5 Essential Elements of Successful Incentive Travel Programs

1. Criteria for selection and earning the reward are directly tied to the company’s business objectives
2. Communication about the program and the progress participants make towards goals is clear and consistent
3. Design of the travel program – including unique and exciting destinations, interactive sessions and leisure time for earners – adds to overall excitement
4. Executives and key managers act as hosts to reinforce the company’s commitment to the reward program and recognition
5. Company keeps detailed records to prove productivity of earners and contributions to the company’s financial performance

 What are the benefits to an Incentive Travel Program?

• Positive organization culture
• Employee recognition
• Retention of top performers
• Drives desired behaviors to meet or exceed financial and non-financial objectives
• Participants tend to perform better and stay with the company longer

Reference:  Severt, Kimberly Ph. D and Deborah Breiter, Ph.D.  “Anatomy of a Successful Incentive Travel Program.”  IRF White Paper.  www.TheIRF.org.  January 5, 2010.