Meeting Planners Agree That Cost Is The Top Priority In Destination Selection
Many companies have been hit by the recession and are looking for ways to cut costs. In some cases, businesses have even considered doing away with incentive travel programs and opting for meetings and corporate events that are close to home in an effort to save money. Unfortunately, companies that are cutting incentive travel programs often do not recognize that this morale boosting tool is actually much more cost-effective than salary increases and bonuses, and is sure to leave a lasting impression on participants that will foster increased productivity and employee satisfaction. Rather than cut these programs, businesses should take a look at incentive travel options that offer significant cost savings.