Corporate incentive travel is an excellent approach to motivate and reward your valuable employees. Incentive travel can be group or individual, and also the destination could be local or international. But every successful incentive travel program starts off with meticulous planning.

The following are good ideas , plan a business 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 might be a rise in sales, increase in production output or profits, or perhaps a decrease in defective products, sales returns or lost contracts. Make sure you assign a price towards the improvement or reduction – a portion, absolute number of units or contracts, or a dollar figure.

* Select the target group for that program. This might be management, employees, salespeople, or 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 with your price range.

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

* Ensure you use a performance tracking system in place using a clear way to measure incentive program results.

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

* Evaluate if the program will be managed internally or outsourced to a agency.

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

* When choosing a business incentive local travel agent, be sure it agrees to meet what exactly is promised for your budgeted cost, so that you understand its cancellation policies.

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

Corporate Travel on the Smaller Budget

Although you may can’t afford to whisk your top performers off to Europe on the private jet, you can still reward your workers with incentive travel that they’ll enjoy.

If you can find a way to send your team away on the teambuilding retreat, this doesn’t happen should be far away. Campsites and resorts, obviously any good day on the chartered boat can make a memorable experience. For those, it’s 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 can be another good plan.
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