This recently conducted analysis by The Incentive Research Foundation (IRF)of one company's long-standing use of travel awards as a motivational tool shows that such incentives have a clear, measurable and positive impact on. Travel incentives ideas & programs for customers 1. The Anatomy of an Incentive Travel Program Prepared by: Kimberly S. Severt, Ph.D Deborah Breiter, Ph.D Chair of the Tourism, Events, & Attractions. Anatomy of a Successful Incentive Travel Program. Travel Incentives Boost Performance, Retention . Critics of these management tools fail to understand how they can drive desired behaviors and help improve business performance. The Incentive Research Foundation (IRF) commissioned this research to document the “anatomy” of an incentive travel program (ITP) and provide a better understanding of a successful ITP. Motivating employees is always one of management’s biggest concerns. During an economic downturn, such as the one affecting the United States at present, the retention of excellent employees becomes even more important. The next step in the process was to identify an appropriate company who has an incentive travel program in place and request participation in the study. By being a part of the study, the company who agreed to participate benefits by having an objective, external evaluation of their program. The company has several thousand employees, is well established, and has had an incentive travel program for over 1. This case study represents the analysis of the 2. Table 1 indicates each study objective and the related methodology to determine the overall components of the program, employee perceptions of the program, and how the program is used to meet business objectives. In order to capture the employees’ overall perspectives about the incentive travel program and determine its impact, employees from the different interview groups were selected in conjunction with the sponsoring company to ensure a wide variety of interviewees. For example, it was important to make sure all the earners interviewed were not all repeat earners. Therefore, first- time earners and multi- year earners were divided and then selected. The interviewees were also selected based on number of years with the company and availability for interview. The sponsoring company scheduled interviews. Since the interviewees were nationwide, phone interviews were conducted over a 3- week period from September 1- 2. Interviews ranged from 1. After a review of current literature, interview questions were written for each interview group. Incentive Group Travel Programs - ISI. Incentive Rewards — Online Rewards — Rewards Catalog. Create Unforgettable Experiences With Your Travel Incentive Program! Group Travel is considered the ultimate motivator. Incentive Travel Council Advocate of the Year Industry group cites SFN Group's Dahlton Bennington for a program studied by the Incentive Research Foundation. View 58571 Incentive Travel posts, presentations, experts, and more. Get the professional knowledge you need on LinkedIn. While incentive program participants often state that they prefer cash to non-cash rewards. Travel incentive; Loyalty program; Advertising Checking Bureau; Loyalty marketing; Employee development; Organization development. 28 /PRNewswire-USNewswire/ -- Incentive Travel Council Names SFN Group Director as 2010 Advocate of the Year. Discover the impact of incentive travel, current trends, and why you should consider starting your own incentive travel program or bringing it back. Research on meeting planning, incentive programs and recognition programs, engagement campaigns, and group incentive travel. Free white papers, case studies, and other incentive program management and implementation resources. Interview questions were prepared by the research team and approved by the sponsoring company before interviews were conducted. In addition, three other academic and professional advisors reviewed the interview questions to ensure face validity of the questions. The questions were used as a guideline for the interviews; however, the researchers probed for additional insight into key statements made by interviewees. All interviews were digitally audio- taped, transcribed, and then analyzed. Statistical analyses on ranking data over a 5- year period were used to determine if there was a statistically significant difference between earners and non- earners for one financial metric. Table 1. Is there a gap between management’s perspective of the program and the employees’ perspective of the program? Performance records before and after earning an incentive were reviewed, and an investigation into employee retention was conducted. The following face- to- face interviews were conducted: CEO –1. Management – 9 Participants – 5 Trip Earners – 7. Service Providers – 3. Observations and document review. The case study includes: 1) the purpose and objectives for the incentive travel program from a business perspective; 2) a discussion on how the program is designed to meet business objectives, how success is measured and how the program is justified; 3) how the program is performance- based; 4) how the trip earners are selected, how the trip is conducted, and why it is both motivational and productive; and 5) the impact of the program on all the stakeholders based on their perspectives.
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