Your Ticket to Establishing Reliable Airfare Allowances and Estimates
Air travel is essential for the majority of your international assignments and critical to assignee satisfaction. Not only is home leave a fundamental core benefit in global mobility policies, but dependable airfare data is also crucial to effectively estimating costs for new assignments.
Mobility programs spend millions each year on airfare home leave, relocation, and repatriation. You typically need to:
Companies often struggle to find an accurate way to determine, administer, and update the provision of air travel. This is why many companies, especially those with larger programs, are switching to cash allowances in lieu of reimbursing travel. Switching to cash allowances generates the need for credible data which can be sourced from AIRINC’s Airfare Database.
The Airfare Database helps you:
Reduce administrative time and costs
Achieve consistency and fairness in your home leave program
Align allowances and estimates to your company’s policies
Assess different types of airfare
Define and support your program with the help of experts
Control the cost of air travel for your program
What Clients are saying about the Airfare Database
“Now that the program has been in place for 2+ years, the employees are able to budget and plan their travel responsibly. They’ve expressed an appreciation for the flexibility of the cash allowance. Since we have this new approach, the team manages fewer exceptions. This means less burden for Talent Deployment and the relocation provider.” – AbbVie
“We have been able to lower spend on home leave significantly.” – Member of the Fortune Global 500
The Airfare Database at a Glance
Travel policies and practices can vary significantly from company to company, which is why the Airfare Database is designed to be flexible. We offer two airfare database configurations: round trip for home leave and house hunting and one-way for relocation and repatriation.
Configurable options allow you to tailor your allowances to your company’s air travel policy. Standard assumptions cover:
|Time frames||Peak or non-peak|
|Class of airfare||Economy, business, or first class*|
|Booking restrictions||Refundable or non-refundable|
*First class fares are available on a case-by-case basis
Routes: Fares for more than 1,000 of the most common routes are regularly collected, and fares for small and remote locations are also supported.
Data Collection: Data gathered quarterly. At least 10 to 20 individual fares are collected for each route each quarter to create a robust average.
Data Delivery: Numerous file outputs are supported to deliver the data in the format you need, including:
A comprehensive database in Excel
An importable table to upload into an assignee management system
A custom home leave tool that applies your specific logic