Human beings are social creatures. That’s a simple statement of fact! Some of the world’s greatest minds seemed to think so, at least, with philosophers like Aristotle claiming that “man(kind) is by nature a social animal”. Is it any surprise, then, that as the world of work has progressively become more distributed, the need for corporate retreats and other events bringing teams together has risen?
In fact, corporate events have increased as the
primary reason for travel by about 30%, while corporate offsites in particular have doubledin volume. That’s because we crave face-to-face interaction with our peers. While work-life balance may have improved with the switch to remote and hybrid working, it has become clear that collaboration and communication can be affected when we move teamwork online. While some tasks benefit from the focus that a home workday can bring, others depend on the trust and sense of belonging we get from meeting in person.
From departmental catch-ups to company-wide getaways, the ways companies bring their teams together are undergoing a revolution. More and more organizations are choosing to skip the traditional shared working environment and meet on the road to reap the benefits of combining their team-building activities with new and exciting surroundings. Taking your team out for a kayaking or zip-lining adventure is becoming more and more popular, and a growing number of corporate events are happening at exciting locations like golf course hotels and more!
So why are business retreats good for business? Below we share a host of stats that demonstrate the power of gathering your teams, so let's dive in!
- 60% of business travelers and corporate travel policymakers believe remote working will change the nature and frequency of work trips (Skift).
- Nearly 50% of company employees were most looking forward to getting back to attending trade shows and events at conference centers when travel re-opened (TravelPerk).
- The importance of business travel regarding employee engagement and retention is set to increase as millennial and GenX employees will make up 75% of the workforce by 2030 (U.S. Bureau of Labor Statistics).