With the older generations holding executive positions, Millennials making up the majority of the workforce and generation Z just entering the workplace, there are several factors businesses should be aware of when it comes to business travel policy for each generation.
There are several factors to consider when searching for the right travel management company for your nonprofit and asking the right questions makes all the difference.
Choosing a travel management company for your business is an important decision. Therefore It’s essential that your company considers these key factors.
Having a solid travel policy is key when it comes to successful business travel, however you may still receive these 9 questions.
You're already really familiar with Google and Amazon—you may even use their services to supply your company's technological needs like email and cloud computing services. Would you turn to these big names for tools to handle your corporate travel needs?
If a company doesn’t use a travel management company or have a proper system in place, managing travel spending become a challenge—especially when employees are booking their own travel.
You've carefully shaped your organization's travel policies to create effective habits that fit the specific needs of your organization. Some employers allow employees to take extra days at their destination if they want to use vacation time. Others have set limits on what employees can spend while they're traveling or how they're allowed to access the funds they use when traveling.
As a business travel manager, you have two key goals. First and foremost, you want to keep your bottom line under control; but you also want to be sure that your travelers are as happy as possible when they have to be out on the road. Travel is inevitable for many businesses, but not every employee enjoys travel—and many of them quickly become frustrated with the process.
With global business travel spending expected to reach $1.7 trillion by 2021, you need to be prepared to improve your company's approach to domestic and international travel.
Travel policies can be the backbone of a successful corporate travel program. Unfortunately, many companies simply create one and move on. They do not spend the necessary time regularly updating them, despite having spent tremendous resources on building the policy to begin with.