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I have worked in corporate travel for around 20 years advising companies on their travel programmes, and typically the policies apply as follows: Pharma, Energy, Consulting, Banking/Finance have the most ‘generous’ policies startying at around 4/6 hours for business class for all grades of employee.
The most stingy are IT/tech companies who almost universally have an economy-only policy for all staff below senior VP. Most other industries fall somewhere in the middle. 8 hours for business class is the typical benchmark for those.
To many companies, premium travel is not a perk but a matter of health and safety. I am sure that the amount of G&T’s consumed can sometimes offset that, however!