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A company credit card can remove a lot of administrative hassle when reimbursing employees for company purchases and travel. But just what are your employees doing with their company cards?
Upgraded Points, a travel site that focuses on strategies for maximizing rewards and travel perks, recently looked at how employees use company credit cards. Here’s their breakdown of how many respondents use their cards for various types of expenditures:
Business Travel Expenses (64.8 percent)
Meals/Entertaining clients (55.8 percent)
Office Equipment/Technology (55 percent)
Everyday Tools (54 percent)
Employee Gifts/Rewards (36.4 percent)