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Corporate Flight Policies for Employees Booking Business/First Class?

Corporate Flight Policies for Employees Booking Business/First Class?

Old Jul 8, 13, 1:37 pm
  #76  
 
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Hedge fund where my friend works:

Everyone is entitled to fly business (or the premium cabin) everywhere, even short domestic flights. The employees can choose coach and get a pay supplement equal to one half of the difference. My reasonably young friend does this every time because it represents a nice boost to his pay right out of B-school. Sweet deal, right?
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Old Jul 12, 13, 8:16 am
  #77  
hco
 
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Corporate Flight Policies for Employees Booking Business/First Class?

Always Y. LCC is expected if available and reasonable.

Policy includes everyone, also CEO.
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Old Jul 12, 13, 8:46 am
  #78  
 
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Originally Posted by brendog View Post
After a decade and a half in the F500 world, I now work for a much smaller, venture-backed company. We really don't have any policies insofar as class of service, but as my bonus is directly linked to my budget, I'm pretty vigilant about booking Y, unless a cheap A fare pops up, which they do from time to time. Fortunately, all of my flights are short now, 6 hours max, so it doesn't matter as much as when I was consistently shuttling to BNE or LHR in years past.
this seems like the most pragmatic solution
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Old Jul 12, 13, 10:58 am
  #79  
 
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It's amazing how many people who couldn't possibly fly long haul in economy, suddenly discover new bounds of possibility when it directly affects their pocket.
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Old Jul 12, 13, 12:03 pm
  #80  
 
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Corporate Flight Policies for Employees Booking Business/First Class?

I recently was hired by an oil firm based ex-Houston. For my level of employment is J for transcontinental (LAX-JFK, etc...); lowest available fare for anything under 4 hours (although last minute fares are exempt); and C/F when on intercontinental--however, some of the locations are so remote that chartered aircraft are a necessity.
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Old Jul 12, 13, 7:34 pm
  #81  
 
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Corporate Flight Policies for Employees Booking Business/First Class?

Cheapest fare on preferred carriers. Up to USD 50 tolerance. Business on TPAC and TATL. if you are above a certain title and fly over 75k miles in a fiscal year you are entitled to business on flights over 3.5hrs.
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Old Jul 12, 13, 9:20 pm
  #82  
 
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The 6 hour rule seems pretty standard - My people just put that policy in writing that it is standard coach under 6 hours. Upgrades may be used at employee cost (points or dollars).
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Old Jul 13, 13, 6:05 am
  #83  
 
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The 6 hour rule seems pretty standard
That depends on where you are. 6 hr from MEL or SYD en route to Asia or Europe and you haven't even left the mainland yet. You can be pretty sure that most bosses down under don't apply this rule as a standard.
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Old Jul 13, 13, 9:02 am
  #84  
 
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Originally Posted by mandolino View Post
It's amazing how many people who couldn't possibly fly long haul in economy, suddenly discover new bounds of possibility when it directly affects their pocket.
Is this surprising? As it was demonstrated, there is some common denominator - flights >7-8 hours are eligible for business class.

How imagine that there is a policy - with the above eligibility one can book flight in Y and have half of the fare difference go to their pocket.

How many people would rather choose above option?
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Old Jul 13, 13, 9:59 am
  #85  
 
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Originally Posted by invisible View Post
Is this surprising? As it was demonstrated, there is some common denominator - flights >7-8 hours are eligible for business class.

How imagine that there is a policy - with the above eligibility one can book flight in Y and have half of the fare difference go to their pocket.

How many people would rather choose above option?
I would not pick the kick back option at 500, 1000 or even half, I am sure there are others in here whom wouldn't either.
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Old Jul 13, 13, 10:05 am
  #86  
 
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Originally Posted by invisible View Post
How imagine that there is a policy - with the above eligibility one can book flight in Y and have half of the fare difference go to their pocket.

How many people would rather choose above option?
Direct overnight flight to Europe with no meetings on the day you arrive? Take the money.

Same as above but must hit the ground running? It depends what I'm doing. Low stress/non-critical take the money otherwise take J class. I do not want to risk fouling something important because I didn't get enough sleep on the flight over.

Two or three stop flight to Africa or Asia? Take J class.
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Old Jul 13, 13, 10:32 am
  #87  
 
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Originally Posted by pragakhan View Post
I would not pick the kick back option at 500, 1000 or even half, I am sure there are others in here whom wouldn't either.
And there are even more who would.

Look at this from different perspective - one can make extra 15% (or more) of annual income. I am pretty much sure that there are bunch of people who would agree with this kind of swap.
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Old Jul 13, 13, 10:36 am
  #88  
 
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My comfort is priceless.
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Old Jul 13, 13, 11:00 am
  #89  
 
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Originally Posted by pragakhan View Post
My comfort is priceless.
Really? It does not have any dollar value at all, no matter how much?
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Old Jul 13, 13, 11:41 am
  #90  
 
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Originally Posted by invisible View Post
Really? It does not have any dollar value at all, no matter how much?
Exactly. But then again I do not value cash over my enjoyment and comfort in life. I am paid what I feel is appropriate for the work I do and I wouldn't feel better about supplementing it based on sitting in Y for extended periods of times when I don't really need to.

Don't worry, my wife thinks I am weird too
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