85 million is slightly more than the population of Germany. $8.5 trillion is roughly the Gross Domestic Product of Germany and Japan… combined. Why should you care about these two numbers? According to Korn Ferry, one of the world’s leading recruiting firms, the world is facing a talent shortage of 85 million people, which could cost businesses $8.5 trillion of revenue by 2030! This is not the first alarm being sounded on this topic. Check out this TED Talk from as far back as 2014.
So how do airlines make sure they are getting and keeping the best employees in what is an increasingly competitive market for talent? I’m sure your HR departments are pulling their hair out trying to find pilots.
Competitive compensation is one solution, but numerous studies have shown that attracting and retaining team members is not something that can be reduced to one variable.
There are many levers to pull to create a happy and productive workforce, but we believe the airline industry has a key advantage when it comes to courting employees and keeping them happy: travel privileges. Travel privileges are one of the most unique and well-regarded employee privileges that exist. When we asked airline employees if they agreed with the statement “travel privileges are important to my happiness in my job,” 84 percent strongly agreed.
Your employees are our customers which is why we have a relentless focus on improving our products and services by solving pain points your employees know they have with staff travel and some they did not even realize could be done better.
One employee pain point is that employees want to travel to travel but don’t know which cities have flights with the best chance of getting on. Instead of searching city by city we’ve introduced Fly Anywhere. Simply select Fly Anywhere as your destination and you will discover which destinations have flights with the best probability of getting on. No more searching city by city. An additional benefit is that this feature does not use data from the GDS, resulting in cost savings for your technology department.
- Highlighting the most popular hotels with airline employees in every destination.
- Informing customers which hotels are being viewed the most.
- Booking hotels using PayPal. Simply select PayPal as your payment method at checkout, log into your PayPal account and you’re done!
- Nearby airports option. Flight customers can now easily select nearby airports when choosing their “flying from” destination, as long as their location settings are turned on.
No question travel privileges are a great recruitment and retention tool, one that requires continuous innovation and state-of-the-art technology. With ID90 Travel as your employee travel provider, we’ll focus 100 percent on delivering the best travel tools to your airline employees so that you can focus on other critical aspects of HR in this highly competitive marketplace.
Author: Mike Stacy
Mike Stacy proudly serves as the Chief Executive Officer of the multinational airline technology company that is ID90 Travel. After completing graduate school Mike left L.A. and moved to Paris with his now-wife, using their apartment there as a base from which to explore the rest of Europe. Once back, with travel in his blood, he began his long career in the online travel industry. When he’s not filling the pages of his passport for work, Mike can be found on the sidelines at his sons’ basketball games or cheering his daughter on at dance competitions.