10 Tips For Organising a Corporate Incentive Travel Program

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

Are mainly guidelines to help you plan a company travel program that matches 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 a rise in sales, surge in production output or profits, or possibly a decline in defective products, sales returns or lost contracts. Make sure you assign a value for the improvement or reduction – a percentage, absolute number of units or contracts, or a dollar figure.

* Pick the target group to the program. This may be management, employees, salespeople, as well as customers.

* Find 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 with your budget range.

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

* Make sure you have a performance tracking system in position with a clear strategy to measure incentive program results.

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

* Evaluate if this software will likely 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 may be required.

* When selecting a company incentive local travel agent, be sure it agrees to fulfill what’s promised for your budgeted cost, and you understand its cancellation policies.

* After your program, survey winners and non-winners to determine if the program was successful in meeting the aim.

Corporate Travel with a Smaller Budget

Although you may can not afford to whisk your top performers off to Europe with a private jet, you may still reward your employees with incentive travel that they may 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, a day over a chartered boat can produce a memorable experience. For those, it’s a better idea for you your recipient somewhere exotic enough to be memorable. When possible, allowing a spouse or children to accompany your employee is a good option.
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