Incentive Travel Facts

Incentive Travel combined with Training can help with the following challenges:

1. According to the Deloitte 2005 Technology Fast 500 CEO Survey, the key CEO Challenges were identified as:
   #1 Developing Leaders
   #2 Achieving and sustaining profitability
   #3 Engaging employees in the company's vision
   
   
2. According to the Deloitte 2005 Technology Fast 500 CEO Survey, the biggest challenges in sustaining a company‘s revenue growth are:
   #1 Developing and bringing new products to market
   #2 Building strategic relationships
   
   
3. According to a report that IBM released February 2004, which based on a worldwide cross-industry survey of CEOs: 80 percent of CEOs surveyed believe revenue growth is now their top priority (though continued cost-containment discipline remains important).
   
   
4. An impediment to revenue growth: Seven out of ten U.S. employees are not engaged in their work. - Source: The Gallup Organization as reported in the Bureau of National Affairs, Inc. - January 2003.
   
   
5. An impediment to revenue growth: Fewer than one in four American workers is working at full potential; half of all workers do no more than directly asked, and 75% of employees say they could be more effective in their jobs. - Source: Public Agenda forum.
   
   Voyager can achieve more productive and inspired human assets. More productive and inspired human assets can mean greater achievement in revenue growth, better cost containment, stronger strategic relationships and more creativity. It all depends on whom you give what incentive and what tools you give them to succeed.

Incentives and Rewards have proven performance results

1. Tangible incentives increase performance an average of 22%.
   Programs extending beyond one year produce and average 44% gain.
   - Source: The Society of Travel and Incentive Executives - SITE, Spring 2002.
   
   
2. "Reward and retention efforts can produce multi-million dollar returns." That’s what Andersen Consulting found in a survey of about 500 executives at more than 250 companies. The study revealed that programs to reward leading sales, marketing, and customer service people can give a $40 million lift to a business’s bottom line. -Source: Copyright IMA
   
   
3. Companies with a strong link between corporate strategy and incentives programs see a shareholder return that is some 40 percent higher than other companies without such strategies. Source: The Aberdeen Group.

Incentive Travel is the most desired and effective reward

1. A question asked on the Wirthlin Worldwide Research 2003 survey was “Suppose your employer wanted to reward your work performance. What would you find most rewarding?”
   a. 88% - indicated a trip they plan and take with a companion to the destination of their choice
   b. 5% - indicated a trip planned for them and a companion of choice with their co-workers
   c..5% - indicated a trip planned just for them and their co-workers
   
   
2. According to the 2003 Incentive Travel Facts survey, travel incentives increase sales by an average of 15%. In addition, half of the respondents reported that travel incentives meet 75% - 99% of their objectives. (Incentive Magazine)
   
   
3. According to the result of an email survey conducted by CMI, 58% say travel is more effective than cash or merchandise. Survey respondents consider travel to be the most effective reward. (Incentive Travel Fact Book)
   
   

Voyager Worldwide increases the performance of a company's human assets through vacation travel incentives integrated with performance training.