The Latest Trend in Travel Risk Management: People Risk Management

…while this may feel like yet another blog that highlights a change to travel in our post-COVID world, the many new considerations that both travellers and travel managers need to adapt to, are here with us to stay.

Rising costs (fuel, airline tickets, hotels, etc.), complexities around booking (what proof of vaccinations do you need, quarantine requirements in the destination or origin country), all mean that business travellers and those that manage their travel have a lot more to think about before, during and post travel.

These changes only cover the travel aspect organisations are facing when considering their most important asset – their people.

But what about employees working in a hybrid environment (part time in the office/working from elsewhere)?  And what about the multitude of countries/cities that now encourage digital nomads to work remotely – who wouldn’t rather wake up in exotic sounding locations such as Anguilla, Barbados, Mauritius, Montserrat?  How are workers who have opted to relocate to such exciting shores now covered?  And what of additional requirements – like tax implications, legal status of workers and company; is your parent organisation responsible for ensuring all of them are met appropriately?

Even if the remote working location is more mundane, (for example the local suburb), how do organisations anticipate and respond to risks of the evolving workforce, such as (but by no means limited to):

  • Increased anxiety from not being in close contact with colleagues
  • Mental Wellness from isolation
  • Lack of physical exercise through not commuting
  • Additional cyber vulnerabilities of home locations
  • Burden of insurance

Join the EMEA Risk Committee at the GBTA/VDR Europe Conference in Brussels on the 10th November, as we discuss:

  • What Travel Managers can bring to the new era of People Risk Management and in turn bring more value to their roles.
  • How skills and tools used in Travel Risk Management can be extended to help cover this new normal in understanding not just where travellers are, but helping the company understand where “workers” are.
  • How to get traction for the new reality within your organisation and which other departments are critical to the success of any future People Risk Management program.