Most employers have employees who travel on business and entertain clients at least occasionally. To control costs and ensure ease of administration, most companies develop policies and procedures for company reimbursement of travel expenses. Some employers reimburse for actual expenses, while others pay a set daily amount to cover some or all costs (per diems). Travel and entertainment policies should specify what--and how much--the employer will pay for travel, hotels, registration fees, meals, and miscellaneous expenditures.
'Road Warriors' Fight Travel Problems, Help Work/Life Issues
Facing increasing demands at work and at home, many employees struggle to balance their personal and professional responsibilities. Achieving work/life balance can be particularly difficult for employees whose jobs require frequent travel away from home.
Over One Third of Employers Don't Pay Standard Mileage Rate
The Internal Revenue Service recently raised the standard-mileage-reimbursement rate for the final six months of 2008. As a result, the vast majority of employers will follow suit by reimbursing their employees at this rate, right? Not necessarily, according to the results of a recent Compensation.BLR.com poll.
IRS Boosts Mileage Rate for Final 6 Months of 2008
The Internal Revenue Service has raised the standard-mileage-reimbursement rate for the final six months of 2008, citing recent increases in gasoline prices.
