The team at CIS Event Management enjoys working with businesses to create incredible travel incentive programs in Australia and all over the world. There are many ways to incentivise and reward your staff and cash and vouchers are popular choices. We take a look at some reasons why travel incentives will provide the most benefit to your business and your team.
Sales Strategy
Incentivising sales teams by rewarding them for achieving and exceeding their targets is a strategy used by many businesses. Sales staff are often motivated by reward and a bit of internal competition (e.g. top sales staff will receive a trip to Paris). Tailoring incentive programs will aim to drive teams to perform consistently throughout the year.
Engagement
Travel incentives will provide your team with an experience that will engage them and help them grow professionally (and personally) by incorporating wonderful experiences and events. Whilst cash bonuses are likely to get spent on living expenses, the memory of an amazing incentive trip will last a lifetime and be talked about for years to come.
Team Building
Some incentive groups choose to include team building style activities to enhance team morale and to push team members out of their comfort zones – thus learning new things about themselves as well as bonding with their colleagues.
Inspire and Motivate
Travel incentives will show your staff appreciation and provide them with a lasting memory. Not only will a travel incentive inspire your staff to achieve, it will provide them with an experience that will engage them with and endear them to your brand.
ROI
Businesses are more likely to see return on investment from travel incentives (compared with cash bonuses). This can be measured through sales team KPI’s as well as team feedback. Rewarding your staff with incentive travel will keep your team motivated throughout the year and can be a great way to reinforce your brand – positive word of mouth about their experiences is likely to spread to friends, family and colleagues. Increased productivity should also be a measure as a travel incentive aims to refresh, recharge and energise your team.
CIS Event Management work closely with all kinds of businesses to develop staff travel incentives that help you achieve your business goals.
