Incentive Travel Program

Cruise Planners – Grandmastertravel is an expert assisting businesses looking to do incentive travel.  Incentive travel is business travel that helps motivate employees or partners to increase certain activity or to reach a goal.  We can plan meaningful travel incentive designed to motivate your employees, excel in their performance and productivity.

Melissa Van Dyke, president of the Incentive Research Foundation (the IRF), describes incentive travel programs as "Incentive Travel Programs are a motivational tool to enhance productivity or achieve business objectives in which participants earn the reward based on a specific level of achievement set forth by management. Earners are rewarded with a trip and the program is designed to recognize earners for their achievements." 

 Reasons to use Incentive travel: 

·         Motivate and Inspire Staff with a Memorable Reward

·         Incentive Travel is a Cost-Effective Alternative instead of monetary bonuses

·         Corporate Rewards Help the Business Achieve its Goals

·         Employee Loyalty and Dedication

·         Develop Stronger Team Dynamics

·         Benefits for your Employees

·         Happy Business with healthy employees

·         Excellent PR for your Organization

·         Travel Incentives are More Effective than Cash Rewards

·         Flexible Experiences for Every Budget 

                              

Type of Travel Incentives include:

Hotel/Resort: Destinations around the world from 3 to 5-star resorts (all-inclusive and non-all-inclusive) offering business settings for events and retreats. 

Cruises: Ocean and river cruises are an extraordinary value to businesses with larger incentive impact.  Cruise ships offer inclusive features ideal for incentivizing employees. 

Other:  Additional incentives can be in the form of sport events packages including airfare/hotel and tickets. 

What Are Some Examples of Incentive Programs and the Value They Provide?

In "The Long-Term Impact of Incentive Travel on an Insurance Company," research found that the total cost of the travel incentive program per qualifying person (and their guests) was approximately $2,600. 

Using the monthly sales average of $2,181 for those who qualified and an average monthly sales level of $859 per agent who does not qualify, the cost payout for the program was over two months.   

The benefit of a robust Corporate Incentive Program:  The IRF found that Incentive travel is a sales promotion tool that works well in raising sales productivity. In the case of one of the companies studied, productivity increased by an average of 18 percent. 

Current Travel Incentive Trends:

• Unforgettable Experiences:  Incentive travel destinations must create enthusiasm, and incentive winners need to make lasting memories.
• Freedom and Flexibility:  While many enjoy a travel experience with unique activities planned, others prefer a more flexible schedule.
• Wellness Travel:  It is increasingly common for employees to desire an incentive that leaves them healthier and more refreshed.
• Networking Opportunities:  There are those who still want a business aspect, an opportunity to grow. A chance to do some networking would be exactly what some employees are looking for.

Cruise Planners – Grandmastertravel agents can assist businesses in providing:

• Plan your incentive program based on your specific requirements and around your budget and goals
• Complete flexibility – no set dates or destinations
• Expert planning agents with experience in travel who will handle every detail
• Payment terms available based on the type of incentive 

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