Fly Out Perks
Who here has flyout perks for your company? Do you have to pay anything like income tax to do a fly-out/fly-in?
Why would a company not cover a flyout?
Also, I'm curious...how do your social budgets work? Do you have perdeims or actuals and how does that affect the team social life (and who picks up the check)?
Explain what you mean by "flyout perks"... it's not a term I've heard before.
AFAIK (and IANAL), any reimbursed expense is not taxable.
At the M/B/B I interned with, social budgets (and trip expenses) were a relatively vague thing. There was an official travel policy, but how things actually worked on site were very much up to the partner's discretion. My team was getting killed, to some degree, with work - and partners felt bad. So no one really batted an eye if we expensed > $70/person dinners (or $20/person dinners with $20 of drinks afterwards). There was also a monthly case team event with a loose budget of a couple hundred per person on the team. In general, no per diems at M/B/B - just rather generous actuals.
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