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incentive-trip

Setting Goals That Motivate Workers: Money Vs. What It Can Buy

For centuries, setting goals that motivate workers has been a top priority for successful companies. Over the years, opportunities to motivate workers have changed along with technology. But one thing has stayed the same: Money is a highly sought after motivator.

There are two reasons why: Money helps ensure that our needs are met, and it gives us the power to get material things we want. This is why profitable companies often reward workers with both cash incentives and non-monetary incentives that have an obvious cash value.

Ideas for Non-Monetary Incentives

For most companies, monetary incentives comprise a fairly straightforward range of options, such as performance bonuses, annual salary raises, and stock options. Non-monetary incentives, on the other hand, are a bit like the Wild West: Practically anything people value can be used, which creates the challenge of setting the right motivational goals.

If your company is facing this challenge, below are ideas for setting goals that motivate workers not with dollars, but with what money can buy.

  1. Luxury Personal Items

Luxury personal items range from private jets to gem studded jewelry. The luxuriousness of the products often supplies them with novelty, But items that tend to generate the most motivation are those that don’t cost much to maintain and essentially last a lifetime.

A watch from Rolex or Cartier is an example of this type of reward. The piece costs a few thousand dollars, which is ostensibly less than the amount of company revenue the recipient generated to receive the eye catching piece. High-end luxury items may not be a good fit with your company’s culture, but if they are, they’re a surefire way to commend success.

  1. Incentive Travel Trips

As we’ve seen through our experience in the incentive travel business, incentive travel trips to unique destinations are a great option for setting goals that motivate employees. The intent is to perform well enough to qualify for the trip — and you, as the employer, set the qualifications.

Exactly what types of trips are we talking about? This blog on traveling California’s Napa Valley region provides an example of an incentivized goal that involves world class travel.

  1. Business Award Plaques

Almost everyone wants to be recognized for his or her achievements in the workplace. Enter award plaques, which come in a various styles and feature engraved messages that commemorate the recipient’s achievement. Most business award plaques are highly affordable, but their value is primarily psychological. They’re one of the few types of awards that are inexpensive to buy, yet mean a great deal to the recipient.

  1. Waiting Job Promotions

Some companies find that promoting employees to higher positions in the company generates a lower employee turnover rate than companies that sift through resumes, looking for the best “talent” behind the applications. Taking the promoting from within approach is a great way to make workers feel allegiant to your company. The key is to establish a program that provides employees with clear guidance on how to achieve goals that trigger promotions.

Who We Are

Incentive Travel Solutions helps companies plan unforgettable incentive travel trips to unique destinations across the globe. In addition to handling the travel and lodging arrangements for a trip, we send a retinue of trained travel attendants with you attend to your wants and needs, and resolve any unforeseen issues with the travel itinerary.

To learn more about how incentive travel trips can assist with setting goals that motivate employees, call us today at (704) 540-1482, or fill out our contact form. We look forward to helping you explore the opportunity of motivating your workers with incentive travel trips.

 

 

 

 

 

employee-productivity

4 Signs That Employee Productivity is on the Skids

If human resources are a company’s most valuable resources, as a famous business perspective claims, then employee productivity is the lifeblood of company. Has employee productivity at your company taken a dive? If so, it’s important to recognize the signs and consider whether they have more to do with factors in the work environment than employees’ personal integrity.

With this in mind, let’s look at four common signs that indicate a lack of productivity due to a lack of motivation, and explain how incentive-based travel trips can help address the phenomenon.

  1. Company Meetings are Used to “Catch Up”

Sometimes, company meetings need to be held to apprise employees of unexpected contingencies in a business project, or to brainstorm solutions for a sudden obstacle. But meetings are ideally used to move everyone forward regarding the work in question. This only happens when employees maintain good inter-communication between meetings.

Workers who don’t maintain good communication and only seem “in it for themselves” often express a dissatisfaction with their work or the workplace, such as a low level of compensation that is incongruous with the high level of effort they put forth in order to succeed.

  1. Near Maximum Number of Sick Days Taken

Management doesn’t blink when an employee takes all of his annual vacation days, but when he uses all of his sick days, too — especially in the absence of a doctor’s letter — his work behavior can look lazy and disengaged. However, before managers write him off as a barnacle on the corporate ship, they should consider whether the unproductive behavior is tied to unproductive practices in the workplace, such as offering more criticism than praise.

  1. Heavy Internet Use That Isn’t Work Related

At most companies, it’s acceptable to read an online fashion blog or sports column during lunch hour, but when leisurely web surfing occurs throughout the rest of the day, it takes employees away from their tasks, or at least slows them down. In many cases, though, the root of indiscriminate internet use in the workplace isn’t due to simple laziness. Rather, it’s often tied to a lack of satisfaction with work due to a lackluster employee reward structure.

  1. Vacations Sought at the Busiest Time of Year

After your employees work in your industry for a while, they learn which times of the year are busiest and most stressful for your company. Those are the times when you need your employees most, but if they don’t like the work environment, the dissatisfaction is likely to be magnified during periods of heavy business.

Playing hooky with vacation days is an easy way to de-stress for a few weeks, but when workers return to their jobs, they often find that vacation leave makes work pile up, which creates more dissatisfaction and a desire for more vacation. To help end the vicious cycle, consider whether employees truly have a fair work situation. If they don’t, make it right.

How We Can Help

It’s tempting to write off non-productive employees off as lazy, selfish, entitled, etc. But when employees seem to exhibit these qualities, it can be symptomatic of a larger problem: a lack of meaningful compensation that leads to a lack of morale, which compromises productivity.

At Incentive Travel Solutions, we find that highly enjoyable, incentive-based travel trips can increase employee productivity in two corollary ways: By providing meaningful compensation for great performance, and by motivating employees to qualify for the compensation. To learn about our services, give us a call today at 704) 540-1482, or inquire by using our contact form.

vacation

3 Reasons Skipping a Vacation is a Bad Idea

You would think that most people don’t need much encouragement to plan a nice vacation and embark on journey that spirits them away from commonplace surroundings and daily stress. Yet, according to a recent article in The Wall Street Journal, “In total, Americans left 658 million vacation days unused [in 2015].”

The article goes on to mention that “222 million [of the 658 million unused vacation days] were forfeited because they couldn’t be rolled over or paid out in any way.” However, having a rollover policy for vacation days instead of a “use it or lose it” policy is no guarantee that more vacation days will be taken. It it isn’t uncommon for workers to retire holding tens of thousands of dollars in unpaid vacation days — and sometimes more.

Reasons to Take a Vacation

There are plenty of need-based reasons that understandably stand in the way of taking a vacation, such as a temporary lack of disposable income or being the sole caregiver for an ill relative. But if a person refrains from vacationing to appease the tycoon-ish ways of his or her employer, that’s not an acceptable reason. The vacation days should be taken; below are three reasons why.

  1. Supports Physical Health

According to a report in The New York Times, based on a 2000 study that observed 12,000 men for nine years who had a high risk for coronary heart disease, “Those who failed to take annual vacations had a 21 percent higher risk of death from all causes and were 32 percent more likely to die of a heart attack.” When we have health issues, we often try to implement healthier habits. Vacationing should be one of those habits.

  1. Supports Mental Health

In our capitalistic, work-driven culture, we like to think of ourselves as workers who can withstand lots of stress to capture the light at the end of the tunnel: a nice paycheck. However, unless the stress is released, it can lead to mental fatigue, anxiety, and a general sense of malaise, regardless of how much money we stuff in our pockets.

According to a 2009 study, Canadian researchers Joudrey and Wallace report that “Active leisure pursuits and taking vacations helped to buffer or ameliorate the job stress among a sample of almost 900 lawyers.” Whether you’re a lawyer who has a big caseload or a legal secretary who could use a second set of hands to multitask, vacation helps you de-stress.

  1. Boosts Job Performance

Can something that takes you away from your job improve your job performance when you return? According to Live in the Now — a web-based organization that promotes a holistic approach to good health — every additional 10 hours of vacation time employees took, their performance ratings from supervisors increased 8 percent. The rejuvenation received from vacations leads to greater productivity and creativity once people return to their job.”

Who We Are

Incentive Travel Solutions is a planner and facilitator of incentive-based travel trips that reward top performers with world class travel destinations and activities that create lasting memories. To give your hardworking employees the break they need, please call us today at (704) 540-1482 to start the planning process, or use our contact form. We look forward to helping you travel in style!

corporate-incentive-travel-services

Using Corporate Incentive Travel Services: Frequently Asked Questions

Corporate incentive travel services are designed to help companies create luxurious, unique trips that reward employees for reaching business goals that make them qualify for incentive travel — a form of travel that helps employees come closer together as a team, share unforgettable experiences, and motivates them to qualify for future incentive travel trips.

If your company is looking for new ways to reward performance, and this is your first time considering using corporate incentive travel services, you may have some questions about what you can receive from us a your trusted trip planner. That’s why we’re taking the time to answer some of the most commonly asked questions about our corporate incentive travel services.

  1. Can you help me decide who qualifies for the trip?

Many companies establish their own travel trip qualifications, but we can certainly provide with examples of qualifications that other companies have used to great success. Once you decide how many people you want to potentially qualify the trip, it becomes easier to set qualifications.

  1. Do you facilitate travels to foreign destinations?

Yes. In addition to providing corporate incentive travel services for U.S. destinations, we provide the same services for foreign destinations. As long as it’s safe for you to travel to a particular foreign country, we’ll ensure that you get there in style, and thoroughly enjoy the destination.

  1. How will I handle hotel and travel reservations?

You don’t need to handle hotel and travel reservations; that’s what we’re here for. We have years of experience in airline contract negotiation and negotiating hotel contracts. In addition, we help you select methods of travel and forms of lodging that help make the trip unique.

  1. Can you help me plan an itinerary of activities?

Yes. This is another area of incentive travel that we specialize in. When we plan your travel itinerary, we strive to deliver what we call the “wow factor”, which means that your travelers will literally be wowed by the activities that they experience on the trip, from start to finish.

  1. What role does your on-site travel staff play?

Our on-site travel staff go with you on the trip to handle any unforeseen wants and needs, and to ensure that the travel itinerary delivers the ultra pleasurable experience you anticipate. Moreover, our travel staff let you focus on the trip without worrying about it going as planned.

  1. How long do your travel trips typically last?

How long a trip lasts is ultimately up to you, although the duration of the trip obviously depends on your budget, and what you think delivers a meaningful incentive. With that said, most incentive travel trips last several days — enough time to let you truly enjoy the destination.

Start Planning Your Trip Today

Incentive travel trips are more than unique, enjoyable journeys that create lasting memories among coworkers. They also serve as a major motivator for improved business performance, especially for employees who are compensated to the point that receiving significant, annual salary increases and lucrative, quarterly performance bonuses is nothing novel or new.

To get started on using our corporate incentive travel services to plan a travel trip that rewards your workers in highly unique ways, give us a call today at (704) 540-1482, or fill out our contact form. We look forward to helping you choose the best options for your unique vision of what should comprise an incentive travel trip for your best performers.

 

corporate-travel-trips

Creating Corporate Travel Incentives That Work: Four Considerations

Corporate travel incentives are popular for motivating employees to perform to the best of their abilities. However, the level of motivation the trips provide is inherently based on the uniqueness and overall quality of the travel experience. To create corporate travel incentives that work for their intended purpose, companies should make at least four considerations when planning inventive-based travel trips: destination, cost, activities, and support from a travel trip planner.

  1. Destination

Because the allure of corporate travel incentives depends heavily on the uniqueness of the travel destination, the goal is to choose a destination that those who qualify the trip will remember for life. For example, while taking a trip to coastal Florida may be enjoyable, for most U.S. citizens, taking a trip to coastal Sardinia would be a far more memorable experience regarding the travel destination. When planning a trip, focus on choosing a rare destination.

  1. Cost

When the cost of incentive travel trips is discussed, the focus is typically on how much a company should spend based on its operating budget. Less discussed is how much money companies should dedicate to making the trip enjoyable and highly memorable to employees. Because the enjoyment of a travel trip naturally motivates workers to qualify for the next trip, focus on creating a trip budget that is large enough to afford a truly unique travel experience.

  1. Activities

The money you set aside for an incentive travel trip naturally determines the activities you enjoy while traveling and how many activities you and your diligent workers get to experience. The activities you choose are based on where you travel and how you get there. However, in all situations, the goal is to select activities that are as pleasurable and unique as the destination itself. The activities you enjoy are largely responsible for creating lasting memories of the trip.

  1. Support

Because corporate travel incentives generally apply to trips that involve several unique activities, special lodging accommodations, and special travel accommodations, it’s a good idea to take your trip with the support of an experienced incentive travel trip planner. The planner can provide support staff that travel with your group to ensure that everything goes as planned, which is an important aspect of motivating employees to qualify for the next incentive travel trip.

Start Planning Your Trip Today
Creating corporate travel incentives that motivate employees to qualify for incentive-based travel trips can be a tedious affair in terms of choosing the right destination, deciding how much to spend on a trip, deciding what activities to participate in while traveling, and receiving third party support to ensure that a trip goes exactly as planned. This is why many companies turn to Incentive Travel Solutions for assistance with planning and executing incentive travel trips.

For your trip to be truly enjoyable, it needs to be hassle-free on your end — and this is what we can help you accomplish. To learn more about how we can assist you with taking a unique, exciting trip that motivates your workers to qualify for the trip and trips thereafter, please call us today at (704) 540-1482 to schedule a free consultation. We look forward to hearing from you!

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