Business travel is on an upward trajectory, despite the difficult task of forecasting amid global uncertainty and changing conditions. For companies striving to overcome hurdles within the workplace, the message is clear as shifts in the economy and workforce continue to create exciting opportunities for businesses – especially small and medium-sized enterprises (SMEs).
As highlighted in a new white paper, The Great Resignation, a Shifting Narrative, events that have taken place over the last two years have caused disruptions in work and travel, with employees exiting the workforce at unprecedented rates.
From the time of publication, we can also include the latest workplace trend, quiet quitting, which really isn’t quitting at all, but a work style that takes a softer approach – or as a way for those not quite ready to make a departure from their position, to work light.
Travel as a positive force for good can shift these trends by facilitating a stronger and more motivated culture where employees are engaged and connected to the company’s overall mission. Alongside other work best practices, travel can transform the workplace by reinvigorating conversations around well-being and productivity and by providing teams with a way to reconnect with colleagues.
How can business travel help your company thrive in this new work environment?
Travel can boost employee well-being
Travel’s intrinsic rejuvenating potential can be used to boost overall employee happiness through a centralized and ingrained strategy. This can include offering benefits such as cost-free therapy, paying employees additional wages to take vacation days, partnering with corporate well-being providers, and providing enhanced travel opportunities for individuals or teams.
New hires benefit from a strong company culture
Whether your employees are working in a remote, hybrid, or in-person environment, travel can improve how new hires experience company culture. Opportunities for more meaningful touchpoints are now readily accepted as dispersed and remote workforces come together in person. As a result, companies can address internally driven needs, such as culture, collaboration, and reconnection, resulting in higher employee job satisfaction and lower attrition percentages.
Small and medium-sized enterprises can make an impact
SMEs are positioned to play an ongoing role in the economic recovery. This is due in part to the volume of SMEs and their ability to remain creatively agile during times of shifting uncertainty. Your organization can stay ahead of the curve by using travel as a facilitator to propel business and in-person connections forward – essentially blazing a trail that will help fuel continued economic growth.
As changing times continue to swirl around us, it’s important to keep these positive outcomes in mind. The Great Resignation has changed the narrative – and the shifting landscape for businesses will continue. Still, it’s never been clearer that how and where we align and work will continue to evolve, and that travel is inherently tied to that evolution as a positive force for good.