10 Tricks for Planning A Corporate Incentive Travel Program

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


Are mainly ideas 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 exactly what the incentive program should accomplish. This may be an increase in sales, increase in production output or profits, or a reduction in defective products, sales returns or lost contracts. Be sure you assign a price on the improvement or reduction – a share, absolute amount of units or contracts, or perhaps a amount.

* Pick the target group for the program. This might be management, employees, salespeople, or perhaps customers.

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

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

* Be sure you use a performance tracking system in place with a clear strategy to measure incentive program results.

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

* Evaluate if this software will probably be managed internally or outsourced for an agency.

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

* When picking a corporate incentive travel company, ensure it agrees to meet what exactly is promised to your budgeted cost, so you understand its cancellation policies.

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

Corporate Travel with a Smaller Budget

Even if you can not afford to whisk your top performers off to Europe on the private jet, you may still reward the workers with incentive travel they can enjoy.

If you can afford to send your team away with a teambuilding retreat, it won’t have to be far away. Campsites and resorts, even a day on a chartered boat can certainly produce a memorable experience. For individuals, it’s really a better idea to send your recipient somewhere exotic enough being memorable. When possible, allowing a spouse or children to accompany your employee can be another good idea.
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