The newest appraisal system for rewarding top performers and encouraging other employees to up their performance, has made waves ever since its inception. This main concept behind this unique reward system relates to the long-lastingness and effectiveness of the reward.
Monetary rewards are generally spent almost instantly and then forgotten – there is no long lasting impact and the entire purpose of rewarding is defeated. Incentive Travel, on the other hand, leaves in its wake, pleasant memories that one can cherish lifelong. The opportunity to experience new cultures, explore new destinations, sample new cuisines, and expose oneself to new, exciting adventures during an incentive holiday is definitely a more popular and interesting incentive form for employees and employers alike.
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