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

Listed below are tips to help you plan a corporate travel program that suits 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 could be a boost in sales, boost in production output or profits, or a decline in defective products, sales returns or lost contracts. Make sure you assign a price to the improvement or reduction – a portion, absolute number of units or contracts, or perhaps a amount.

* Find the target group for that 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 match up preferences with available packages inside your budget range.

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

* Ensure you have a very performance tracking system available which has a clear strategy to measure incentive program results.

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

* Decide if the program is going to be managed internally or outsourced with an agency.

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

* When selecting a corporate incentive local travel agency, ensure it agrees to meet precisely what is promised for your budgeted cost, and that you understand its cancellation policies.

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

Corporate Travel on a Smaller Budget

Even if you cannot afford to whisk your top performers away to Europe over a private jet, you could still reward your employees with incentive travel they can enjoy.

If you’re able to afford to send your team away over a teambuilding retreat, it won’t should be a long way away. Campsites and resorts, even a day on a chartered boat can create a memorable experience. For people, 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 good plan.
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