INCENTIVE TRIPS – 10 Powerful Benefits

Rewarding outstanding employee performance with fantastic corporate rewards will benefit your staff and your business too. After all, employees are the keystone of any successful business. In this post, we take a closer look at the powerful advantages of incentive travel:

1. Motivate and Inspire Staff with a Memorable Reward

Providing desirable travel incentives is a great way to motivate and inspire your employees. It will encourage business-centric conversation in the staff room and healthy competition between colleagues to meet their targets and win the reward.

2. Incentive Travel  is a Cost-Effective Alternative

According to theHarvard Business Review, money is the most expensive way to reward employees. Travel incentives can be more cost-effective and offer greater value in terms of the benefits to staff and the business.

3. Corporate Rewards Can Help Your Business Achieve its Goals

Through inspiring and motivating your team, corporate rewards can help you to achieve a number of company objectives, such as:

• Boosting company morale and reducing employee turnover.
• Increasing sales and profitability.
• Maintaining consistently high performance.
• Or simply rewarding and encouraging exceptional work.

4. Foster Employee Loyalty and Dedication

A great rewards system will ensure your employees feel appreciated. This feeling of appreciation fosters a positive environment, increasing employee loyalty to the company. Similarly, appreciated employees are more dedicated and productive. This higher productivity leads to greater and sales and increased profitability.

5. Forge Stronger Team Dynamics

The thrilling adventures and shared experiences of a fantastic trip will hone and develop team dynamics. It will also allow management and colleagues to build stronger relationships, and offers an informal forum for honest discussion about the company.

6. Personal Benefits for your Employees

Everyone benefits from some time away. Rewarding your staff with a travel experience will help to relieve stress, boost confidence and reignite their creativity. A short break can do wonders for the soul – and your business by extension.

7. A Healthy Employee is a Happy Business

Studies suggest that happy employees are mentally and physically healthier and take fewer sick days as a result. This comes back to the sense of appreciation and the personal benefits of corporate rewards. Fewer sick days will save your company a great deal of money each year.8. Excellent PR for your Organisation
Word-of-mouth is a very powerful tool. Employees who have received a memorable corporate reward are likely to rave about it to their friends and family. A positive work environment and an appealing rewards package will entice even greater talent to your company and will improve your organisation’s PR overall.

9. Travel Incentives are More Effective than Cash Rewards

Cold, hard cash is one of the most common, and according to statistics, least effective ways to reward employees. The money is often treated as part of a salary and is spent on bills or household items. In contrast, an enticing travel experience is proven to inspire and motivate employees. In addition, the memory of a fantastic trip will last much longer than a cash bonus, fostering feelings of gratitude towards the company.

10.  Flexible Experiences for Every Budget

Incentive travel can be tailored to suit any budget, making travel a practical reward option for small and large businesses alike.
Book your corporate travel experience with a company you can trust. PLAN UR TRIP offer a range of corporate and incentive travel solutions within THAILAND, DUBAI, SINGAPORE, MALAYSIA & BALI. Unlike alternative suppliers, we specialize in unique experiences that focus on nature, luxury and thrilling Adventures. Talk to us today to find out how we can benefit you.