I work for a startup of 15 people. 4 of us travel almost 100%. 1 of us travels 25%. 3/4 the people who travel 100% have corporate cards. I travel 100% and DO NOT have one. The person that travels 25% also has no corporate card.
My employer is very slow in reimbursing me for company expenses (food,hotel,flight,car etc). The debt usually accumilates to 3000-4000 $ before I get reimbursed. I dont like the idea of using my personal card for company expenses as on a long term its not right (I%26#039;ve been doing it for %26gt; 1 year now). I am expected to travel thru 2007 at a minimum.
My boss (%26amp; founder) says its %26quot;too much work%26quot; for him to get me a new card is is not even willing to give me a cash advance. I am very frustrated due to this. I think its unfair I travel 100%, am a regular employee and dont have a card while another employee does have it.
The guy does not even return my phone calls when I call to enquire about my reimbursement.
Other than quit, how else can I handle this?
Why must I use my personal credit card for company expenses?
Ouch - sounds like a sticky situation.
Honestly, startups are weird environments. Frankly, they are probably slow the reimburse you because of poor cash flow management.
Tell your boss you can%26#039;t continue to charge the travel. Make the arrangments w/o paying for them and submit the bill.
Even if the company pays you the initial travel cost - if you are stuck covering a month of interest on $3000 - that can be quite a bit over the course of the year.
Wish I had a better answer for you!
Best of luck.
Why must I use my personal credit card for company expenses?
quit with no explanation or warning - f*ck %26#039;em
...that%26#039;s how you should live your life....if they f*ck you - walk!
Why must I use my personal credit card for company expenses?
Your boss is being very unreasonable. If he can%26#039;t get you a company card, at least he should reimburse you on a timely basis. I use my credit card for some company expenses but I get reimbursed as soon as I submit an expense report.
I%26#039;m sorry to hear you work for such a hard-headed person. It doesn%26#039;t sound like you have many options because i get the impression your boss is a %26quot;take it or leave it%26quot; type of person.
Why must I use my personal credit card for company expenses?
unless you are concerned whether or not the company is doing well enough to keep up with paying such large amounts I wouldnt worry about it. If you are going to make a big purchase say home or car I would have the boss write out a statement of the nature of the card use so there is no isue of debt income ratio. on a possitive note your credit will just get better and better because the amount of payoff is so great consistantly and that will help you personally. I think its hogwash his too much work excuse though I do agree with you.
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