We often associate low morale in the workplace with low paying jobs that don’t offer advancement, but we also find poor morale in places we’d least expect: among executives and managers that are well-compensated and seem to have an endless horizon of opportunities.
However, whether low morale strikes at entry-level or among executives, the result is often the same: high employee turnover, which can cause morale to plummet further.
According to Barrett, Rose & Lee Inc. — a Toronto-based recruiter for management positions — “A costly indicator of low morale is high turnover; when employees leave because they are not happy with their jobs and have few external reasons to stay. The negative impact of employee turnover is disconcerting because of its tremendous impact both financially and on productivity levels.”
Fair enough, but what medicine should you use to cure a bad case of low morale? There are plenty of choices, but one of the most effective ones is also one of the least considered: incentive trip offers.
Employee Morale and Incentive Travel
Unique incentive trip offers that promise the travel experience of a lifetime help sustain high morale in at least three ways. Let’s look at what they are and why they matter.
- Shows Employee Appreciation
Salary, bonuses, stock options, etc., are how high-level employees are compensated for hard work. These rewards are expected, not viewed as novelties that go above and beyond normal compensation to show employee appreciation.
Incentive trip offers, on the other hand, can be highly novel. More importantly, they are optional. They aren’t a part of normal compensation, and a company isn’t bound to offer them. Therefore, when a company makes incentive trip offers, it sends a direct message of appreciation.
- Provides Daily Motivation
Most executives and managers earn a salary and not a wage. If they put in an 80-hour workweek, they’re paid the same as if they put in 40 hours. What’s to keep a salaried employee motivated to put in long hours? Bonuses, for one. But even the monetary value of bonuses can become predictable after a few years.
What isn’t as predictable is how much relaxation and excitement can be enjoyed through qualifying for incentive trip offers, and then embarking on the trips. For many upper level employees, the promise of a unique travel experience provides motivation where direct financial compensation falls short.
- Brings Colleagues Closer Together
Working at the same company and pursuing the same professional goals are important things to have in common. But they don’t guarantee colleagues will feel highly comfortable or connected with each other beyond the pale of emulating professionalism.
One thing that does bring colleagues closer together is sharing a unique travel experience that’s unforgettable for all the right reasons. Shared experience makes us feel like we have something in common. When the experience is positive, a deep level of bonding can occur. Within the context of the workplace, this bonding can reduce nonconstructive criticism and improve morale.
About Our Company
Incentive Travel Solutions specializes in planning unique incentive travel trips to wonderful destinations around the globe. We facilitate the entire trip, from airline and hotel arrangements to event planning and travel itineraries. Many companies have used our services to promote high morale in the workplace, and your company can, too.
To get started on planning a trip for top performers, call us today at (704) 540-1482, or send us an email through our contact form. We look forward to helping you plan the journey of a lifetime!