4 Reasons to Run Incentive Trips
They’re good for everyone!
Incentivise your employees
Incentive trips are a great way to reward employees for their hard work and dedication. Plus, offering your team the chance to go on a fantastic trip is a great way to motivate employees to achieve their goals and objectives.
Here are Gray Dawes Event’s top reasons to run incentive trips:
Increase employee morale.
Incentive trips can help to increase employee morale by demonstrating how their hard work is appreciated. This can both increase productivity and decrease staff turnover.
According to a study by the Society for Human Resource Management, employees who receive incentives are more likely to be engaged in their work and less likely to leave their jobs. The study also found that incentive programs can lead to a 20% increase in productivity, which is not to be sniffed at!
Motivate employees to achieve goals.
Team got targets to meet? Of course they have! Incentive trips can motivate employees to achieve certain goals and KPIs, such as increasing sales or reducing costs. This can ultimately help you improve your bottom line.
A study by the Incentive Research Foundation found that established incentive programs lead to an average 10% increase in sales and a 5% decrease in costs. The study also found that incentive programs can help businesses improve their customer satisfaction and employee retention rates.
Build relationships between employees.
A team that works together is more likely to succeed. Incentive trips can help to build relationships between employees by giving them a chance to get to know each other outside of the office in a fun, relaxed and enjoyable environment. This can lead to a more cohesive and productive team.
A study by the University of Pennsylvania found employees who participate in team-building activities are more likely to trust and cooperate with each other. The study also found that team-building activities can lead to a 15% increase in productivity. So it’s not just the touchy-feely stuff!
Create a positive company culture.
Leading on from your team getting along, how about improving your employee perception of your company as a whole! Incentive trips help to create a positive company culture by demonstrating that the company is a fun and rewarding place to work. This can attract and retain top talent and boost general morale.
A study by Glassdoor found that employees who are happy with their company culture are more likely to stay with their company for a longer period of time, saving a whole lot of hassle and cost in recruitment. The study also found that employees who are happy with their company culture are more likely to be productive and engaged in their work.
Incentives = rewards all round
As you can see, incentive trips are good for your business, good for your employees and good for the bottom line. If you’re thinking of running an incentive trip (or even a whole incentive programme) then get in touch.
We’d love to help you support and incentivise your staff!
Looking for some inspiration?
Check out some of our existing clients’ recent incentive trips…
Experience is Everything
Join the Gray Dawes Events team for the Experience if Everything podcast. Each episode we'll be chatting with a different member of the team to get an insight into their experience within the industry and current hot topics in events.
Fancy a chat?
Get in Touch
If you're looking to make your next event the next big thing, no matter how big or small, we'd love to hear from you.
Start a conversation with us by using the contact form on the right, or give us a call.