Business success is simply unachievable in the absence of a hardworking workforce. However, for employees to consistently do well, they need motivation; they must feel appreciated and valued. This is primarily where the importance of implementing employee incentive programs rests.
Currently, companies utilise different types of rewards like cash bonuses and expensive gifts. Then, there are others that opt to incentivise employees with company-sponsored holidays. According to several studies, employees work harder when travel opportunities are at stake. Simply put, among the three types of rewards mentioned earlier, a paid vacation is considered to be most alluring by many employees.
Experts cite various reasons as to why a lot of people favor travel incentives. One of them is that paid vacations satisfy people's need for novelty, particularly visiting news places. In addition, they get the chance to vacation for free and minus the hassles of planning. Another noteworthy reason is that this reward allows them to break away from their daily routine and just relax.
Meanwhile, this type of reward also allows employers to gain more. A company-sponsored holiday can be a means for them to develop teamwork among their people. Simply put, it doubles as a team building activity. Also, travel incentives enable employees to collect meaningful and fun experiences which in turn strengthen company loyalty.
Indeed, compared with other kinds of incentives, company-sponsored holidays bring more to the table. Any company hoping to offer this reward certainly wouldn't regret doing so. However, it's essential to note that fully reaping the benefits of this incentive entails more than just informing employees that a free vacation is up for grabs; thorough planning is necessary.
As per experts, for this reward to be extremely alluring for employees, the destinations and activities have to be carefully selected. This is where enlisting the help of a reputable corporate travel agency becomes necessary. Given its vast network and expertise in the field, a corporate travel management service provider can design and organise trips that are very irresistible for employees but are not too heavy on the pockets of employers.
Currently, companies utilise different types of rewards like cash bonuses and expensive gifts. Then, there are others that opt to incentivise employees with company-sponsored holidays. According to several studies, employees work harder when travel opportunities are at stake. Simply put, among the three types of rewards mentioned earlier, a paid vacation is considered to be most alluring by many employees.
Experts cite various reasons as to why a lot of people favor travel incentives. One of them is that paid vacations satisfy people's need for novelty, particularly visiting news places. In addition, they get the chance to vacation for free and minus the hassles of planning. Another noteworthy reason is that this reward allows them to break away from their daily routine and just relax.
Meanwhile, this type of reward also allows employers to gain more. A company-sponsored holiday can be a means for them to develop teamwork among their people. Simply put, it doubles as a team building activity. Also, travel incentives enable employees to collect meaningful and fun experiences which in turn strengthen company loyalty.
Indeed, compared with other kinds of incentives, company-sponsored holidays bring more to the table. Any company hoping to offer this reward certainly wouldn't regret doing so. However, it's essential to note that fully reaping the benefits of this incentive entails more than just informing employees that a free vacation is up for grabs; thorough planning is necessary.
As per experts, for this reward to be extremely alluring for employees, the destinations and activities have to be carefully selected. This is where enlisting the help of a reputable corporate travel agency becomes necessary. Given its vast network and expertise in the field, a corporate travel management service provider can design and organise trips that are very irresistible for employees but are not too heavy on the pockets of employers.
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