Successful businesses know how important it is to invest in their people. Corporate incentive programs are designed to improve your bottom line and motivate employees. These carefully designed programs increase productivity, performance, employee loyalty and public image. We’ve explored these benefits below:
4 reasons to make corporate incentive travel a business priority
1. Motivation Boost
Corporate incentive travel sets a goal and provides motivation for employees to work towards. From event announcement to execution (which can be more than a year long process), employees are motivated to meet KPIs and benchmarks to join the event.
2. Productivity and Performance
Requirements for attending incentive events should go beyond direct sales or profits. Set goals that encourage employees to develop key skills: knowledge of products and services, building long-standing relationships with customers, demonstrating brand values and more.
3. Employee loyalty
When employees are rewarded, they feel appreciated. Happy employees have a better relationship with their company, building loyalty and reducing employee turnover.
A carefully designed incentive program gives employees a reason to believe in the company and feel that they’re part of a bigger team. Personalise your incentive program to make the most of this opportunity.
4. Positive image
Attendees will be raving about the amazing trip they’ve been on and they’ll feel proud to work for a company that values them. Your employees can be your best brand ambassadors. Let them tell people how great it is to work at your company, attracting the top talent.
These 4 benefits will improve your bottom line. Your customer satisfaction scores will increase while staff absenteeism and recruitment costs will be reduced. Corporate incentive programs might appear costly but it’s more costly to not have them. Corporate incentive programs are a smart investment in your people.
At Solterbeck Events, we create exciting and affordable corporate incentive travel programs for high-profile corporate clients across Australia. With over 30 years’ experience, all our travel rewards are tailored specifically for each company, creating an immersive and lasting experience among attendees. To talk to our event planning professionals, contact us on 03 9949 5900 or fill out the enquiry form on our website.