Smart CEO Adds New Vacation Companion Benefit Resulting in 300% Productivity ROI
CEOs, presidents, and especially savvy business owners, have found a way to strategically use their benefits package as a means to drive higher productivity and innovation while gaining a significant boost in employee morale.
What have these smart executives discovered that the rest have not? They have discovered and recognized that stress in the workplace is directly related to lower productivity, higher turnover, workers’ compensation claims, and increasing health insurance due to stress-related expenses, and they have added a benefit Vacation offered by Rovia called DreamTrips to their corporate benefits program. allowing your employees the opportunity to enjoy an incredible vacation at even more incredible prices.
These forward-thinking decision makers understood that they would benefit from these six critical points:
Productivity. Independent studies indicate that employers can expect that for every dollar they spend on vacation benefits, they will receive three dollars in return for increased productivity.
Recovery reduces medical expenses. World-class athletes around the world realized that recovery was just as important, if not more so, than intense training and a personalized diet. Without proper recovery, the body and mind cannot function at higher levels and will eventually break down. Common sense dictates that employers must be proactive in the well-being of their employees.
Innovation. Being exposed to different cultures and new changes of scenery often alters the mind towards innovative thinking and inspires significant breakthroughs. What does a good idea or a new product mean for the bottom line of your business?
Loyalty. Almost all companies claim that their people are their best asset. Very few actually show it. A vacation benefits package creates loyalty and appreciation like never before in companies and gives you a head start on talent acquisition.
Prestige. When a company offers a unique, high-quality benefit, the entire organization is perceived more broadly. Leaders have the opportunity to stay ahead of the competition and have a head start in acquiring talent.
Sense of value. When a company expresses its appreciation for a job well done by offering a vacation benefits package, it improves its relationship with the employee. The employee gains a sense of self-worth in the process.
With the economy showing signs of improvement, smart business leaders are using this exceptional new fringe benefit to the greatest advantage by showing their employees that they have been appreciated.