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

Listed below are ideas to help you plan a company travel program that suits your company’s culture, size and available budget:

* Determine your corporate incentive program goals. In specific terms, establish exactly what the incentive program should accomplish. This might be a boost in sales, boost in production output or profits, or a decrease in defective products, sales returns or lost contracts. Make sure you assign a value to the improvement or reduction – a share, absolute amount of units or contracts, or perhaps a amount.

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

* Find 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 in your budget range.

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

* Be sure you have a performance tracking system set up which has a clear method to measure incentive program results.

* Brainstorm what obstacles may exist on the success from the incentive travel agency. This may be current employee morale, organizational structure or market conditions.

* See whether this software will probably be managed internally or outsourced to a agency.

* Understand applicable tax implications. Travel could be taxable to recipients under certain conditions, and special tax forms are usually necesary.

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

* Following your program, survey winners and non-winners to ascertain whether or not the program was successful in meeting the target.

Corporate Travel with a Smaller Budget

Even though you cannot afford to whisk your top performers off to Europe on the private jet, you could still reward the employees with incentive travel they can enjoy.

When you can manage to send your team away on a teambuilding retreat, it does not should be a long way away. Campsites and resorts, obviously any good day on a chartered boat can produce a memorable experience. For individuals, it’s actually a better idea to send your recipient somewhere exotic enough to become memorable. When possible, allowing a spouse or children to accompany your employee is a wise decision.
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