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...
Easy and Stress Free!
"I used TravelPerks to book a family vacation and had the pleasure of working with Theresa. She is very knowledgeable and goes out of her way to get you the best deals. I am a customer with lots of questions and she was extremely patient with me and was always prompt answering all my emails. I definitely recommend using TravelPerks for all your vacation needs and their bonus deals are a plus. Thanks Theresa for making vacation planning easy and stress free!"
"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.”
"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."
"You guys are awesome. You were very patient in taking my calls more than a few times, changed rooms according to our need couple of times and finally even sent the cash back check."
Spectacular Shore Excursions
"Everything worked out even better than planned. On all three shore excursions we met people in the bus who said they appreciated those excursions and they were far better than the ones offered by the ship. We, too, were impressed with the quality of the excursions and tour guides. The cruise was spectacular and all the arrangements made in advance were spectacular."