Travel + Leisure Co. Unveils $ 1,000 ‘Stay Bonus’ for New Employees and Existing Associates in Major Resort Markets | Business
ORLANDO, Fla .– (BUSINESS WIRE) – June 3, 2021–
Travel + Leisure Co. (NYSE: TNL), the world’s leading leisure and membership travel company, recently implemented a revamped strategy to attract and retain associates in key departments across the United States by forecast for a busy summer season.
For new hires and existing associates in hourly operations and hourly supervisor positions at its nearly 200 US-based Wyndham Destinations resorts, Travel + Leisure Co. is offering a “stay bonus” for staying in the resort. company until September 7, 2021. Operational Hourly associates hired before June 1, 2021 will be eligible for a bonus of $ 1,000. Hires in June, July and August will be eligible for bonuses of $ 750, $ 500 and $ 250, respectively for staying until September 7, 2021. Hourly Supervisory Associates hired before June 1, 2021 will be eligible for a bonus of $ 1,500, while the months of June, July and August hires will be eligible for bonuses of $ 1,125, $ 750 and $ 375, respectively.
Additionally, the company, which already paid more than $ 2 million in associate referral bonuses before the pandemic, continues to invest in its people – rather than external recruiting services – with improved referral payouts. $ 1,000 for all US-based resorts. operating positions and up to $ 12,500 to recommend qualified candidates to open sales positions.
“2021 is shaping up to be a strong year for the return of leisure travel, and we need the best talent to deliver the best experience for our owners and guests,” said Kimberly Marshall, Director of Human Resources at Travel + Leisure. Co. “In previous years, we have hired over 1,400 associates per year based on referrals from our existing associates, and we know that people hired on the basis of referrals are more likely to stay with our organization for an extended period of time. By incentivizing existing and incoming employees with some of the industry’s largest referral and retention bonuses, we continue to build our incredible team. ”
The company is also experimenting with innovative options for hybrid compensation and compensation programs designed to attract and retain new sales and marketing associates in key locations. The program allows newly hired sales representatives and marketing agents to receive a fixed hourly rate – in addition to a bonus – for a period of up to six months. Participants would also have the option of switching to an incentive plan earlier for higher earning potential.
“Taking a commission-based job for the first time can be intimidating, which is why a pilot program like this allows new associates to earn a salary before switching to the traditional sales incentive model,” added Marshall. “This is just one example of how our innovation fuels the attraction of talented associates – we always think outside the box to develop leading recruiting and retention techniques.”
Current hiring efforts are focused on positions in the company’s core markets – popular summer travel destinations where resort occupancy is expected to be highest. These markets include Orlando, Florida, Las Vegas, Nevada, Nashville, Tennessee, San Antonio, Texas, Williamsburg, Virginia, Branson, Mo., and the Carolinas.
Travel + Leisure Co. offers competitive advantages to support the welfare and financial goals of its associates and their families, including medical, dental, vision and life insurance programs, a 401 (k) matching plan and travel discounts. Job seekers can explore the career opportunities available at careers.wyndhamdestinations.com.
About Travel + Leisure Co.
Travel + Leisure Co. is the world’s leading leisure and membership travel company, with nearly 20 travel brands in its portfolio of resorts, travel clubs and lifestyle. The company delivers exceptional vacation experiences and travel inspiration to millions of owners, members and subscribers each year through its products and services: Wyndham Destinations, the largest vacation rental company with more than 245 clubs holidays in the world; Panorama, the world’s largest subscription travel company that includes the world’s largest vacation exchange company, leading travel technology and subscription travel brands; and Travel + Leisure Group, which offers leading online and print travel content, online booking platforms and travel clubs, as well as branded consumer products. At Travel + Leisure Co., our global team of associates provide hospitality to millions of people, turning vacation inspiration into exceptional travel experiences. We put everyone on vacation. Learn more at travelandleisureco.com.
KEYWORD: UNITED STATES NORTH AMERICA FLORIDA
INDUSTRY KEYWORD: HUMAN RESOURCES MARKETING COMMUNICATIONS PROFESSIONAL SERVICES OTHER TRAVEL ACCOMMODATION DESTINATIONS HOLIDAY TRAVEL
SOURCE: Travel + Leisure Co.
Copyright Business Wire 2021.
PUB: 06/03/2021 09: 00 / DISC: 06/03/2021 09:03
Copyright Business Wire 2021.