Meals/Cab Allowance for Summer Analysts
What is the typical late night meal allowance and what time does it start on weeknights? What about on weekends?
Also, are we provided with cab/taxi allowance after a certain time?
What is the typical late night meal allowance and what time does it start on weeknights? What about on weekends?
Also, are we provided with cab/taxi allowance after a certain time?
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I am specifically asking about NYC SA positions.
Dependent on bank, but mostly 25 after 7pm on weekdays. Weekends is whenever. Cabs after 9pm
For my BB, it's $25 if you're working until 8pm. Everyone uses seamless web, so you don't need to worry about providing receipts.
After 9pm, your entitled to a taxi cab for a reasonable amount. Don't abuse the policy with inconsistent amounts and/or unusually high cab fares during your summer. Also, wouldn't exactly have all my receipts showing 9:01 as the time you have on your receipts. You don't want any unwarranted attention on these things, as the clients are billed according to the project you work on..
Usually £20 (USD equivalent) for dinner if you're there until around 9pm, taxi for 10pm. We always ordered dinner at around 6:30 or 7 though. Weekends was 1 meal every 4-5 hours but no taxis.
anybody know if dinner/cabs apply for MM's as well? if so - roughly the same deal? I assume its not purely BB's...
If you want to avoid this problem and still dip out at 9:01 on the reg (when possible, of course), just wait til the last week after offer decisions have already been made to turn in all your receipts to a secretary.
During the week: $25 dinner allowance after 7 PM, cab fare after 9 PM.
Weekends: $10 breakfast, $15 lunch, $25 dinner, two free cabs.
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