Trip Friction and Traveler Burnout

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Travel Data Made Brighter A Gillespie+Diio Venture Trip Friction™ and Traveler Burnout

description

Understand the concept of Trip Friction and how to use it to reduce recruiting and retention problems among frequent travelers.

Transcript of Trip Friction and Traveler Burnout

Page 1: Trip Friction and Traveler Burnout

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Trip Friction™ and

Traveler Burnout

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Companies spend about the same

on travel as

they do on turnover: 1-2%

1) “Retention of Key Talent and the Role of Rewards”, Scott, Hay Group, June 2012. tClara analysis 2) WorldatWork's "Survey of Bonus Programs and Practices 2014"

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of revenues1

The use of sign-on bonuses is at an

all-time high2

Recruiting and Retention Problems

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U.S. business travelers avoided taking 2.7 trips

on average last year due to the hassle of air travel¹

International travelers submit 80% more health claims than non-travelers2

1) U.S. Travel Association survey, June 2014 2) Occupational and Environmental Medicine, May 2002

Traveler Burnout Problems

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Is too much

travel hurting your

business?

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Travel Policy 5 Star 1 Star

High

Costs

Supplier Cost

Source: Scott Gillespie

• Lost productivity • Reluctance to travel • Negative impacts on recruiting & retention •Traveler health issues

Total Trip Cost

Lowest Total Cost

Human Cost, or Trip Friction

The Total Trip Cost Is What Matters Supplier Cost + Human Cost = Total Trip Cost

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tClara measures traveler wear and tear with Trip Friction™ points

6-hour non-stop in Business Class, arriving home on Friday afternoon, after 2 nights away

Trip A 6-hour red-eye flight, with a 4-hour layover, connecting on a regional jet, both legs in Coach, arriving home on Saturday afternoon, after 5 nights away

Trip B

300 Trip Friction

Points

1,000 Points

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Compare your program’s Trip Friction levels to the benchmark:

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Use Trip Friction to spot business units with higher travel-related retention risks

767

322

205

540

Sales Field Service R&D Exec Ofc

Average Trip Friction Scores by B.U.

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Use Trip Friction data to improve Human Capital Management

Trip Friction Level

Very High

High – Med. High

Medium or Low

Circles represent employees High Value Talent at Risk?

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Step 1 – Identify two cohorts of travelers

P. 10

Use Trip Friction analysis to categorize travelers objectively

Top 15%

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Travel Impact Metrics Turnover

Engagement Scores

Health Costs

Sales

Productivity

HR

Business

Step 2 - Choose metrics that matter, and build a fact base from each cohort

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P. 12

Travel Impact Metrics

Turnover

Engagement Scores

Health Costs

Sales

Productivity

Customer Satisfaction

High Friction Travelers’

Differences +9%

-11%

+7%

-12%

-8%

+15%

Step 3 - Then test for differences between the two cohorts

HR

Business

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P. 13

Step 4 - Develop mitigation strategies for this key group of travelers

Less

Travel

Easier,

Safer,

Healthier Travel

Trip Bonuses

Recognition,

Gamification

Support,

Counseling

High

Friction

Tiered Policies Traveler-specific

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Actionable insights for improving retention

and productivity

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Easier/faster expense reimbursement 76%

Better quality hotels 69%

Less use of my personal time, e.g., evenings, weekends 63%

Better trip planning, e.g. advance notice 55%

Access to more airport lounges 49%

Fewer nights away 45%

Better mobile apps for traveling 40%

More time during a trip to exercise or relax 33%

More/better sleep on nights away from home 33%

Fewer delayed flights 29%

Higher airline, hotel status 22%

More paid time off, e.g. a travel recovery day 19%

Fewer hours on a plane 17%

Easier/faster way to shop and book travel 17%

Upgraded cabin 15%

Better meals on the road 12%

Faster transit through airports 9%

Extra Frequent Flyer miles 7%

Take spouse/Sig Other along 6%

Less anxiety about flying 5%

Better ground transportation 4%

Less lost/delayed baggage 3%

More security while traveling in risky areas 2%

Ask your high-friction travelers what they want

Illustrative

Modify travel policies

Address individual needs

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Ways to Use Trip Friction • Score all travelers within the firm to identify those at

highest risk of travel-related burnout • Benchmark against tClara’s Trip Friction database • Organize an industry peer group benchmark study • Analyze the business impact of high-friction travel by

measuring key business metrics • Survey high-friction travelers:

– How sustainable is your recent pace of travel? – What would make your travel easier/better/safer?

• Modify travel policies and traveler culture • Develop case management tools to mitigate risk of

high-value employees burning out on travel • Other ideas?

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Contact

Scott Gillespie Managing Director

[email protected]

(O) +1 440 248 4111

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