San Diego Boat Tours - Corporate Incentive Yacht Charter

Incentive/Rewards Programs • Entertaining VIP Guests
Corporate Meetings

Sales/Reward Incentive Programs

It has been well-documented that rewards/incentive programs help with employee motivation. A recent Incentive Federation survey found that approximately 80% of respondents found non-cash reward programs to be effective in motivating participants. This is supported by a research study produced by The Society of Incentive & Travel Executives (SITE) Foundation which confirms that incentive programs increase work performance an average of 22 percent.

It has also been show that strictly cash is not the best reward for several factors, a few of which are

• it takes 3 times the incentive investment compared to non-cash incentives;
• cash is usually spent on necessities, thus lacking a positive association with the targeted accomplishment;
• cash lacks the memories, emotional attachment and trophy factors that non-monetary rewards can have.

Contrast this to providing a charter on a private yacht. The memories (as well as pictures) from the charters will be available for years and provide a high trophy value. This value is not only for the employee who had achieved the award but for all those who participate in the charter. Often this will be close friends or family - this provides a tremendous boost to the value of the reward.

Not only are these types of rewards applicable to individuals but also to small groups which merit them.

A private yacht charter reward can provide tremendous ROI for your company.

Safety Incentive Yacht Charter

Safety incentive programs are also one of the most effective ways of increasing safety performance. These can be targeted to a variety of events such as days without reportable accidents, months without lost-time injuries, decreases in workers compensation claims, training courses taken related to safety and more.

The outcome of a safety program is often easily judged by decreased lost-time injuries, sick days and the like. It is easy to see how these programs pay for themselves very rapidly.