Blog: Does Your Travel Policy Attract and Retain Top Talent?

Find the Travel Program For You

With record-low unemployment levels in the U.S., many companies are facing challenges around retaining and attracting top talent – the pendulum has swung in favor of employees. What can you do to make your company more attractive to potential and current employees? Massage chairs and nap rooms are nice, but something more meaningful is a traveler-centric travel policy.

Work-life balance has become a hot topic in recent years, especially for those employees who spend a lot of time on the road for business. Being able to get to their destination, take care of business, and get back home to be with family and friends are their top priorities. Travel policies that require taking bad flight connections, staying in out-of-the-way hotels, and renting compact vehicles to save a few dollars only serve to encourage your top road warriors to look for employment elsewhere and repels new job applicants. Don’t be surprised if an applicant requests to see your travel policy during the interview process. You would, too, if you were required to be on the road every week.

When travelers believe their company has their well-being in mind, they’re happier, more loyal, and work harder for you, which results in better business outcomes, so it’s a win-win situation. Consider the alternative: key employees that depart your company and must be replaced. According to The Society for Human Resource Management, the average cost-per-hire is $4,129, while the average time it takes to fill a given position is 42 days. And, don’t forget the cost to train new employees.

Having a traveler-centric travel policy doesn’t have to break the bank. If you’re having trouble getting started, contact Travel Leaders / Destinations Unlimited for assistance.