Credit crunch Solutions For Corporate Events

The credit crunch has brought a far reaching effect across the great majority sectors of the business world. This has left employers facing an arduous problem: How do you keep morale and loyalty with the workforce whilst also keeping costs to a minimum and also satisfying well-known 'green police' who examine all aspects of steps spending and frown whether extra costs on items like travel are expended?

Is it worthwhile?

In almost all avenues of life, it is remarkable the amount difference a little perk or benefit develop a much greater return of loyalty as opposed to item actually cost deliver.

When times are hard but it is all too easy to scale back on these little tasks without realising the knock on effect it may having.

Holding back at the perks means that employees can expect little reward for their makes an attempt and diligence.

Interestingly, but remember companies also using the excuse at the credit crunch to scale back on perks but not necessarily to save money. Banks have been respectable to cut perks to put employees the impression they are under financial pressure. In theory this leads the personnel to work harder make certain their salary is more secure.

With a little creativity however business can beat the market meltdown and still enjoy the perks they were used to.

What are considered the options?

Traditionally companies have shied absent expensive but short lived events in:

• Days out at Ascot, Wimbledon, Henley Regatta, Premiership Football






• Corporate golf ball days / motorsports






• Executive yacht charter

All inside carry a certain exclusivity however offer very little in the way of team building opportunities merely event 'bonding'.

Because by dramatic change in small tourism market, new opportunities for extended, more effective Corporate Events have sprouted with hotel and chalet operators down the European continent especially on his France, Switzerland and Italy.

Luxury accommodation has become affordable caused by demand having shrunk. This has enabled motorists like Ten80 Events to give week long fully maintained 5 star trips for a fraction of what it would have cost the actual credit crunch hit.

"Our customers are increasingly conscious of the standards have risen and many costs fallen and their offers is like nothing they've got experienced before" says Alistair Slinn that many Ten80 Events.

Companies are also benefiting from the opportunity to run a corporate event during winter months thereby avoiding competition using the increased domestic travel experienced during the warm months months.

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