Incentive travel provides an excellent opportunity for you to motivate your employees, improve business performance and increase revenue.
Read on to find out our top seven reasons to invest in an incentive travel trip.
1. Increase sales
With the prospect of a travel reward in place, your staff will push themselves harder to meet the incentive goals resulting in an uplift in effort and ultimately sales. This type of reward is a great opportunity to maintain sales increases in the long term as the incentive can be held over several months. Plus, regular progress updates and access to leader boards make sure that your staff are kept motivated throughout.
2. Enhance productivity
With such great rewards on offer your staff will become more motivated, improving business performance as they focus on results that have a direct impact on the incentive goals. Plus, you’ll be encouraging healthy competition between teams and individuals meaning that your employees will become more focused on the task at hand.
3. Greater loyalty from staff
Making sure your employees feel valued is a sure fire way to encourage continued hard work. Whether it’s because they feel appreciated or they simply want to meet targets to gain more rewards, your highest performing staff will become more likely to stay with the business for longer.
4. Improve workplace engagement
Engaged and happy employees are the most productive employees and incentive travel is a great tool to drive these behaviours. By recognising that your employees are doing an excellent job, and rewarding them appropriately, you will set the tone for a much more positive company culture.
5. Better relationships with staff
When you reward your employees, you’re making them feel happy. Plus, the trip itself is a chance to build important relationships with colleagues in a different environment. Depending on the activities planned it can also be a great team building opportunity.
6. Inspire and reward greatness
An incentive travel trip is not an ordinary reward. It presents an opportunity for your employees to go on a once in a lifetime trip or experience something that they may not have been able to themselves. The anticipation of the reward is also a great motivator, driving the type of behaviour that will add value to your business.
7. Maximise return on investment
Incentive travel rewards are a cost effective way to drive profitable behaviour within your business. You’ll see a stronger performance from staff as they strive to surpass business goals which will lead to additional sales and more revenue. The ROI is not just monetary, your employees will feel valued, happier and likely feel a stronger sense of loyalty to the company.
If you think investing in an incentive travel programme may be right for your business, please get in touch.
Alternatively, read more about what we can do for you.