Does travel guzzle money out of your company’s pockets?
One of the best ways to save money on your annual travel expenses is to reduce the amount you spend at the gas pump. Every year, you should create a travel budget for your employees and incorporate your gas savings plan into it.
Yet, this often proves more difficult than it sounds, given the fluid nature of gas prices.
Below, we’ll go into our top tips on how to save money on gas in 2022. Keep reading to learn more so you can travel for less!
Encourage Your Employees to Carpool
You can maximize your gas savings by encouraging employees to carpool to work events. Most companies have a policy that reimburses people for their gas expenses when they travel.
While these plans enable individual employees to travel without financial strain, it can get expensive for business. If you have more than one employee driving a vehicle, you’ll end up having to pay twice as much for the travel.
As such, you should arrange for your employees to go together. Put them into as few vehicles as possible. That way, you’ll have to pay for fewer tanks of fuel.
Send Smaller Teams
When you send people to different events around the country, you should reduce the number of employees you send.
Narrow it down to the workers who are essential to what you’re doing on this trip. You’ll be able to use fewer vehicles to get them to their destination, saving your gas money.
Drive in a Gentler Manner
When you drive on behalf of your company, make sure you drive in as gentle a manner as possible.
Your car operates in a more efficient manner when you drive gentler. Gas efficient driving includes not speeding and avoiding slamming your brakes. That way, you won’t burn through your gas tank.
In fact, gentle driving can reduce your spent gas mileage by about 30%.
Don’t Travel Through Places with Expensive Gas Rates
You can save money on gas by choosing to travel through places where gas is cheaper. When you plan out your travel, figure out where the cheapest gas stations are.
Then, ask your employees to follow that route and stop at those stations.
Keep Your Events Local
One of the best ways to save money at the pump is to attend events a little closer to home.
Some of this will be within your control. When you hold corporate events, for instance, you should choose venues in your own city. If you want to liaise with investors or customers, invite them to come to your office instead of traveling to them.
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Ready to Have More Gas Savings?
Now that you know more about how to save at the gas pump, you’re ready to start taking advantage of gas savings when you travel.
This allows you to spend more of your travel budget on what really matters to your business. You’ll also have the ability to focus on making the right impression with investors and customers instead of worrying about the cost.
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