Businesses value effective internal communication techniques because they ensure staff members' professional and personal advancement and a rise in earnings. The trip could be the reward (or one of the rewards) in an incentive programme where the winners are those who meet the performance goals within the allotted time. The latter can be used to describe growth in the production or sales of a specific good or service and, more generally, an increase in the business's turnover.
The most competitive industries are those whose businesses use this incentive tool the most. In contrast to other corporate incentive travel companies, incentive travel emphasizes socializing, having fun, sharing amicable moments at a table, engaging in physical activity, or exploring a tourist city.
Employees who choose not to attend the award ceremony or who did not take advantage of the option to participate are also greatly impacted by Group Incentive Experiences. Likely, rewarded coworkers are naturally motivated to perform more or more effectively to receive rewards when they return to the company after receiving recognition.
Something more than a pleasurable out-of-town experience must be provided; a collection of experiences and distinctive and shareable moments beyond any trip must be presented to urge employees to put in extra effort at work today. Participants gain feelings from these first-hand encounters that they can later use in their personal and professional lives.
Companies nowadays must consider this instrument and plan training sessions, conferences, incentive trips, team-building activities, and business meetings that can be converted into chances for internal resource development. The ability to reflect is fostered, self-discipline is ensured, learning readiness is strengthened, and experiential training produces a phenomenal return on investment.
The new trends in the world of incentive travel
It can be said that the old concept of incentive travel has been waning due to the current economic and health conditions. Due to Covid, travel around the world has decreased to contain infections. It has become more difficult, if not impossible, to organize trips that can offer moments of cohesion for participants and allow them to live constructive experiences in a relaxed and stimulating atmosphere context.
Corporate incentive travel offers memorable experiences in luxury hotels and exclusive places to live, even for a whole week. Today, the new trend is that of credit dedicated to travel, gift cards, vouchers, and all virtual tools that guarantee greater flexibility and unique experiences.
Virtual cards
Some companies have chosen to take advantage of virtual cards that settle the costs of hotel stays. This method, which is also finding fertile ground in Italy, allows workers to continue travelling thanks to the company and simplifies administrative and accounting work. The procedures are fully digitized to embrace the most modern and effective methods for travel management.
Thanks to digitization, the company thus obtains much simpler organizational and administrative management. In addition, using travel cards also makes it possible to overcome one of the main problems of incentive travel, namely the frequent overrun of the budget already in the planning phase. Moreover, today it is easier and easier to activate a virtual card, and the costs are very low. So that's a huge plus.
Gift card
Gift cards are the new frontier of individual incentives. They benefit, within certain amount limits, from preferential taxation and can be spent in the online and traditional stores of their favourite brands. They, therefore, represent a new form of gratification for the recipient. They are easy to order and ready to use once activated.
Gift cards are perfect for last-minute rewards. Companies can order them on platforms created specifically to provide gift cards such as Ticket Compliments by incentive travel destination truly intuitive, fast services that guarantee the highest quality and satisfaction.
On the respective sites, different gift cards vary according to the value and the brand where the prize can be spent. However, Corporate incentive travel service also allows you to purchase a prepaid card to allow recipients to spend the gift card wherever they want.
Ticket Compliments
Ticket Compliments are shopping vouchers that allow you to buy various products and services at local or online stores. This way of incentivizing customers and companies' sales force is spreading like wildfire and is also highly appreciated by those who receive them, as they offer the opportunity to spend a bit as if they were real money. The advantages are:
- greater freedom of spending
- possibility for companies to fiscally deduct Ticket Compliments as if they were bonuses
- more and more brands join this initiative
- commutability
