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Executive Assistants, Office Managers, and Administrative Professionals count on our curated content for actionable advice, new tools and frameworks, and valuable insights on the rapidly evolving workplace.After administering an employee engagement survey, CSD found that only 30% of their employees felt recognized at work.Gamification is an opportunity for good-natured competition and camaraderie, bringing together your employees as they reap the rewards of their frugalness while also working toward a common goal. Part of this responsibility lies with your travel management company, but don’t wait around for other people to make suggestions.For more tips on incentivizing your employees to spend less on travel, check out our article on how to incentive travelers and boost policy compliance! Anyone could tell you that companies like Uber, Lyft, and Airbnb are changing the landscape for both business and personal travel, and that by expanding your employees’ travel options, you can reap savings.Just as you would like your employees to turn in their expense reports as quickly as possible, your employees would also like to see their bank accounts reimbursed asap for the funds they spent traveling to Bangkok to woo that super important client into your company’s loving (metaphorical) arms.Making sure the expense approval and reimbursement process goes quickly and smoothly helps keep company morale high and motivates your employees to execute their jobs efficiently.Nobody is perfect; that’s why the IRS invented audits.Follow their example and conduct regular audits of your employees’ expense reports, keeping in mind the triangle of fraud (need, opportunity, ability to rationalize the action).
Fifty percent of the money saved goes back to your business, and the other fifty percent is gifted to the employee as a cash reward. This model works, Ruch explains, because “Googlers are motivated to save today so they can splurge tomorrow.” c. Tap into your employees’ competitive streaks and establish a tournament of travel expenses, wherein the person who saves the most for their round of travel wins a prize and also advances to the finals at the end of the year (where you will of course dangle an awesome bit of bait). If you’ve been using the same travel management company for years and your service package hasn’t changed, it may be time for an upgrade. It’s important that you regularly evaluate and update your travel policy in order to take advantages of emerging technologies and travel innovations that could help save your company money.
Efficiency plus saving money through extra time to work on the real aspects of their job. This could be in the form of a regular email shout out or during a larger gathering, such as the end-of-the-year holiday party.
Taking the time to recognize hard work pays off enormously in terms of employee productivity, loyalty, and longevity. Constructive criticism can be a tricky thing, but as most people looking to succeed will tell you, honest feedback is key to evaluating performance and accelerating improvement.
(Hint: if you fall asleep while reading it, your employees will too.
And if you haven’t already, check out our guide to writing an effective travel policy or download our free travel policy template!
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You’ll never know what fell through the cracks until you shine the light and see what’s down there.