< PrevNext > 2022 Business Travel Buyer's Handbook Establishing a T&E Policy Business travel’s return underscores policy priorities. By Chris Davis / June 17, 2022 / Contact Reporter Share Download ChapterThe return of business travel in recent months amid easing of restrictions related to Covid-19 has spurred many companies to revise their travel policies to drop some of the pandemic-era restrictions they put in place since, several travel management company executives recently told BTN. Gone, in many cases, are the policy requirements that high-level executives must approve even simple domestic business trips, and some have dropped mandates that would-be travelers receive a Covid-19 vaccine before boarding a flight. But policies haven’t yet returned to pre-pandemic footing, either. While several recent surveys of business travelers have shown that a majority now are willing to travel for work, a significant minority remain uncomfortable or unenthusiastic at the prospect. As such, some companies are revising travel policies to specify who can or must travel and determine the circumstances under which they would do so. Many also are reassessing the role of remote conferencing and revising their travel policies to detail the procedures when its use is recommended or mandated.Covid-19 isn’t the only reason to develop and maintain a comprehensive travel policy, though. A clear policy serves as a foundation for any effective managed travel program and, when designed with the company’s culture in mind, can serve as an opportunity to help advance corporate goals and objectives. That’s no small feat, though. Organizations must decide how strict their travel policy should be, whether it should apply to senior executives and regular employees equally and how regional and global differences should be handled—just to name a few choices—and what the effect of these decisions could be on employee well-being and retention. These questions aren’t always easily answered and often are considered by organizational task forces that include representatives from different corporate departments and geographic regions, and the policy eventually developed often is reviewed periodically to maintain relevance and incorporate new realities. The following basics of a travel and entertainment policy shows some possible avenues for furthering corporate goals while controlling travel costs.