Using Gift Cards For Employee Travel Expenses
We recently discussed how 63 percent of companies were spending more than $100,000 annually on employee travel expenses. With more and more employers using telecommuting and teleconferencing, the need for business travel has slowed down, but not by much. Employee travel has grown by about 3 percent in recent years, while the average travel budget has stayed the same.
4 Tips to Save Money on Business Travel
Business travel expenses can really add up quickly. In a 2015 study, PayStream Advisors reported that 63% of companies surveyed spent more than $100,000 annually on travel and expense costs. There is a critical balance between keeping employees happy on the road and protecting your bottom line. Keeping in mind that travel expenses include everything from meals and lodging, special events, and airline tickets, to gas and taxis, take a look at these tips to save money on your employees’ business travel.
Using Points and Miles to Take Customer Engagement and Rewards Farther
Almost everyone accrues points and miles one way or another. Whether it’s a credit card, an airline program, specific retailers, or an app, customer engagement and rewards elevate the relationships customers form with their vendors of choice. Here are three ways points or miles can help take customer engagement and rewards farther:
Employee Travel Rewards Gain Popularity and Value
Employee travel rewards are common and have been since the days of service crystals and 5- year pins. But the way they are being applied in today’s employee reward environment is changing and evolving. Here are three ways employee travel rewards are changing and can be used to maximize effectiveness.
Gas Prices on the Rise, Reward with Speedway Gas Cards
Our entire country suffers from high gasoline prices, but what happens when huge parts of our country go through a drought like the Midwest currently is? Gas prices can actually increase even more from drought; fuel is made of ethanol, a corn product, a commodity in high demand and short supply when drought hits. If you are rewarding employees in the Midwest for going above and beyond the call of duty, for exemplary work, for health and wellness achievements, term of service awards, sales incentives, or for any other reason…consider rewarding with Speedway gift cards. Help your employees afford a family budget line item they need, just to get to work and home. Your employees will also benefit from Speedway’s loyalty rewards program, helping the people who work hard for you, stretch their family dollar.
