Jul 30, 2015
Discover the benefits of rewarding your best salespeople with a trip of a lifetime.Scroll Down
Incentive travel isn’t just rewarding for your employees. It’s rewarding for your company. Here's how:
1. They’ve earned it.
Hard work should be rewarded. Sometimes a paycheck just isn’t enough to show them how important they are to the company. Group travel incentives are a thoughtful way to show employees just how much you value their contributions.
2. Travel incentives are more rewarding than cash.
Giving cash as sales incentives or other rewards is a great idea in theory. But it lacks the joy and TLC that only vacation rewards can bring to employees. Plus, people often end up spending cash on bills. Of course paying bills is important, but it’s not going to be the fond memories of paying the electric bill that make people want to stay with your company. In fact, once the money is in their bank account, it becomes part of the general funds and where it came from gets forgotten.
3. Happy employees are better employees.
Studies have shown that happy employees are mentally and physically healthier and take less sick days. So not only does it feel good knowing your employees are happy, it’s another way they can help your company save money.
4. Incentive travel pays for itself. And then some.
The SITE International Foundation wrote in a recent article that for every dollar spent in travel, businesses benefit from an average of $12.50 in increased revenue and $3.80 in new profits. According to the Harvard Business Review, cash is the most expensive way to reward employees and travel is the most economical.
5. Lots of other people will ‘like’ it. And <3 it.
Travel incentives as sales rewards are a great way to get the attention of the kind of people you want to work for your company. When your employees have a good time on vacation they aren’t just going to tell their friends about it. They’re going to tell their entire social networks. What vacation is complete without plenty of Instagram photos and Facebook posts?
6. Co-workers become teams.
There isn’t enough time in the workday for employees to really get to know each other. Traveling forms the kinds of bonds that can’t be rushed while pouring a cup of coffee or waiting for that one last person to dial in to the conference call.
7. You’ll have to go too.
Need we say more?
If you’re considering a change to your sales and employee incentives programs, but need some help figuring out what’s right for your company, send us a message to learn more about our group and individual incentive travel programs.