Average growth for travel and expense budgets in China in 2016 was 4.86%, consistent with 4.8% growth in 2015, and also with the 4.42% that had been anticipated in a 2015 survey.
Not only is ensuring the safety of traveling employees a key concern, the Barometer also shows that 35% of respondents consider an organizations' travel program a key business driver and point of differentiation as an employer - an increase of 16% from 2015. As competition for talent in China continues to increase, the trend of leveraging better employee travel schemes for the purpose of retention and recruitment is expected to increase.