Incentive travel is increasingly becoming the motivator of choice for businesses everywhere. More US companies are coming aboard every year and devoting more budget than ever to this line item. There are so many great reasons to deploy incentive travel to light fires in the bellies of your key people, but these 3 undeniable reasons to use incentive travel in 2017 are downright compelling.
Wise investment brings dividends and incentive travel is one of the wisest investments any company can make. With an ROI of $12.50 for every dollar spent, companies who get employees fired up with incentive travel reap enormous dividends. Cash incentives don’t have the same effect. While everyone loves having a little more money, cash sends a different message. It also lacks the advantage of creating an experience that employees can share with friends and family. That’s a key thought to keep in mind as you read on.
The growing “experience economy” is a prime mover in the incentive travel boom. More and more people value experiences as having intrinsic and lasting value. The same is true of your employees. Creating travel incentives which offer your people a unique, one-off experience they’ve been dreaming of gets their attention. Once the incentive has been experienced, employees return to talk to other employees, spreading the incentivizing love throughout your enterprise. An experience is forever. It remains in the mind and enriches people’s lives. The effect in your organization is an increase in loyalty and that means reduced turnover and retaining your brightest and best.
Your teams become finely tuned machines when you offer premium incentive travel experiences. Imagine your people working together to achieve a cherished reward, then experiencing it as a group. The team-building potential is obvious. Companies who use incentive travel effectively see an increase in productivity of (on average) 44%, according to the Incentive Research Foundation. By giving teams something to work toward and experience as a group, you’re creating solid, cohesive teams who boost your productivity and your bottom line. These are just 3 undeniable reasons to use incentive travel in 2017, a year in which the sector promises further growth. As companies like yours discover the limitless potential of incentive travel, they’re creating programs that speak to their employees, motivating and inspiring them.
The professionals at the Incentive Travel Group have been designing premium incentive travel programs for more than 20 years. We’re leaders in the sector who create inspiring experiences that offer superior ROI and strong motivation for your superstars to shine even more brightly. We’re an outsourced solution that takes incentivization off your plate, offering leading edge logistics, planning and execution with professionals who know their away around the best vendors available. With an eye on your employees’ hopes and dreams, we build incentive travel programs that speak directly to them. We dig into their bucket lists, pulling out unforgettable experiences, from retreats to team-building excursions. Contact us to source exceptional travel incentives.
"I've been working with Bruce and his team on two projects and they've been great to work with. Bruce has helped us set up a referral/incentive program for us to roll out with our clients and strategic partners. Bruce was great to work with. He's set up a 7 tier program that allows for flexibility and he's also helped us to market the program."
"Beverly arranged and managed the early Envivio Sales incentive trips for us. Each of our events was an outstanding and motivating experience Our Sales team appreciated the attention to detail and to fun. Qualifying for the "trip" was a motivating factor behind many end of year sales pushes. I will use Beverly again in the future."
"Peak Performance’s attention to detail and personal service made me feel like I had a true corporate meeting planning partner that I could rely on throughout the planning process right up until I was on site. I look forward to doing more meetings with them."
"I have used your services two years in a row and you all have made my vacation a great one. You have the most helpful and considerate employees. Always very friendly, respectful and willing to make my travel experience a good one. Thank you and keep up the great job."
