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Business Travel Tips: Travel Perks for You and Your Company
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Business travel can be exhausting but the long hours come with their rewards – not only for the traveler, but also for their employer and the U.S. economy.
How Travelers Benefit
Business travel can pay off for the employee by providing job security. Whether they traveled for educational purposes (which makes them better equipped for the job than a new employee walking off the street) or they were able to score a great deal for their company, their commitment shown through their travels should help them solidify their place in their company.
Travelers whose companies utilize a frequent flyer or travel rewards credit card can also benefit by traveling in comfort.
How Employers Benefit
Business travel often results in extra revenue for a company. Whether it’s through increased productivity thanks to knowledge gained at a conference or the addition of new clients, the investment they may in the travel typically pays off in the end.
If employers are smart with the payment methods used for travel expenses, they can also cut down on future travel expenses, bringing even more to their bottom line.
How the Economy Benefits
Rental car, gas, hotel stays, meals, and airfare – the business travel costs can quickly add up. Every travel related expense pumps money into the U.S. economy. It may surprise you to learn that all of the business travel that occurs in the U.S. results in $246 billion in spending. This translates to 2.3 million American jobs.
Negative Impacts of Business Travel
Of course, as with any situation, there are always draw backs. Here are some of the negative returns that business travelers may experience from their late nights, long drives and mad dashes through the busiest of airports:
(Additional Writing by Meghan)
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