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Per diem (Latin for "per day" or "for each day") or daily allowance is a specific amount of money that an organization gives an individual, typically an employee, per day to cover living expenses when travelling on the employer's business. A per diem payment can cover part or all of the expenses incurred. For example, it may include an ...
An organization may refund or reimburse these costs on the basis of an itemized list, or may conclude that cost of doing so is disproportionately high and instead pay a per diem ("per day") allowance. This provides a budget from which the traveler may recover their costs.
For example, company employees may be given an allowance or per diem to provide for meals, and travel when they work away from home, and then be required to provide receipts as proof, or they may be provided with specific non-money tokens or vouchers such as a meal voucher that can be used only for a specific purpose. [citation needed]
Employees may be unable to remove these benefits, depending on individual employers' preferences. Flexible benefits, often called a "flex scheme", is where employees are allowed to choose how a proportion of their remuneration is paid or they are given a benefits budget by their employer to spend.
Musk and Ramaswamy suggested that ending work-from-home options and mandating that all federal employees come to the office five days a week would lead to natural attrition, with workers quitting ...
increase the rate of the tonnage tax and phase out special tax treatments of the shipping industry. By September 2015, (i) simplify the personal income tax credit schedule; (ii) re-design and integrate into the ITC the solidarity
Dozens of senior officials put on leave. Thousands of contractors laid off. A freeze put on billions of dollars in humanitarian assistance to other countries.
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...