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Where to spend and where to save: balancing travel costs
In an era where everything costs more, slashing expenses across the board may seem like the obvious answer—except when it comes to business travel.
Employees still need (and want) to move around for work, whether they’re getting a ride to an office hub, visiting a client, or attending an industry event. And business travel offers undeniable benefits, such as growth and networking opportunities and valuable face-to-face interactions with clients and colleagues.
But there are also downsides to business travel, including heightened stress, disrupted routines, and other personal challenges. From travel-comfort measures to wellness programs, organizations are looking for ways to take care of their people, both on the road and at home.
Fortunately, there are a variety of ways companies can strategically save and spend so they can maintain their bottom line while maximizing the employee experience.
In this guide, we share tips for:
- Balancing the costliest parts of business travel with culture-building
- Ensuring that employees stay compliant
- Keeping frequent travelers comfortable and cared for on the road
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