It might sound counterintuitive to companies dead set on reducing costs, but there are significant perks to expanding the company travel budget, especially for businesses that have offices set up all over the globe.
In fact, putting more money into travel might make employees happier, create stronger relationships with customers, and ultimately lead to higher profits. At least that's what new research from the Harvard Business Review suggests.
This week we dig into the numbers behind these findings and look at the reasons why travel spend is so beneficial.
Plus we lay out the lingering fears of travel managers in the wake of the Boeing 737 Max 8 grounding.
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