The thing I would press is to get paid fairly, and bi-weekly. I’ve never had a salaried job that was paid monthly.
A huge benefit of fronting the costs is getting points on the spend, it adds up quickly
Interesting. I'm Dutch and I've never heard of a permanent job that was not paid monthly. If someone told me they were not paid monthly, I would assume they are a temp with variable hours.
This is standard in every world. Corporate credit cards are usually reserved for senior executives or people who travel/entertain a lot (e.g. sales reps). Cash advances aren't a thing outside of small companies.
Google is the exception here, IMO. Every other employer I have had has generally required the employee to front the cash for expenses, and used something like Expensify to get reimbursed. There are some exceptions, such as hotels or airfare, which I've booked through corporate booking systems; these only let you see "approved" flights/hotels, and once booked, is charged direct to the company.
It may prevent the employee from holding the bag if the company goes bust. But some "corporate cards" are issued by banks in a way that makes the cardholder jointly liable.
The exception tends to be law and accounting firms, which issue cards to their employees for business use. The employee "pays" up front using the cards, but the card is connected to the employer's expensing system and the funds are deposited to the employee's account the payday following his submission of the expense report.
You would rack up your tab, submit your expense report and then they would issue you a check with which it was your responsibility to pay the tab.
One guy racked up like $50,000 on his card, got the check and then quit and never paid off the card...
Dont know what ever happened to him.
Edit: As an addition, the expense isn't paid by the employee. Costs over $2000 need justification above your boss, but your immediate boss can approve up to $2000 no issues.
Approximately one week a month on-site at client(s) location. So, flights, food, accommodation.
I expected company payment card. If everything turns to shit one month the employee, in this sort of situation, could be left holding a fairly hefty bag.
Side note: if you're in a situation where you're loading up a credit card with business expenses that are later reimbursed, you may consider looking into a credit card that offers rewards like airline miles. It's essentially a "free reward no fee ATM." I always volunteer to grab the company lunch tab for this reason.
Getting credit card points while you know your employer is almost certainly going to reimburse you is a nice benefit, but the industry should definitely seek to improve by making this optional. Especially for prohibitively large large expenses (flights, lodging) default to paying these upfront.
Thank you for your thoughtful response.
I do have two debit cards, one Visa and one MasterCard, for redundancy.
I see what you are saying and it makes sense. I’m just ideologically opposed to the use of consumer credit for regular / recurring / general living expenses.
I bet I’m not alone.
[0] https://www.glassdoor.com/Salaries/software-engineer-salary-...
Sure, the lone "web developer" at a small nonprofit might make $80k, but at a FAANG? Please.
I'm not sure that's true, but I will admit that most of my friends work at FAANGs (outside the bay area). So let me add that I know at least one senior engineer at a non-FAANG tech company that left a $300k job for a "significant pay bump".
Frankly, no large tech company could survive if it didn't pay competitively with other large tech companies.
I fully agree that pay is less in small, non-tech companies in rural areas, but I would be surprised if such businesses hire the majority of developers. Big tech hires a LOT of engineers.
Alphabet - 98,000 (2018) Facebook - 35,000 (2018) Apple - 123,000 (2018) Netflix - 5,500 (2017) Amazon - 647,500 (2018)
Total - ~909,000
That is total number of employees worldwide. so lets conservatively take off a third. Also Reasonably only a third of those employees (probably a lot less at amazon) are actually developers. That gives us ~200,000. The Bureau of Labor statics says there are 1,200,000 software developers in the US in 2016.
FAANG does make up a lot more software development jobs than I thought, I would have to say a significant portion. Very interesting.
Not only was their offer $30,000 below my current income, their deal was I front cash for expenses and submit claims monthly.
Is this standard in the software world?
Because from my perspective there’s only one possible answer to paying expenses out of pocket and having to claim them back: No.