Monday, April 2, 2012

Is Extreme Saving Worth it for the Employee?

Some people spend lots of time and energy attempting to avoid the often expensive choices for business travel arrangements.  A recent article in the Wall Street Journal describes how frugal spenders will go to great lengths to be able to cut their expenses while traveling for business.  Some people even go so far as to carry around their own personal, foldable bicycle in order to cut back on cab fare.  The question overall is, does this behavior truly benefit the employee?  The company may be saving money, but the odd looks people receive may not be worth it.  Some employers worry what clients will think of their employees’ strange behavior, while others seem to accept it as simply the way that employee acts and spends their money at all times, business trip or not.  One of the benefits of having an automated expense management system is that the greater visibility allows companies to really hone in on where they are actually overspending on travel expenses.


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