That is according to new research from Conferma, the fintech company specialising in virtual payment technology, which has identified that 38 percent of employees in the US use their own money to pay for work-related expenses at least once per month. The average individual expense claim is $110.90. The problem of reimbursement is a big
Cash shortfall takes its toll on employee mental health With over a third (37 percent) of employees stating they had to wait up to or over 2 weeks to be paid back after submitting a claim, it is unsurprising that cashflow issues occur regularly. Half (50 percent) of those aged 18-34 said they had less
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