Per Diem refers to a fixed sum of money given to an employee every day to cover the expenses for a business trip. The amount of money that an employee spends through cash or credit card while traveling for business mean can be reimbursed.
The term Per Diem is driven from the Latin language, which means: for-each-day. It encompasses lodging, food for three times, and incidentals.
When an employee travels on for the employer business concerns, may that be inside or the outside Country, is given an amount of money fixed to cover the living expenses on the expense of the employer is called per diem.
The lodging can be paid as an advance amount or that amount may be claimed by the employee upon the presence of receipts when returned back to the duty station and then reimbursed to her/him the same, but as per approved rates. There are always some approved rates, say in private or public sector organizations, for per diem payments and that amounts are fixed as per grading systems based on seniority of positions.
The employee is given an approved document for traveling by the employer’s competent authorities wherein the leave of duty station along with travel expenses are covered and given, in cash or encashment upon return can be filled as the case may be, for the smooth out and back of the employee for any particular task assigned to complete which on the existing duty station is neither possible physically nor online. The per diem is the reimbursement for employees for their substance expenses when they are on a day of travel for official purposes.
In the United States, the Department of State establishes per diem rates for outside the US. The publishing of per diem is carried out by the General Services Administration for locations related to the Continental US: Alaska, Hawaii; and the US territories and possessions. It includes 48 contiguous states including the District of Columbia.
This publishing is executed by a committee for this task known as Per Diem Travel and Transportation Allowance Committee – PDTATAC – also known as Per Diem Committee.
And that for which fiscal year to select from the last tab on the website. It is pertinent to mention here that the GSA official website helps the users to look for the hotels of the destinations you are going to. Along with that, there are tabs encompassing the per diem highlights for fiscal years for the utilization of consumers.
The United States General Services Administration (GSA) has the following highlights for the fiscal year 2022 so far as the per diem is concerned:
Note: For updated information on afore-said, the afore-mentioned rates may be re-consulted:
Within USA travel on GSA official Website
And for foreign travels, consult the Department of States website