New AppZen Expense Reimbursement Survey Reveals Impact of COVID and Remote Work on Employees
Data shows more employees are expensing during the pandemic but also reveals disparities in the expense report process based on roles and gender
New data released today by AppZen, the world’s leading AI solution for modern finance teams, reveals how the pandemic and remote work have impacted company expense reports. The findings shed new light on shifts in expenses during the pandemic and uncovers differences in reimbursements based on genders and roles.
“The data shows it’s in the best interest for companies to have clear policies and proactively communicate them effectively to their employees so there are no inconsistencies or perceived disparities in how companies are handling employee expenses.”
Surveying 1,000 workers of companies with at least 250 employees, the data provides insight into how companies have adapted new expense policies and how those changes have impacted employees.
Recommended AI News: Proctorio and Derivita Partner to Provide N****** Lock Down for Online Classes
Remote Work Policies
AppZen’s research shows the drastic shift from office to home working and the importance of clearly stated policies. 17 percent worked remotely prior to COVID, spiking to 83 percent during the pandemic.
- 75 percent of employees submitted w************* expenses during the pandemic versus 69 percent of employees who submitted expenses pre-COVID.
- 51 percent of employees said their employer updated their expense policy due to COVID.
- 92 percent of employees whose employers updated their expense policy due to COVID said their organization’s policy was clear, compared to only 61 percent of employees whose employers did not update their policy.
- 83 percent of employees who received an updated policy said their employer fairly compensates them for w*************-related expenses compared to only 29 percent of employees at companies where the policy was not updated due to COVID.
Changing Expense Reports
The volume of w************* expenses grew with the arrival of COVID. But what did employees ask employers to cover?
- Claims for internet usage at home rose 6 percent.
- 46 percent of companies are reimbursing for internet during COVID.
- Only 29 percent of employees feel they are fairly compensated for new types of w************* expenses – such as childcare.
- 26 percent of employees say they feel uncomfortable about claiming these types of expenses.
Recommended AI News: Adludio Partners Exclusively With Inskin Media in Australia
Disparities with Positions and Gender
AppZen data also shows differences among executives and non-executives in the expense report process and a gender divide.
- Women are less likely (59 percent) than men (80 percent) to feel fairly reimbursed for w*************-related expenses.
- The C-suite and company executives are more likely to have company credit cards and expense accounts while the majority of employees are reimbursed for work-related expenses paid for with their own money.
- The COVID lockdown had a disproportionate effect on the shift to w************* on specific jobs and roles. 42 percent of business owners/business partners and 37 percent of sales managers worked from home prior to the COVID lockdown.
“We are all experiencing changes to working habits in 2020 and that has had a clear impact on company expenses,” said Anant Kale, CEO of AppZen. “The data shows it’s in the best interest for companies to have clear policies and proactively communicate them effectively to their employees so there are no inconsistencies or perceived disparities in how companies are handling employee expenses.”
Recommended AI News: ACI Worldwide Launches Fraud Management in the Cloud to Protect Against Threat of UPI Payments Fraud
I am extremely inspired together with your writing abilities
as neatly as with the structure for your weblog. Is that this a
paid subject or did you modify it your self? Anyway keep up the
excellent quality writing, it’s rare to peer a nice blog like this one today..
Hello There. I discovered your blog the usage of msn. This is a very
neatly written article. I will be sure to bookmark it and return to read extra
of your useful info. Thank you for the post. I will certainly return.
I am sure this article has touched all the internet visitors, its really
really pleasant article on building up new weblog.
Hey I know this is off topic but I was wondering if you
knew of any widgets I could add to my blog that automatically tweet my newest twitter updates.
I’ve been looking for a plug-in like this for
quite some time and was hoping maybe you would have some experience with something like this.
Please let me know if you run into anything. I truly enjoy reading your blog and
I look forward to your new updates.
Heya just wanted to give you a quick heads
up and let you know a few of the pictures aren’t loading correctly.
I’m not sure why but I think its a linking issue.
I’ve tried it in two different browsers and both show the
same outcome.
Today, I went to the beach with my kids. I found a sea shell and
gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.”
She put the shell to her ear and screamed. There was a hermit crab inside
and it pinched her ear. She never wants to go back!
LoL I know this is entirely off topic but I had to tell someone!
Article writing is also a excitement, if you be acquainted with afterward you
can write or else it is complicated to write.
Copper scrap demand forecasting Copper scrap quality control Metal reclamation and salvage
Copper cable recycling facility, Scrap metal commerce, Copper scrap grading system
With havin so much written content do you ever run into any issues of plagorism or copyright violation? My website has
a lot of exclusive content I’ve either written myself or outsourced but it looks like a lot of
it is popping it up all over the internet
without my authorization. Do you know any techniques to help reduce
content from being ripped off? I’d certainly appreciate it.
pharmacie en ligne en Espagne pour le médicaments Galena Moeskroen medicamentos
sans ordonnance en Suisse
ordinare farmaci in Belgio Amcal Moutier médicaments achat
en toute confiance
Online winkel voor medicijnen zonder voorschrift Helvepharm Mazatlán acheter médicaments en Allemagne sans
problème
Guida all’acquisto sicuro di farmaci online a Milano, Italia Teva Waremme prijs van het geneesmiddel
Veilige online apotheek voor medicijnen in Nederland Krka Münchenbuchsee medicamentos sin receta en España
расчет стоимости экспертизы
рк, пример расчета стоимости экспертизы проектной документации курс visa к
рублю, курс валют visa к рублю қағазбен жұмыс істеу әдістемесі, қағаз
және қатырма қағазбен жұмыс сабақ жоспары
мағжан жұмабаев мен қазақпын өлеңі, мен қазақпын мың өліп мың тірілген ерболат текст