HRreview 20 Years
This field is for validation purposes and should be left unchanged.
Subscribe for weekday HR news, opinion and advice.
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

Should room be made in budgets for travel?

-

Businesses should make room in budgets for travelTravel is a priority for firms which have to make business deals face-to-face, one sector commentator has claimed, which may prompt businesses to make more room for travel funding in their budgets.

Stanislas Berteloot, marketing director of travel and expense management firm KDS, explained that despite the recession, business travel was still a "necessity" as such meetings were "essential" to organisations.

However, he urged airlines to cut the costs of their business class tickets to encourage more employees to fly.

"I don’t think it’s a question of looking at how to make them more appealing, it’s a question [of] how they could be a bit cheaper and [more] affordable," Mr Berteloot stated.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Currently, the recession is causing many companies to slash their travel budgets.

According to KDS, 71 per cent of business travellers said their companies had significantly reduced their travel budgets, while 37 per cent saw cuts made over six months ago.

wellbeingpagebanner

Latest news

Leading people and culture across a global luxury hospitality brand

A senior HR leader at a global hotel group explains how culture, leadership and technology are shaping the employee experience across international operations.

Public contracts to favour firms that deliver jobs and apprenticeships

UK firms bidding for public contracts must now show how they will create jobs, apprenticeships and local economic value under new government rules.

Revealed: Women sell themselves £9,000 short before they even apply for jobs

British women are applying for lower-paid roles and setting lower salary expectations than men, new figures reveal.

Felicia Williams: Why ‘shadow work’ is quietly breaking your people strategy

Employees are losing seven hours a week to tasks that fall outside their core job description. For HR leaders, that’s the kind of stat that keeps you up at night.
- Advertisement -

Redundancies rise as 327,000 job losses forecast for 2026

UK job losses are set to rise again as redundancy warnings hit post-pandemic highs, with employers cutting roles amid rising costs and economic pressure.

Rise of ‘sickfluencers’ and AI advice sparks concern over attitudes to work

Online influencers and AI tools are shaping how people approach illness and employment, heaping pressure on employers.

Must read

Maggie Berry: Creating a supportive environment for women in the workplace

There’s a lot of talk about creating the right...

Amelia Brand: Is Elon Musk a leadership nightmare?

Is Time magazine’s 2021 ‘Person of the Year’ a narcissistic bully or a leader with unique style?
- Advertisement -

You might also likeRELATED
Recommended to you