Corporate incentive travel is a good way to motivate and reward your valuable employees. Incentive travel might be group or individual, along with the destination may be local or international. But every successful incentive travel program begins with careful planning.

The following are tips to help you plan a corporate travel program that suits 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 could be more sales, increase in production output or profits, or a lowering of defective products, sales returns or lost contracts. Make sure to assign something on the improvement or reduction – a share, absolute amount of units or contracts, or possibly a dollar figure.

* Select the target group for your program. This could be management, employees, salespeople, or perhaps customers.

* Find out what the target’s values, interests and preferences through paper surveys or interviews. Then browse our corporate incentives help guide to complement preferences with available packages in your cost range.

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

* Ensure you use a performance tracking system available using a clear way to measure incentive program results.

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

* Evaluate if this program is going to be managed internally or outsourced with an agency.

* Understand applicable tax implications. Travel could be taxable to recipients under certain conditions, and special tax forms may be required.

* When deciding on a company incentive local travel agency, make certain it agrees in order to meet what is promised for your budgeted cost, and you understand its cancellation policies.

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

Corporate Travel with a Smaller Budget

Although you may cannot afford to whisk your top performers away to Europe with a private jet, you can still reward the employees with incentive travel that they’ll enjoy.

If you’re able to afford to send your team away on the teambuilding retreat, it doesn’t should be a long way away. Campsites and resorts, even a day with a chartered boat can make a memorable experience. For those, it’s a better idea to transmit your recipient somewhere exotic enough to get memorable. If possible, allowing a spouse or children to accompany your employee is a good plan.
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