Test Upload

  • 292 views
Uploaded on

Test slideshow. Not relevant

Test slideshow. Not relevant

More in: Education , Travel , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
292
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
1
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Careers in Corporate Travel Presented to: International Society of Travel & Tourism Educators Presented by Eric Casey, CAE NBTA Senior Director, Marketing, Membership & Communications October 4, 2007
  • 2. What is Corporate Travel Management?
    • Comparatively new profession
    • Travel is typically the 2 nd or 3 rd largest controllable expenses on a company’s balance sheet
    • Travel managers utilize technology, data on their travelers and their spending clout to maximize savings for their company while ensuring the safety and security of their travelers
  • 3. The Marketplace
    • Domestic business travel in the US -- $300 Billion per year
    • Global business travel expenditures per year – $650B
  • 4. NBTA 101
    • 3,200-member professional association
    • Buyer-led (60:40 buyer to supplier ratio)
    • Alexandria, Virginia Headquarters – 40 Staff
    • Related entities
      • NBTA Asia Pacific
      • NBTA Canada
      • NBTA Mexico
      • NBTA Foundation
      • Government Travel Group
      • 42 Chapters, 1 Branch
  • 5. Committees & Councils
    • Legislative Advisory Council
    • NBTAPAC Board
    • Aviation Committee
    • Corporate Social Responsibility
    • Data Protection Committee
    • Groups & Meetings Committee
    • Hotel Committee
    • International Risk Management Committee
    • Technology Committee
  • 6. NBTA Partners
    • Meeting Professionals International (MPI)
    • Institute for Supply Management (ISM)
    • Business for Diplomatic Action (BDA)
    • Travel Business Roundtable (TBR)
    • Travel Industry Association (TIA)
    • World Travel & Tourism Council (WTTC)
    • National Academy Foundation (NAF)
    • U.S. Chamber of Commerce
    • Next Generation Air Transportation System (NGATS)
    • Paragon Partnership
  • 7. 2008 NBTA Educational Programs
    • Mexico City
    • Sao Paolo
    • Shanghai
    • Toronto
    • London
    • Milan
    • Sydney
    • Los Angeles
    • Washington, DC
    • Atlanta
    • New York
  • 8. Continuing Education
      • Fundamentals of Business Travel Management (CTE)
      • CCTE Program
        • Industry’s only professional certification program
        • 450+ graduates
      • Global Leadership Program
        • With Wharton School
        • Industry’s only graduate-level program
  • 9. Careers in Corporate Travel
    • Multi-faceted responsibilities
    • Financially rewarding
    • Extensive travel
    • Career opportunities as a buyer or seller of corporate travel services
  • 10. Responsibilities of Today’s Corporate Travel Manager
    • Strategic development of travel program
    • Negotiate with travel vendors
      • Air
      • Hotel
      • Car Rental
      • Chauffeured transportation
      • Credit Cards
      • TMCs
  • 11. Responsibilities of Today’s Corporate Travel Manager
    • Establish and administer travel policy
    • Administer corporate travel program
    • Evaluate and apply new technologies
    • Benchmark travel operations
    • Develop, control, analyze & report corporate travel budget
  • 12. Additional Responsibilities
    • Manage/supervise relationship with corporate travel agencies
    • Investigate travel complaints
    • Administer corporate credit card programs
    • Manage meetings
    • Implement strategic meetings management programs
    • Ensure traveler security
    • Risk management
    • Corporate social responsibility
    • Crisis management
  • 13. Still more responsibilities
    • Fleet management
    • Corporate jet services
    • Relocation services
    • Video conferencing
    • Food service
    • Emergency evacuation
  • 14. Educational Levels of Corporate Travel Managers
  • 15. Budgets Managed – Domestic T&E
  • 16. Budgets Managed – Int’l T&E
  • 17. Travel Dept. Reports To:
    • Finance – 24%
    • Purchasing – 19%
    • Administration – 12%
    • Human Resources – 11%
    • Strategic Sourcing – 11%
    • Operations – 6
    • Other – 15%
  • 18. More About Corporate Travel Managers
    • 80% are female
    • Average of 6 people within travel dept.
    • Half of NBTA travel managers run global travel programs
    • Avg. of more than 5,000 domestic travelers in program
    • Avg. of roughly 3,000 int’l travelers
  • 19. Base Compensation by Years of Experience $101,000 $60,000 $75,000 $84,249 11-20 yrs $100,000 $56,450 $75,000 $80,097 >20 yrs $86,000 $60,000 $70,000 $76,875 6-10 yrs $82,500 $57,875 $72,500 $79,538 3-5 yrs $83,000 $45,000 $65,000 $68,135 <3 yrs 75 th percentile 25 th percentile Median Average
  • 20. Base Compensation by Level of Education Completed $73,000 $53,000 $60,000 $65,587 Other $120,500 $70,000 $85,000 $93,086 Masters $96,750 $62,000 $82,200 $81,930 Bachelors $89,250 $52,000 $73,500 $75,888 Associates $75,000 $50,750 $62,000 $67,863 HS 75 th percentile 25 th percentile Median Average
  • 21. Total Compensation by Job Title $44,900 $47,192 Coordinator $58,000 $69,893 Supervisor $80,000 $84,298 Manager $118,000 $122,507 Director $119,500 $134,587 VP 80,000 $88145 All responses Median Average Job Title
  • 22. Compensation of Travel Agents vs Travel Managers
  • 23. Resources for Students Seeking Careers in Corporate Travel Management
    • Fundamentals of Business Travel Management Course
      • Covers all primary components of managed travel programs
        • Cost containment
        • Establishing policies
        • Addressing traveler safety and security
        • Setting up performance benchmarks
        • Proving ROI
        • Utilizing Technology
  • 24. Fundamentals Course (cont’d)
    • Offered in classroom, as an online course or as a workbook
    • Following completion, students may take exam
    • Those who pass exam earn CTE designation (Corporate Travel Expert)
    • The right credential to get a foot in the door
  • 25. Other NBTA Resources for Students
    • Student membership
      • Access to all NBTA member information
      • $49 rate ($345 for practitioners)
    • NBTA Career Center
    • NBTA Chapters
      • 42 chapters
      • Local networking opportunities
  • 26. Special Offer for Students of ISTTE Members
    • Students may take this course for $345
    • Includes:
      • Fundamentals of Business Travel Management Course (regular price $545)
      • The CTE exam (regular price $100)
      • NBTA Student membership for one year ($49 value)
  • 27. Contact Information
    • National Business Travel Association
    • 1422 N. Royal St., 4 th Floor
    • Alexandria, VA 22314
    • 702-684-0836
    • www.nbta.org
    • [email_address]