to motivate and reward your valuable employees. Incentive travel could be group or individual, and the destination might be local or international. But every successful incentive travel program begins with meticulous planning.


Listed here are good ideas , plan a corporate travel program that matches your company’s culture, size and available budget:

* Determine your corporate incentive program goals. In specific terms, establish what the incentive program should accomplish. This can be more sales, increase in production output or profits, or a reduction in defective products, sales returns or lost contracts. Be sure to assign a price on the improvement or reduction – a part, absolute amount of units or contracts, or even a amount.

* Select the target group for your program. This can be management, employees, salespeople, and even customers.

* Find out what the target’s values, interests and preferences through paper surveys or interviews. Then browse our corporate incentives help guide to match up preferences with available packages inside your cost range.

* Considering past performance and employee behavior, establish reasonable tasks to your target group.

* Make sure you use a performance tracking system set up with a clear strategy to measure incentive program results.

* Brainstorm what obstacles may exist for the success with the travel incentive. This can be current employee morale, organizational structure or market conditions.

* Decide if this software is going to be managed internally or outsourced with an agency.

* Understand applicable tax implications. Travel can be taxable to recipients under certain conditions, and special tax forms may be needed.

* When choosing a corporate incentive local travel agent, be sure it agrees to satisfy what’s promised to your budgeted cost, and you understand its cancellation policies.

* At the conclusion of your program, survey winners and non-winners to find out perhaps the program was successful in meeting the goal.

Corporate Travel with a Smaller Budget

Even though you cannot afford to whisk your top performers away to Europe with a private jet, you can still reward the workers with incentive travel they can enjoy.

If you’re able to find the money to send your team away on a teambuilding retreat, it doesn’t need to be a long way away. Campsites and resorts, a day over a chartered boat can create a memorable experience. For individuals, it is a better idea to send your recipient somewhere exotic enough to get memorable. If at all possible, allowing a spouse or children to accompany your employee is also a good idea.
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