As corporate travel rebounds to pre-pandemic levels, travel risk management (TRM) becomes increasingly critical. Companies are prioritizing measures to ensure the safety and well-being of employees traveling for work, especially in the face of evolving geopolitical risks.
Key Trends in TRM
- Diversity-Focused Training: Companies are adopting tailored pre-travel briefings that address specific employee needs, such as safety advice for LGBTQ+ travelers or pregnant employees.
- Integration of Technology: Artificial intelligence is being deployed to provide personalized updates and risk assessments, offering real-time guidance during trips.
- Regulatory Awareness: With laws varying across borders, businesses are now aligning with the most stringent duty-of-care standards to ensure employee safety.
Why TRM is Crucial for Collaboration
In a globalized workplace, travel also functions as a facilitator for team-building and client engagement. Neglecting risk management could not only jeopardize employee safety but also lead to potential legal liabilities, especially with the rise of ‘bleisure’ travel, where work trips are extended for leisure purposes.
Challenges for Companies
Pros:
- Ensures employee safety and peace of mind.
- Boosts confidence in corporate travel.
- Enhances compliance with duty-of-care policies.
Cons:
- High costs for small businesses.
- Complexity in managing diverse travel needs.
Conclusion
Travel risk management in 2025 underscores the need for both foresight and adaptability. Whether upgrading safety briefings or leveraging AI, companies must prioritize employee-centric solutions to succeed in the new era of corporate travel.
References:
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- https://www.propublica.org
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