Expenses

What are Expenses?

 

With respect to HR, ‘Expenses’ refer to the additional expenses incurred by the employees while performing their daily duties, which are reimbursed by the organization.

 

Transportation, food, entertaining clientele, office supplies, hotel stays, etc. are just a few examples of the expenses a company would reimburse the employees for. Hence, companies generally have a comprehensive expense policy in place to make sure that the employees adhere to it and are not misusing this benefit.

 

It is also worth noting that these benefits are applicable to certain employees and certain departments in any company. Other employees may also be reimbursed for any expenses incurred if they have valid proofs to offer.

More HR Terms

Downshifting

What is Downshifting?   ‘Downshifting’ refers to the slowing down of the pace of life as one begins to appreciate the finer things in life.

Conflict Management

What is Conflict Management?   ‘Conflict Management’ refers to the steps taken to reduce the negative aspects of a conflict while also making sure that

Employee Relations

What is Employee Relations?   ‘Employee Relations’ is the term used to define the efforts taken by an employer in maintaining a healthy relationship with

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