{"id":1877,"date":"2014-10-21T20:15:12","date_gmt":"2014-10-21T20:15:12","guid":{"rendered":"https:\/\/www.peeriosity.com\/shared-services\/articles\/?p=1877"},"modified":"2022-08-12T09:41:33","modified_gmt":"2022-08-12T09:41:33","slug":"thresholds-for-business-class-travel","status":"publish","type":"post","link":"https:\/\/www.peeriosity.com\/shared-services\/articles\/2014\/10\/thresholds-for-business-class-travel\/","title":{"rendered":"Thresholds for Business Class Travel"},"content":{"rendered":"

With the move to control discretionary spending in recent years, many companies have significantly reduced their travel budgets. \u00a0One opportunity to secure large gains in this space is by restricting business class travel, where the price difference for a single trip can be $4,000 or more.\u00a0\u00a0 Given that the most powerful executives are often frequent travelers, setting the policy can be difficult, and there often is a threshold when an employee can book their trip in business class.\u00a0 And, since the majority of companies have a mix of local and global travel policies<\/a>, creating policies that are consistently applied globally can be difficult. <\/span><\/p>\n

Recently, a Peeriosity member from a large global company that didn\u2019t permit business class travel wanted to understand the approach followed by peer companies, and also understand the mix of global and local policies for the travel process.\u00a0\u00a0 To find out, the member created an iPollingTM<\/sup> question and within 48 hours they had their answer.\u00a0 \u00a0 <\/span><\/p>\n

The poll results indicated that 78% of member companies allow travelers to book in business class with certain restrictions.\u00a0 For 22% it is simply a matter of job level, and for 56% an approval threshold is set based on either the trip duration or the distance traveled.\u00a0 Here are the details:<\/span><\/p>\n

\"can <\/span><\/p>\n

Results to the question about the scope of the travel policy were surprising, with 57% reporting that they have a mix of global and local policies, and just 35% reporting that travel policy<\/a> is set and managed only on a global basis. \u00a0\u00a0Creating a consistent travel policy<\/a> not only improves the efficiency of the travel process, but it can also reduce complexity for the traveler, as well as ensure a proper balance between business need for travel perks and the cost of the premium services.<\/span><\/p>\n

\"ipollingwhat <\/span><\/p>\n

Here are examples of some of the additional comments from Peeriosity members that were added when they responded to these questions: <\/span><\/p>\n