A common belief among business travelers is that if they aren’t flying for work then they should be compensated more. These are the beliefs that have lead companies to lower their compensation rates for business travelers.
The problem with this is that there is a tendency to believe that because some people are traveling for work, that they arent business travelers. In fact they are probably traveling for leisure. And when we travel for a reason, we generally tend to put more value on the time spent than the time we spent. If we were compensated more for our time then there would be less pressure to keep traveling. And if we were compensated less then the time spent is more valuable to us.
Business travelers are always looking for ways to squeeze a few more dollars out of their business trips. And they are more likely than leisure travelers to have a lot of other expenses that may not be related to business. There is a tendency to believe that because some people are traveling for work, that they arent business travelers. And when we travel for a reason, we generally tend to put more value on the time spent than the time spent.
The same is true for leisure travelers. They are generally looking for ways to save as much money as possible so they can enjoy more quality time with their families or friends. When we are on vacation, we tend to put more value on the quality time spent than the money spent.
As if the point of death is not really worth it to die, we still can spend a lot more time doing things we like, while we’d rather spend the next hour doing something else.
While this is true for leisure travelers, it’s not true for business travelers. They travel to a given destination to meet with a client, and they are more willing to put more value on the time they spend with that client than the money they spend. In fact, the rate that airlines charge for business travelers is almost twice that of leisure travelers, because the value of a business-related travel trip is so much more.
The best news is, your business travel is going to be more expensive. Airlines are in the business of making money, and they charge more to make more money. What they do is charge a fee to a given destination, and that fee is called a fare class. The higher the class, the more you pay.
Fare classes range from business class to first class, or economy to business class, but most airlines actually have four or five classes that are slightly different. Business-class-class, for example, is the most expensive, and first class-class is the least expensive.
The problem is that there are a lot of different types of business class. Many of them are the exact opposite of the way airlines actually make money. By charging the highest fare class, airlines are actually trying to undercut airline industry competition, which is expensive to do. The same is true for business-class-class, which in turn is a form of airline industry competition.
The company that makes the most money is the airlines. After all, what makes you happy? The airlines are the only other business class in the company.
