Return on Investment of Team Retreats
Team Away trips are much more than just a perk for your team. Improve employee retention, forge better relationships in your teams, differentiate your company when recruiting and motivate team members.
Recruitment & Retention
78% of our participants valued perks such as trips abroad as a reason they would stay with a company for longer.
In the current market, attracting and keeping the best talent is at the top of everyone’s list. The competitive nature of the industries we work with means that more and more companies are now offering what would once be seen as a ‘perk’ as standard.
After the pandemic, we are also seeing a rise in the benefits being just as important as salary when it comes to recruitment. Offering trips abroad each year can have a much more significant impact than a similar increase in salary.
Additionally, when you put the cost of offering these trips side by side with the cost of recruitment, you are facing a huge saving as our research shows that an overwhelming majority of our participants feel they would stay with a company for longer as they valued the opportunity to go on retreats.
Furthermore, you avoid the downtime associated with the onboarding and training related to staff turnover.
Productivity Boost
Post-team away, 81% of participants felt re-energised and excited about their role moving forward.
We believe that perks such as company retreats allow a team to work smarter together, and push harder to achieve goals.
By taking a few hours out of the office around a weekend, your team will be able to do some organic relationship building, perhaps work on those issues or processes that annoy everyone and ultimately return to work with a rejuvenated sense of purpose and vision, thus increasing productivity.
Shared Vision
97% of our attendees said they got to know colleagues they wouldn’t normally work with as a result of a recent team away.
In the post-COVID world of remote/hybrid working, the benefits of getting everyone in the same space has become even clearer than before. As we know, remote working can often lead to feelings of isolation and a lost sense of camaraderie between team members.
Research has shown that team retreats and offsites are a great way to combat this feeling. Not only do they allow for open discussions, sharings and events attended by the whole team in an exciting setting, they also promote networking, commitment to company culture and a shared vision.
88% of our trip participants say they feel much closer to colleagues than they did before they went on a team away.
Often, where ‘traditional’ away days fall short, is that they are not enough of a departure from the normal working day. The fundamental goal underpinning any sort of offsite activity is to rejuvenate the workforce, and spark a creative boost by taking people out of their comfort zones and introducing a fresh scene.
At Team Away, we firmly believe that international company retreats are here to stay, and are becoming increasingly popular. This is down to the fact that travelling together creates a sense of shared experience and community that is rarely found with other types of retreats. Chatting to someone you’ve only ever known as an icon on Slack whilst watching the sun go down over the Mediterranean hits on a whole new level.
Recharge your team and create strong bonds to fuel your growth
Team Away trips are much more than just a perk for your team. Improve employee retention, forge better relationships in your teams, differentiate your company when recruiting and motivate team members.