Incentive Trips

Question 1

Incentive trips promote what in the workplace

Answer 1

Motivation and productivity

Question 2

What is the theory of employee motivation (Vroom,1964)

Answer 2

Individuals tend to act in a certain way based on the expectation that the act will be followed by a given outcome and on the attractiveness of that outcome to the individual

Question 3

Expectancy theory

Answer 3

Effort➡️ performance➡️ outcome ➡️ motivation

Question 4

Why is incentive travel more effective than other rewards?

Answer 4

Behavioral economics (psychological insights into human behavior to explain economic decisions-making)

Pain on paying - something I need rather than something I enjoy

Cash is quickly forgotten

Memories/kinship relations last longer

Cash incentives are often viewed as simply “more salary”

Question 5

Advantages of incentive trips to the employer

Answer 5

Fascilitates communications and networking opportunities

Foster corporate culture and social interaction

Generates enthusiasm for the following business period

Fosters loyalty to the company

Camaraderie

Team spirit

Can stimulate non-winning workforce

Question 6

What should employees feel after completing their incentive trip

Answer 6

Meaningful, movitational & memorable

Question 7

What kind of planning is required for successful incentive trips?

Answer 7

Long term planning (1-3 years in advance)

Bucket list aspirations

Matching incentive program to corporate objectives

Variety - no repeating destinations

Tailored to fit needs and desires of employees