Why YSK:
I feel a bit dumb admitting this, but maybe it helps someone else. My company always paid for my flights. When flights were massively delayed, I accepted the situation, assuming any payout would go to the corporate account. Turns out, the inconvenience is yours, so the compensation legally belongs to the passenger.
I actually only figured this out by accident. I started using AirHelp mostly as a flight tracker because my company's booking portal is absolute garbage at giving real-time gate updates. When I added a flight that was heavily delayed a few weeks ago to the app, it flagged that the route was eligible for actual cash compensation. I almost ignored it because I didn't buy the ticket, but a quick search confirmed it – the passenger keeps the money, not the employer.
I ended up going back through my work calendar and submitting claims for two other nightmare trips from last year. If you fly on the company dime, don't just write off the delays. That’s your money to claim.