Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Car Comparator
Van Tax Calculator
EV Car Comparator
BiK Rates Company Car Tax

Quarter of employees put of meetings to avoid expense pay-out

One in four employed adults have postponed or cancelled a meeting to avoid the personal expense pay out.

Toy car on pile of money

A quarter of employees postpone or cancel meetings to avoid the expense pay-out.

That’s the finding of new research from Allstar Business Solutions which indicates the ‘pay and reclaim’ expense method is putting financial strain on employees over fuel and food.

The analysis found almost two-thirds (64%) of people described the process as difficult to understand and frustrating, with the average employee having to wait four weeks before their expenses are paid.

One in three said they have felt financially unstable because of an unexpected business expense and/or delayed pay and reclaim. Employees at smaller companies are more likely to feel this way.

And one in 10 employees unknowingly pays for their own expenses, despite having an expense policy while 57% of respondents admitted they don’t pay and reclaim if the amount totals less than £5.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.