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Per Diem Payments

oboloo Glossary

Per Diem Payments

Per Diem Payments Definition

Per diem payments are a type of compensation that is typically given to employees who travel for work. The payments are intended to cover the cost of lodging, meals, and other incidental expenses incurred while traveling. Per diem rates vary depending on the location of travel and the length of stay. Employees who receive per diem payments are not required to submit receipts or proof of expenses in order to be reimbursed.

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