Limit your Annual Leave Liability

- Corporate Traveller

Outstanding annual leave balances are a significant financial liability to any balance sheet. The longer employees go without taking holidays, the greater the risk to a company’s cash flow in the long term. Implementing strategies to regularly reduce annual leave balances can be difficult for SMEs that operate with a lean corporate structure and have limited internal resources.

Whether your business is at risk of having to pay out excessive balances, or requires leave incentives for staff, acquiring professional travel management is one way of gaining the resources, products and strategies to counteract annual leave hoarding.

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