Would you take less pay if it meant more travel?

Peter Terlato 31 January 2017

shutterstock_117016657

Nearly one-third of business travellers would take a pay cut in exchange for additional work trips.

New research shows global corporations may be undervaluing the opportunities associated with employee business travel, neglecting the motivational and remunerative benefits.

A survey commissioned by Booking.com for Business found almost one-third (30%) of business travellers would happily take a lower-paying job if it meant they were able to travel more frequently for work.

The findings support the notion that employees are more inclined to combine work with pleasure.

More than half (55%) of all respondents said they enjoy travelling for business.

Half of global business travellers (49%) have extended a business trip at some point over the last year.

More than one quarter of these employees (27%) intend to repeat this endeavour in 2017, while half (46%) of all respondents are convinced they will undertake more business travel in 2017 than they did in 2016.

"No longer seen as lost time or a career inconvenience, business travel is increasingly seen as an opportunity to expand horizons, find inspiration and progress in a career," Booking.com for Business Ripsy Bandourian director of product development said.

The study also identified the fastest-growing city destinations for business travellers, based on escalated bookings over the last 12 months.

Shanghai in China leads the charge, followed by Tokyo in Japan and the Thai capital of Bangkok.

Top 10 fastest-growing business travel destinations

RankCity
1Shanghai
2Tokyo
3Bangkok
4Guangzhou
5New York
6Budapest
7Singapore
8Hong Kong
9Prague
10Amsterdam

Almost two thirds (62%) of business travellers want to experience as many activities as possible when visiting new locations, while close to a quarter book domestic trips (23%) within a week of departure and international jaunts (24%) four weeks or less before taking off.

Travelling for business? Find corporate travel insurance for individual and group trips to avoid disruption.

Business debit cards give you the convenience of using your own money to make business purchases.

Latest travel headlines

Picture: Shutterstock

Latest Travel Offers

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
feedback