Thais willing to take lower-paying jobs for more business travel opportunities
A NEW survey by Booking.com for Business revealed that 43 percent of Thais would accept a lower-paying job if it meant better travel opportunities. This figure was 13 percent higher than the global average.
The research also showed that employers are potentially undervaluing business travel as a staff remuneration “bargaining chip” as well as a workforce motivation and retention tool.
Ripsy Bandourian, director of product development at Booking.com for Business, said, “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.
“Today’s laptop and latte breed of employee is increasingly mobile and fluid with their travel plans, looking to strike a balance between business and leisure travel – bleisure.”
Interestingly, over 71 percent of Thais were also found to extend their business trip in the last 12 months. With the “bleisure” trend on the rise, Booking.com predicts that more Thais will extend their trips in 2017.
Following the “bleisure” trend, staff also expect employers to keep at pace with their need for greater fluidity and flexibility when it comes to work-travel guidelines.
Shanghai, Tokyo, and Bangkok are the top three fastest growing destinations in the world for business travel, while Prague and Budapest also sneaked into the top ten.
One of the concerns recorded by business travelers is “dead time”, referring to transit time and the time it takes to access a city from the airport.
As 68 percent of Thais want to spend more time exploring a new place, minimizing of transit time is just as vital in keeping their attention.
With this regard, Singapore is a popular destination partly owing to its minimal transit time from the airport to the city.
Plus, business travelers are looking for greater flexibility on bookings especially with last-minute ones.
Bandourian said, “It’s clear that a one-size-fits-all approach to business travel is no longer sufficient with this new breed of employee.
“Whether it’s exploring new destinations, using technology or apps to make their employees’ experience more seamless or trying out different places to stay such as villas or homestays, companies should build this flexibility into corporate travel policies or give staff the freedom to plan, book and manage their own itineraries.
“It can reap massive rewards in terms of staff satisfaction levels and make companies far more attractive to outside talent.”