Whether you provide your employees a Top 100 place to work, or are in an industry that demands low pay and tough working conditions, incentivizing your staff can be difficult. Consider this example of the power of travel incentives:
Every year thousands of young men and women apply to be flight attendants — why? They have long hours, cramped conditions, generally unhappy customers in the best of weather and very unhappy when bad weather hits. The reason is that when they clock out, they could find themselves somewhere amazing, and being paid for it.
Whether serving drinks at 30,000 feet or selling your latest product, travel is a huge motivator. Cash bonuses fade quickly, but provide an experience that makes someone feel something as emotionally satisfying as travel can be — and you'll have a much more dedicated and motivated employee.
For many companies, incentive travel is offered if certain objectives are achieved. For others, travel is a longevity reward or a team building benefit (see our section on Team Building).
- According to the U.S. Travel Association, for every dollar spent in travel, businesses will see revenues increase by an average of $12.50, resulting in an average profit increase of $3.80. There are very few investments that will return 380% profit, but travel is one of them!
- Incentive programs have been proven to increase sales, boost productivity, retain employees, hold on to top talent, promote teamwork, and decrease turnover.
- The International Society for Performance Improvement has found that incentive programs often increase the individual performance by 22% and team performance by 44%.
A well-designed travel incentive program will have a lower out-of-pocket cost than a similar sized wage-incentive plan. A cash bonus can easily get overlooked when it goes to pay bills or lower debt. Give your staff member a fabulous vacation and they will return grateful and with pictures that remind them of how great it is to work for your firm.
Would you like more information about TravelPerks Business services? Click here:
Or call Gary E. Smith directly at (541) 349-0036 x 222
From Our Clients...
Never a Single Problem
"We've never had a single problem with the people or the bookings at TravelPerks. I talked with someone in the shuttle to LAX and their holiday was a booking disaster so I gave them your web address with high recommendations.."
Once In A Lifetime Trip
"As we started out on our excursion in Juneau (to Mendenhall Glacier) there were a group of Bald Eagles, in a certain area by Sandy Beach, and our tour guide made a quick, unexpected stop, so we could take photos. It was an amazing once-in-lifetime trip. Thank you for assisting us in our travel arrangements!"
"We have had many vacations over the years, worked on every possible angle to stretch fun and funds. Theresa redefines service, the personal attention, genuine compassion and ferocious drive to make our experiences unique and special is unmatched.
Theresa takes the guess work out of the process by asking questions and listening to create your perfect getaway. We have worked with get for our last several vacations, and will continue for many years to come.
It is difficult to find anyone who knows how to provide this level of service, I would welcome the opportunity to help anyone understand why they should select TravelPerks DreamVacations."
Not a Single Thing To Worry About
"Everything had been taken care of from beginning to end. Not a single thing to worry about once we arrived at the airport until we touched down after our week long vacation. Also, Rachel specifically, everyone was great at making sure we knew what to expect before we left and made sure all questions had been answered."
"They take care of the customer and always keep you informed when you need to do something or when there is any changes - makes it worry free!"
Service & Savings
“I have thrown just about every curveball I've got at Rachel and your folks and you've handled them all without breaking a sweat. A long cruise with tours in a foreign country? No problem. Erratic friends who can't make up their mind if they want to go or not? No problem. Last minute hotel bookings needed? No problem. And should I mention the bonuses? Getting random calls to let us know we've been upgraded in our cabin or the cruise fare has dropped? Extra onboard credit? I use a travel agency so I don't have to worry. With TravelPerks, not only do I not have to worry, I'm happily surprised at the GOOD that happens. I recommend TravelPerks on ANY opportunity I've got.”