2:49 AM
Ratnarao
Business success is simply unachievable in the absence of an efficient workforce. However, for employees to consistently perform well, they need motivation; they have to feel appreciated and valued. This is primarily where the importance of implementing employee incentive programs lies.
Currently, businesses utilise different types of rewards like cash bonuses and pricey gifts. Then, there are others that choose to incentivise employees with company-sponsored holidays. Based on several studies, employees work harder when free vacations are at stake. Simply put, among the three types of rewards mentioned earlier, a paid vacation is found to be most appealing by many employees.
There are various reasons as to why travel incentives are preferred by more people. For one, paid vacations are rewards which grant employees the chance to visit new places and meet new people without the burden of paying and planning for it. Most importantly, this type of reward enables them to break from their routine and rid themselves of worries.
Meanwhile, employers also gain more by offering this type of reward. A company-sponsored holiday can be a motivational tool cum team building event. It can be a vehicle for employers to develop camaraderie and teamwork among their people. Also, this reward enables employees to gather meaningful and fun experiences. Consequently, these cherished travel memories become additional reasons for employees to remain loyal to the company.
Suffice to say, paid vacations bring more to the table than other kinds of incentives. This explains why, even with the existing economic challenges, many companies continue to offer this reward. It is important to note, however, that simply sending employees on a paid vacation does not entirely do the trick.
As per experts, for this reward to be extremely appealing 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 firm can design and organise trips that are very enticing for employees but aren't too expensive for employers.
Currently, businesses utilise different types of rewards like cash bonuses and pricey gifts. Then, there are others that choose to incentivise employees with company-sponsored holidays. Based on several studies, employees work harder when free vacations are at stake. Simply put, among the three types of rewards mentioned earlier, a paid vacation is found to be most appealing by many employees.
There are various reasons as to why travel incentives are preferred by more people. For one, paid vacations are rewards which grant employees the chance to visit new places and meet new people without the burden of paying and planning for it. Most importantly, this type of reward enables them to break from their routine and rid themselves of worries.
Meanwhile, employers also gain more by offering this type of reward. A company-sponsored holiday can be a motivational tool cum team building event. It can be a vehicle for employers to develop camaraderie and teamwork among their people. Also, this reward enables employees to gather meaningful and fun experiences. Consequently, these cherished travel memories become additional reasons for employees to remain loyal to the company.
Suffice to say, paid vacations bring more to the table than other kinds of incentives. This explains why, even with the existing economic challenges, many companies continue to offer this reward. It is important to note, however, that simply sending employees on a paid vacation does not entirely do the trick.
As per experts, for this reward to be extremely appealing 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 firm can design and organise trips that are very enticing for employees but aren't too expensive for employers.
Posted in 
No Response to "Using Travel Incentives To Improve Employee Efficiency"
Post a Comment