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Corps. reconsider use of cash over incentive travel.

Publication: Business Travel News
Publication Date: 20-SEP-04 		Format: Online - approximately 719 words
Delivery: Immediate Online Access

Article Excerpt
Improved financial performance has sparked some corporations to re-examine the potential motivational effects of travel versus other incentives, including cash, debit cards and merchandise. Many buyers believe incentive travel is the must effective of the motivational tools, but its cost and inherent security concerns deter others.

"The use of incentive travel has rebounded considerably. However, since the economy is uncertain--based on the stock market, interest rates edging up a little and earnings questionable at best--we have not come back to pre-9/11 levels at this point," said Jonathan Danforth, president and CEO of meeting and incentive management firm Navigant Performance Group. "Individual travel and merchandise incentives are on...

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