10 Tips For Planning A Corporate Incentive Travel Program

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


Listed here are ideas to help you plan a corporate 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 might be a boost in sales, boost in production output or profits, or possibly a decline in defective products, sales returns or lost contracts. Make sure to assign something towards the improvement or reduction – a share, absolute amount of units or contracts, or perhaps a dollar figure.

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

* Uncover what the target’s values, interests and preferences through paper surveys or interviews. Then browse our corporate incentives self-help guide to go with preferences with available packages within your budget range.

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

* Be sure to have a very performance tracking system in position having a clear way to measure incentive program results.

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

* Determine whether the program will likely be managed internally or outsourced to an agency.

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

* When selecting a business incentive local travel agent, make sure it agrees to satisfy what exactly is promised on your budgeted cost, and that you understand its cancellation policies.

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

Corporate Travel over a Smaller Budget

In case you can not afford to whisk your top performers off to Europe with a private jet, you could still reward the workers with incentive travel that they may enjoy.

When you can find a way to send your team away on the teambuilding retreat, it does not have to be distant. Campsites and resorts, even a day on a chartered boat can create a memorable experience. For those, it’s actually a better idea for you your recipient somewhere exotic enough to become memorable. If possible, allowing a spouse or children to accompany your employee is a good idea.
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