Washington DC – The National Foreign Trade Council (NFTC), in coordination with the Global Immigration Benchmarking Association (IBA) and Berry Appleman & Leiden LLP (BAL), has released the results of its 2015 Global Short-Term Business Travel Survey.
“As the international marketplace and economy continue to grow, more and more American companies are engaging in business abroad, which has led to an increase in global short-term business travel,” said William Sheridan, NFTC Vice President for International Human Resources Services. “However, businesses face a series of complex visa rules and processes that make business travel more challenging. This survey aims to provide insight into industry practice when it comes to managing business travel that will help companies set their own policies.”
The survey included responses from 150 companies across a variety of sectors, 60 percent of which reported their employees take over 500 international business trips annually.
One-third of the companies said that an employee had been denied entry into a country, yet over half of the respondents do not have a formal business visa travel policy.
The survey consisted of 17 questions and was distributed to NFTC, IBA and BAL members with employees who travel internationally for business purposes.
About the NFTC
Serving America’s Global Businesses Since 1914 – The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules- based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.