Corporate incentive travel to keep employees morale high
by Luxe Travel Travel AgentPrograms like incentive travel, is
one of the most amazing bonuses that top corporations will offer to their
employees, and most of the time it has to do with their total volume of sales
for the year. They are allowed a budget for travel, or they are sent to travel
to different areas for work. This is a commodity that is all based off of how
much the company makes, and sometimes how long the employee has been with the
company as well. It also depends on the company, how big it is, etc. Although
this is a great bonus undoubtedly, it is hard for a business to do this without
losing money. The great part is that if they are savvy enough, they will have
their accounting team write it off as an expense. In other words, this travel
is most of the time used as a tax write-off if the company makes enough money.
The thing is, they can only write off so much before it becomes more of a ploy
than a way of saving money, and companies have gotten in trouble for doing this
in the past. Most of the time, this does not include being able to fly out of
country either, (because those flights can be expensive), especially when the
company has wrote off a little too much money as of recent. On the other hand, corporate
incentive travel can be a great way to spread the company's roots, (and
using an employee to do so is both an honor and a pleasure for them). The other
thing is, these companies are able to get flights for a lot cheaper most of the
time, because of ties they are able to make with certain airlines, (and even
airports).
As an example, the company can get in contact with a major airline and get a
very competitive price for their flights, assuming they spend a certain amount
per year. This allows the airline to make a reasonable, guaranteed sum of
money, while the consumer gets the cheap flight that they are looking for, (and
thus can do more with their budget). Another thing to keep in mind is that this
incentive travel programs does not
just include flying, (at least most of the time). A majority of companies will
allow it to be used for rental cars, gas, and even expenses while they are in
whatever area doing business. This allows for them to essentially live for free
while out traveling and doing their job, and is why most people look for this
type of incentive in the company they want to be hired for. There is nothing
more worthwhile than being able to go new places as a part of your job!
Author Bio: - This author has good knowledge on keeping employee high on their work with different incentive programs. He has also written on corporate incentive travel planners and how they are beneficial in planning company’s incentive travels.
Sponsor Ads
Created on Dec 31st 1969 18:00. Viewed 0 times.