With global interest rates hitting historical highs – currently at 5.25% in the UK following an increase recently and 5.25% in the US – and economists anticipating further increases, many businesses across the whole of the travel spectrum are finding it harder to meet their debt commitments or raise further cash. However, it is often…
Return to high season buildup of overseas staff will create ‘needless payroll bottleneck’ for travel
Spencer Hanlon, from leader in real-time global payments Nium, warns travel companies not to let the high season spike in overseas staff turn into an expensive headache this year. As the high season is now upon us, travel companies of all kinds are bolstering their teams with employees. With more work-from-anywhere and work-from-home employment policies than…
