Mileage Runs

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shillard

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icemann said:
If I was flying my execs anywhere, I would want them to arrive in the best shape possible, to be able to do business. I see it that, if you tell someone to do a job, at least give them the tools with which they can do the job properly. Nothing annoys me more than in the past, when I rocked up a few hundred US$ on expenses out of my own pocket on a business trip, just to have to wait to get them reimbursed 2 weeks later.

I can't comprehend your problem here, dude. I like nothing better than such a policy!

By racking up, literally, hundreds of thousands of dollars (US, NZ, AU, etc) on my personal charge card over the past few years, I've reaped the benefits of the associated reward points.

I (usually) submit my reimbursement claim in a timely fashion, as you get 30 days with Amex to make good once your bill comes out (they say 21, but you'll never cop heat from them if your statement is paid in full before the next one is issued).

Why go for this 'corporate amex' nonsense, where you miss out on the points for all of those airfares, hotels, meals, entertainment, rental cars, etc?
 

dajop

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shillard said:
icemann said:
Why go for this 'corporate amex' nonsense, where you miss out on the points for all of those airfares, hotels, meals, entertainment, rental cars, etc?

Are you talking about missing out on bonus points or missing out on points altogether? I have a corporate amex that the company pays every month, and have racked up 100K's of points on it. The only bumma is that from this year on we have to personally pay to be member of the Amex rewards program :x
 

icemann

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I can agree with this point, Shillard, but let's just say that in the early days, the personal funds were lower than a snake's last waistcoat button for me ! :D

That's the whole point. In those days, a couple of hundred was a lot for me. It may sound like chicken feed or a throwaway amount, but there is something deeply wrong when the company was expecting not so senior staff to fork out their own money (and get reimbursed later), when they knew full well they weren't earning a great deal.

After all, I don't go up to my boss and say "Hey Boss, give me an advance for my dive trip to Vanuatu", do I ? :D He'd tell me to get stuffed. Asking people to pay expenses (and then get them reimbursed) is fine and works very well - my whole point being - as long as they know full well that they have the cash to do so. Otherwise, how well does the boss really know their people ? Not very, in my old case.

The main gripe I had was not really that I had to pay for it - but that even knowing my situation, and that I'd talked to them re: this (as in, for the CEO, $500 is chicken feed, to me, it was 2 weeks rent back then), they seemed to believe that it was all O.K. that I pocket the expenses myself. A careful juggling act ensues to make sure that I'm not overdrawn while I was away. No one seemed to give a stuff that I wasn't earning a lot, through no fault of my own.

I've had mates who have had to do the same, and even had to entertain clients on a limited budget. How the hell the company expects execs to perform if they tie their hands with a 'no more than X dollars per meal' clause ? I agree with drawing the line somewhere, but to tie their hands needlessly is stupidity in business.

I can see the value, and the sense behind earning points via company expenses ; I agree, and I would use this too, but first of all, the managers need to talk to and understand that their guys can actually afford it first -and not merely assume that they can.
 

arun

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I agree in principle that the co. should not ask people to use their own money. However, I have the option to use my cc or AMEX Corp, which works out okay for me.
 

straitman

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The only bumma is that from this year on we have to personally pay to be member of the Amex rewards program

Same deal. I managed to avoid the corporate Amex for nearly 20 years and now I'm stuck with it. Still works well except it costs to gain the points. Not a huge imposition if you use it a lot however not really worth it if you don't :!:

I still use my personal cards when ever I can as it's just a whole lot simpler.
 
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