Business trips can be a necessary part of a job, particularly for those that travel frequently for work. It is important to understand the meal allowance associated with business travel in order to ensure one is adequately budgeting their trip accordingly. What Is the Average Meal Allowance for Business Travel?
The average meal allowance for business travel depends on several factors such as the type of employer and country of origin. Generally speaking, most US companies provide their employees with a daily meal allowance that covers breakfast, lunch, and dinner. This amount typically ranges from $30 to $50 per day depending on the company’s policy.
International companies may provide different meal allowances than domestic ones. For instance, some countries have set daily meal allowances that are set by law such as in China where the daily rate is RMB 120 (approximately $20 USD). Other countries may have more flexible policies and offer higher rates depending on the company’s discretion.
In some cases, employers may opt to reimburse employees for actual expenses rather than providing a set amount. This can be beneficial for travelers who are able to take advantage of discounts or special deals while they are away on business.
It is important to note that these allowances are intended to cover meals only and should not be used as an opportunity to splurge on lavish meals.
Overall, the average meal allowance for business travel can vary greatly depending on the employer and location. It is important to discuss any specific guidelines or expectations with your employer prior to taking any trips in order to ensure you have a clear understanding of what is expected.
The average meal allowance for business travel ranges from $30-$50 per day depending on the company’s policy. International companies may provide different allowances than domestic ones, so it is important to inquire about any specific guidelines or expectations prior to taking any trips abroad in order to understand what is expected and budget accordingly.