Corporate Travel

Corporate travel refers to the travel arrangements made for employees of a company for business-related purposes. This could involve domestic or international travel for meetings, conferences, training, client visits, or other professional activities. Key aspects of corporate travel include:

  • Booking and Planning: This often involves booking flights, accommodations, car rentals, and other travel-related services for employees. Many companies rely on travel management agencies or software to streamline the process.
  • Expense Management: Corporate travel typically involves managing travel budgets and ensuring that employees stay within company guidelines. Some companies provide per diems or reimburse employees for travel expenses, while others use corporate credit cards.
  • Corporate Travel Policies: Companies usually have policies in place that dictate preferred vendors (e.g., airlines, hotels) and set limits on travel costs to help control expenses. Policies may also address issues like safety, insurance, and travel approval processes.
  • Safety and Duty of Care: Ensuring the safety and well-being of traveling employees is a priority. This may include ensuring travel insurance is in place, offering emergency support, and providing guidance for handling travel disruptions.
  • Sustainability: In recent years, businesses have started to focus on sustainability when planning corporate travel, considering options like eco-friendly hotels or flights with lower carbon emissions.