In corporate sector, the professionals travel to different places on their company’s behalf for business purpose and the entire expense of the travel is financed by the company. This practice of travelling is called corporate travel and a legal written documentation is drafted before a person steps out for a corporate travel. This legal document adhering all the terms and conditions of the company regarding the travel is called corporate travel agreement.
These terms and conditions vary form company to company but the common conditions are that the company is responsible only for its employee’s food, accommodation and travelling expenses and the employee is responsible for any injury or sickness occurring at the time of travel and is also restricted for the mode of conduct and personal / professional behavior during the travel.
The corporate travel agreement is very helpful since the professional is travelling at company’s responsibility so company makes certain conditions clear by predefining them in the agreement.
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