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2006-09-10
Many companies now admit that their people are their most valuable asset. Since staff performance largely depends on psychological factors (the sense of belonging, the need for being noticed, etc.), various staff reward and recognition programmes are vital for company success in the ever more competitive business environment. Corporate incentive travel could be an effective strategy in maintaining workforce productivity and getting your business to the next level. Incentive travel is a great way for employers to demonstrate their employees how they are appreciated. Everybody needs recognition, so why not show it for those who have deserved it by striving hard in achieving the best. Incentive programmes providing a constant feedback to the participants in relation to their achievement inspire positive emotions which are known to have a positive influence on employee behaviour and performance at work. Statistics show that, in comparison to cash rewards, travel is a much more effectual incentive. Financial benefits are often used for paying bills, and many people don’t even remember where they spent the reward sum. The value of travel is greater because most would never spend the money to go on a trip themselves. Moreover, a corporate incentive programme such as group travel abroad will be a wonderful gift for your employees – travelling is always a unique experience, each time broadening your sight and making unforgettable impressions, which cannot be said about monetary rewards as cash has no memory value. Thus, monetary payments have only partial effect as compared to travel awards.Group or individual travel as a reward for employees may benefit the company a great deal. Inventive travel is a powerful tool of workforce motivation which has a significant positive impact on employee commitment to task. What is more, group travel award may be a nice team building opportunity enhancing communication within the group and between the employers and the rewarded employees, which also leads to an increased productivity in the office. All in all, incentive travel may be a powerful tool of motivation which can encourage a better customer service, promote customer loyalty, and thus perk up sales results. Investing money in an incentive travel programme is investing it in your company to see greater profits.
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I am a young travel and tourism student and i would like to know more about incentive travel and how it works and what you offer staff members on incentive travel