smart companies avoid the moral hazard and just reimburse the whole amount.

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Jul 23, 2017
8:24:56pm

ag4cougs All-American

smart companies avoid the moral hazard and just reimburse the whole amount.

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ag4cougs

Bio page: ag4cougs
Joined: Mar 30, 2005
Last login: Jun 1, 2024
Total posts: 18,067 (10 FO)

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Messages

Author

Time

POLL: Your employer allows $65 per day, you haven't spent anywhere close to that

coolcats

7/23/17 7:46pm

Do they not require receipts of your purchases?

rggee

7/23/17 7:50pm

Some people in my company found a loophole

coolcats

7/23/17 7:58pm

For me we don't need a receipt if it's under $70 or something like that.

jensen46

7/23/17 7:58pm

Wow

rggee

7/23/17 8:03pm

Holy cow. Without a receipt it comes out of our pockets.

Wedgetail

7/23/17 8:21pm

It surprised me too. Of course the expense has to be justified and approved

jensen46

7/23/17 8:45pm

Same here - but $75 threshold

Ulysses14

7/24/17 5:13am

I don't have to keep receipts. I have a certain amount they will pay and if i

The Board Genius

7/23/17 8:08pm

Does your employer care??

7/23/17 7:51pm

Is it really worth your job to find out what ur employer thinks?

MormonThug

7/23/17 7:54pm

Seems cut-and-dried unethical

cheezedawg

7/23/17 7:55pm

^^^^this^^^^

BigYfan

7/23/17 8:08pm

Yeah, no debate IMO.

7/23/17 8:17pm

Not true. The IRS has set per diems and many companies prefer to pay that amount

Pick-Six Coug

7/23/17 8:50pm

If it's per diem, no ethical issue. if reimbursement, it's not for your family

fulano

7/23/17 8:57pm

OP said nothing about per diem, just a daily allowance, which is very different

Tim

7/23/17 9:01pm

Tim, the post said, "your employer allows $65." It didn't specify why and now

Pick-Six Coug

7/23/17 9:12pm

Per diem is usually tied to IRS rules. The other is not.

CougarThug

7/23/17 9:22pm

All the post said was "your employer allows $65..." Not enough info for us to

Pick-Six Coug

7/23/17 9:34pm

The word "allows" leads me to believe that this is reimbursement, not per diem

cheezedawg

7/24/17 7:46am

Most policies don't allow it and would be considered fraud.

Baron

7/23/17 7:57pm

We just get a check cut before the trip for the amount of our per diem.

Ssebo

7/23/17 8:01pm

This. Military per diem is paid whether it's spent or not, so I always try to

shakinbaker

7/23/17 8:09pm

That's a totally different scenario. That's your money.

LiveCoug

7/23/17 8:13pm

Whew.

shakinbaker

7/23/17 8:17pm

That's not the same as what OP described.

Tim

7/23/17 8:14pm

Same. Same!

7/23/17 8:17pm

Yep. We just get it after.

The Board Genius

7/23/17 8:09pm

smart companies avoid the moral hazard and just reimburse the whole amount.

ag4cougs

7/23/17 8:24pm

Smart companies get receipts for everything.

7/23/17 8:30pm

fair enough

ag4cougs

7/23/17 9:32pm

My experience is military & gov't. Per diem $ is paid regardless of whether I

Lifi

7/23/17 8:25pm

When I had per diem I was given a card for my meals for the week I was gone.

JohnnyComeLately

7/23/17 8:27pm

i was reimbursed for what i spent...my VP never questioned me...

ds7

7/23/17 8:32pm

$65 a day? Wowsers

TNT

7/23/17 8:40pm

Wine by the glass can be expensive

coolcats

7/24/17 5:18am

Unethical? Maybe. Tacky? Certainly! Bad Form? Absolutely.

Endocoug

7/24/17 6:58am

I don't disagree

coolcats

7/24/17 9:46am

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