I chanced upon the Singapore Airlines HighFlyer programme today which is basically a frequent flyer program for small to medium-sized enterprises (SMEs) for up to 30 traveling employees. The HighFlyer programme does not replace the KrisFlyer Program (find out more about KrisFlyer and PPS HERE!) and it is simply a free program that translates business travel expenses into cost savings.
Signing-up for the Singapore Airlines HighFlyer account is free of charge but you can only have up to 30 traveling employees (that's right, you are still eligible if you have 50 employees but only 30 travel under this programme). Employees will continue to earn KrisFlyer miles when they travel on Singapore Airlines and SilkAir on an eligible rate and the business will earn 5 HighFlyer Points per S$1 spent. HighFlyer points can be used to pay for air tickets on Singapore Airlines or SilkAir flights in full or partially (with the balance paid in cash) with a minimum of 3,000 HighFlyer points.
The Singapore Airlines HighFlyer programme gives you up to 5% cashback - you earn 5 HighFlyer Points per eligible dollar and 100 HighFlyer Points are worth a dollar upon redemption. Considering how you not actually lose out on earning KrisFlyer Miles, it is not a bad deal after all - I would imagine sites like ShopBack (which gives just 1% for Singapore Airlines) would not work with this program.