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

Enterprise Resource Planning (ERP)

What is Enterprise Resource Planning (ERP)?   ‘Enterprise Resource Planning’ refers to an all-encompassing software that provides the workflow and related metrics to the various


What is Time-and-a-half ? ‘Time-and-a-half’ refers to the system of paying the employees one and a half times their normal pay (150%) for any overtime


What is M-commerce?   ‘M-commerce’ is the acronym used to denote ‘mobile commerce’ which refers to the online market where products and services are sold

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