Showing up at the office every single day, putting in the work, contributing to company efforts and building a strong social network with colleagues is a major part of many individuals' lives. Having a stable job means that employees have a regular income stream to rely on for their needs (their own as well as their families'), so they value what they have and care for their position and responsibilities as best as they could.
Of course, employees surely appreciate gestures made by their superiors that aim to provide a creative and motivating edge to their daily routines, with the promise of a coveted reward for the individuals who respond to the challenge. Offering incentive trips as a reward for exceptional performance has long been considered an effective way to motivate employees to make fewer task errors, close more sales, perform better overall, and contribute more to the company's bottom line.
So, as expensive as they may be, travel incentives serve as highly valuable investments for business owners that bring in positive returns in the form of boosts to employee morale and improved performance.
Here are four more reasons why offering travel incentives would be a smart move for your business.
Cash incentives are seen by employees simply as an increase in their salary. And like their normal salary, this money will quickly be spent toward their personal or household needs or perhaps the occasional treat, and will hardly have a lasting impression on employees as a token of their employer's appreciation of their efforts.
Incentive travel certificates can help improve employer-employee relationships, as they are typically more expensive than other incentives, thus helping employees feel more valued and recognized for their efforts. Going the extra mile to secure well-designed travel packages to give as incentive goes a long way in demonstrating a business owner's commitment to their team members.
The unique experiences and tangible souvenirs received from travels serve as physical and stronger emotional reminders of how excellence and effort is recognized by the employer, thus helping to motivate employees to sustain their exemplary performance over the long term. Photographs, videos, and other memorabilia from the trip can serve as strong evidence of the company's dedication to their employees and can have a greater impact on employees' consciousness in the form of motivation and a renewed sense of self and pride in their work.
Travel opportunities offer a more acceptable way of discussing work performance, compared to cash incentives. Talking freely about financial matters is not something that is socially accepted or comfortable for people, so providing incentives in the form of travel packages helps make the conversation easier to openly pursue.
"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."
