Whether you are trying to keep a team of employees motivated or you need to reward your most valuable clients, the goal is to give a gift or reward that will enrich their lives and bolster your relationships. Experiences do just that, by enabling your gift and reward recipients to create new lifelong memories - memories they'll forever tie to you!
Here are just a few reasons why Experiences are becoming more popular within organizations' recognition programs and as a means to reward valued clients and customers.
1) Experiences Provide the Ultimate in Trophy Value
Imagine walking into your co-workers office and seeing pictures of them golfing at Pinehurst #2, Driving a Stock Car or on a Hot Air Balloon Ride. Your initial reaction will probably be, "Wow! When did you do that?" After they tell you that the company gave it to them, you will most likely try to find out how you can earn an experience of your own.
These "trophies" serve as constant reminders of what is possible within your organization.
2) Experiences Exploit the Wants vs. Needs Phenomenon
Simply put, a Need is something that you must have - food, shelter, etc. A Want is something you would like to have - a new car, more time with your family, etc.
Incentive programs that offer luxury rewards or non-essential items (Wants) are the most effective means to trigger heightened performance. Wheras incentives that are readily applied to obligations and necessities (Needs) draw all of the life out of an incentive program and create an association with personal burdens.
3) Breathe New Life Into Corporate Culture and Increase Employee Engagement
There is a direct link between employee satisfaction and customer satisfaction. Does your business effectively maximize this connection?
Through Experience rewards, engaging companies can transcend the catchphrase notion of "work/life balance" and actively incorporate that concept into the companies operations, driving personal passions within the framework of corporate objectives and achieving long-term loyalty.
The end result? A new face is stamped on the Corporate Culture. It is high impact, engergetic, engaging and highly effective.
In conclusion: Experience Gifts and Rewards deliver on the goal of every recognition and incentive program by delivering unparalleled results. To learn more about how Experiences can help your business maximize employee engagement and loyalty, download our free whitepaper "Why Experience Gifts Outperform Traditional Employee Gifts Every Time"