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Posts Tagged ‘Return On Investment’

Incentive Cruises: A Great Return on Investment

June 16th, 2010

The job of a meeting planner is to determine a meeting venue that will provide the most motivation for employees to be top-performers and provide the organization with the best value for their money. In times past, this has been a difficult feat for meeting planners. With the advent and popularity of meetings at sea, successful meeting planning has become a bit easier. Not only are cruise events ideal ways to motivate employees, but they can save organizations up to 40 percent of the cost of a land venue such as a hotel or resort.

A ship charter, as opposed to a land venue, can save a company quite a bit of money as mentioned previously. There are other ways in which cruise events can be financially beneficial. Because the cost of lodging, meals, entertainment, and recreational activities can be included in the price, there are no additional expenses that will be incurred. There are many dining experiences from which employees may choose, and the entertainment options are numerous. Since a cruise is a self-contained environment, employees will be more readily available for group events and employees will have a better opportunity for relationship building and networking occasions.

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‘Meeting Planner’ One of 2010’s 50 Best Careers

February 12th, 2010

According to a US News & World Report on December 28, 2009:
A Meeting Planner is one of the 50 best careers of 2010, and should have a strong growth over the next decade.”

According to the weekly news magazine's report, the employment of meeting and convention planners "is expected to grow faster than the average for all professions over the next decade or so" thanks to the "growing importance of meetings to increasingly global companies."

Because the recession caused a contraction of the meetings industry in 2009, U.S. News said today's meeting planners have to be "tougher," "willing to negotiate for lower costs and better perks," and "willing to face tough questions on budgets and return on investment."

Despite companies' reduced meeting budgets, however — and in spite of the AIG effect, which caused an unfortunate association of off-site meetings with corporate excess in 2009 — U.S. News concluded that "most organizations recognize the value of the face-to-face meeting — as not just a perk but an imperative for companies that have greater global reaches."

Anticipate this future need for meeting planners and establish yourself by enrolling in a Meeting and Event Planning Certificate Program. This type of certificate program will give you the knowledge to position yourself for the future with a new career or enhance your current job or validate skills you are already using in your personal or professional life.

 

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