Employees who incur out-of-pocket business costs are reimbursed by their employer under an accountable plan. Employees will not see an increase in their W-2 salary or have their withholdings changed when an employer reimburses them for expenses that qualify under their accountable plan. Instead, these expenses will be listed on Read more…
While one wants to plan their corporate trips efficiently and work accordingly, it is not possible in every case. However, last minute changes in the itinerary can prove to be costly for corporates. Traditional airline tickets often come with strict restrictions and penalties for making changes to the itinerary. It Read more…
A car allowance is a fantastic way for any company to give its employees flexibility when it comes to commuting to work or taking business trips. Whether it be a one-time payment or a monthly car allowance, it works well for many businesses and has benefits for both parties. Understanding Read more…
Travel allows employees to recharge, disconnect, and return to work with renewed vigor. In fact, providing paid time off or a trip stipend can increase employee engagement by up to 60%. To support your team, it’s essential to create an employee travel stipend policy, regardless of whether you’re starting from Read more…
Many businesses demand that workers at every level travel for business-related purposes. A company typically has to pay the costs associated with travel, whether it’s to work on a project for several months, attend a training conference for a few days, or for a one-day trip. Your company should have Read more…
Many people are interested in taking business trips as the majority of nations are opening up international travel. You could simplify your airport security check process by applying for TSA PreCheck. Everything you need to know about TSA PreCheck is covered in this blog, including how to sign up, the Read more…
Face-to-face interaction and non-verbal communications are as old as human civilization. Interestingly, real-life human interactions continue to be of great value despite the emergence of remote video communication technologies, such as Zoom or Skype. In-person interaction is vital in boosting personal and business relationships. Organizations rely on business travel to Read more…
You may wonder how an airline can sell more tickets if there is a finite number of seats in an airplane. Overbooking is a common practice in the airline industry. Airlines resort to overbooking to optimize earnings to offset losses because of last-minute cancellations. Enhancing profits is another answer to Read more…
Oman is a dynamic and business-friendly country in the Middle East. Political stability and a safe, crime-free environment make Oman a perfect destination for foreign investors and entrepreneurs. Oman has a well-educated and skilled workforce besides abundant natural resources to establish diverse businesses. Expats can leverage several government initiatives like Read more…
A strategic location to the thriving gulf economies, a supportive infrastructure, and a business-friendly environment are a few reasons to establish a business or invest in Bahrain. Bahrain is among the most progressive countries in the Middle East. It is traditionally a business-centric nation with a liberal economy. Bahrain provides Read more…
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