How to Measure the Success of Your Employee Incentive Travel Program
One often-overlooked advantage of individual travel reward programs, as opposed to group incentive trips, is that they produce cleaner measurement data.
Tax Rules for Incentive Trips: What HR Leaders Need to Know
The IRS treats performance-based travel rewards as taxable compensation to the employee, regardless of whether the award is cash, merchandise, or travel. The fair market value (FMV) of the trip, covering airfare, lodging, meals, and related costs, must be included in the employee’s gross income.