These days most larger companies have a corporate travel policy. This defines the hotels that employees can stay at, when you can travel business class instead of economy, which airlines to use and other information. The aim of a corporate travel policy is usually twofold: to keep things fair between employees and to ensure travel costs don’t get out of hand. A great corporate travel consultant will know yours back to front and ensure you get the best deal whilst sticking to your company’s rules.
As mentioned in a previous article, a travel policy may include rules such as ‘must book a non-flexible fare’ versus always getting the more expensive flexi fares. People like to have the choice to change their flights but most often they don’t actually need to. Another travel policy rule that we feel is very important is that senior executives should never travel on the same flight together in order to mitigate risk. Whilst it’s not a nice thing to think about, if a plane goes down with the entire senior team on it, your company will go down too.
For smaller organisations (1-20 employees), a corporate travel policy is more than likely something that hasn’t even been considered but probably should be even if travel isn’t regular. As business travel is one of the main expenses after wages a corporate travel policy may help you save money as we can help you get access to specially negotiated rates for hotels and airfares.
We have developed corporate travel policies for our clients that come from a large range of industries such as finance, mining, underwater exploration, retail, automotive and more.
At TTFN Travel we can help tailor a corporate travel policy that suits your needs and provides more value for your existing travel spend. Call us today on +61 (08) 6382 5000 today to discuss your needs.
Article by Nicola Billens
Nicola Billens is an experienced traveller, having visited all the continents (except Antarctica) over the last 20 years. She’s lived in France, England, Austria and New Zealand and spent many years and many dollars experiencing what this wonderful world has to offer.