We offer daily and weekend allowances to our employees during their overseas travel. This is apart from covering board, lodging, and other official expenses. The daily allowance ranges from USD 20 to USD 60 per day, depending on the grade of the employee. During the weekend, starting Friday evening to Monday morning, employees can avail of the weekend allowance.
Categories of Allowance
We have categorized the allowances according to the cost of living in various countries. The USA, Western Europe, and Japan fall under Category A. Turkey, South America, Southern and West Africa, Hong Kong, and Singapore are under Category B, where the allowance is marginally lower than Category A. The lowest is Category C, which includes the rest of the countries.
Purpose of Allowances
The idea behind providing these allowances is to ensure that employees can afford to buy memorabilia for their family, shop for themselves and their loved ones without feeling the pinch, explore the city, take a city tour, or enjoy a few drinks without confining themselves to their rooms. This serves as a motivational tool and also provides a feel-good factor.
I thought I should share this with you, as it might offer some insight into such practices in reputable corporations.