Business/ Travel Expenses
Most employers have employees who travel on business
and entertain clients at least occasionally. To keep expenses under
control and ensure ease of administration, most companies develop
policies and procedures for company reimbursement of travel expenses.
Policies for business travel and entertainment should be designed
to support the employer's overall business objectives as well as limit
Policies vary considerably. For example, some employers
have employees travel first class. Others limit travel and entertainment
expenses to the bare minimum. Most employers have a policy that fits
between the two extremes. Some employers reimburse for actual expenses
while others pay a set daily amount to cover some or all cost (per
An effective policy should include specifics on what--and
how much--the employer will pay for travel, hotels, registration fees,
meals, and miscellaneous expenditures.
Summary for [Your State]