Click to return to BOL home page



September 8
Checkup for your RDC Program;
Susan Orr

September 10
Critical Issues on Certificates of Deposit;
Deborah Crawford

September 16
S.A.F.E. Act - Auditing for Compliance;
Patricia Cashman

September 22
FinCEN's Beneficial Owners Proposal: What It Can Mean for You;
Sonja Kriegsmann and John Burnett

September 23
Bankruptcy 101;
Sam Ott

September 24
Using CPTED to Make Our Banks Safer;
Dana Turner and Carol Dodgen



Topic Options
#1532532 - 04/06/11 04:46 PM employee out of town seminar training
newyork Offline
100 Club

Registered: 08/26/08
Posts: 120
If an employee has to travel out of town for a seminar during the weekend, will the travel time constitute "on the clock" time or will mileage reimbursement be the payment?

Top
Human Resources
#1532551 - 04/06/11 05:13 PM Re: employee out of town seminar training [Re: newyork]
Justin Wesson Offline
Member

Registered: 06/09/08
Posts: 83
Travel time that incurred on behalf of the employer should be paid "on the clock" time. Mileage reimbursement is a seperate payment for the business use of the employees vehicle.
_________________________
THANK YOU GOVERNMENT:
“If I seem unduly clear to you, you must have misunderstood what I said” - A. Greenspan

Top
#1532571 - 04/06/11 05:47 PM Re: employee out of town seminar training [Re: Justin Wesson]
BrendaC Offline
Power Poster

Registered: 09/18/01
Posts: 6029
Loc: Sweet Home AL
Agree, mileage reimbursement doesn't compensate for time.
_________________________
Life without Jesus is like an unsharpened pencil - it has no point.

Top
#1532658 - 04/07/11 08:57 AM Re: employee out of town seminar training [Re: BrendaC]
Tater Offline
Gold Star

Registered: 01/10/06
Posts: 423
Loc: Missouri
Our institution pays travel time as regular time. A friend of mine at another location, though, is paid out of a separate budget for travel time that does not go into the calculation for overtime pay (she is non-exempt). I still can't figure out how that place gets away with that...
_________________________
Born once? Die twice.
Born twice? DIE ONCE!

Loan Review, HMDA, ALLL

Opinions are my own and do not reflect any others

Top
#1533246 - 04/08/11 10:39 AM Re: employee out of town seminar training [Re: Tater]
fun grandma Offline
Member

Registered: 11/21/08
Posts: 81
Loc: midwest
For hourly employees, travel time is paid on the clock and mileage reimbursment is seperate if they used their own vehicle.

Top
#1621266 - 10/28/11 09:32 AM Re: employee out of town seminar training [Re: fun grandma]
Welsh Offline
100 Club

Registered: 03/28/11
Posts: 208
Loc: Kansas
I am working for a bank and they do not reimburse for mileage because the president says the bank is paying for the seminar and if you leave the bank you are taking that knowledge with you.
I have never worked for a bank that did not reimburse for mileage. Is this legal?

Top
#1621379 - 10/28/11 10:47 AM Re: employee out of town seminar training [Re: Welsh]
1 Peter 5:7 Offline
Diamond Poster

Registered: 06/08/01
Posts: 1326
Loc: TX
Maybe not illegal, but short-sighted of management. As has been pointed out before in this forum, does management consider the cost of NOT training and the employee DOESN'T leave?
_________________________
Opinions are mine not my employer's, and should not be taken as legal advice.

Top
#1621409 - 10/28/11 11:07 AM Re: employee out of town seminar training [Re: 1 Peter 5:7]
Welsh Offline
100 Club

Registered: 03/28/11
Posts: 208
Loc: Kansas
1 Peter 5:7 Good point. In my 30 years of banking I have never run across anything like this. My previous bank was taken over by the FDIC last October and I was there for 20 years. Fortunately, I only have two more years to retirement. Hope I can last that long.
At least,I think, I can claim mileage on my tax return as non reimbursable expenses.

Top
#1621734 - 10/28/11 03:19 PM Re: employee out of town seminar training [Re: Welsh]
Fraudman CFCI Offline
Power Poster

Registered: 04/22/04
Posts: 3189
Loc: Land of Steady Habits
But only if it exceeds a certain % of your AGI, no?

Top
#1621735 - 10/28/11 03:20 PM Re: employee out of town seminar training [Re: Fraudman CFCI]
HappyGilmore Online
10K Club

Registered: 06/11/04
Posts: 17403
Loc: Moron, Mongolia
don't believe there is a % threshold for business expenses
_________________________
The only people you should be getting even with are those that have helped you in some way.

Top
#1623830 - 11/02/11 10:56 PM Re: employee out of town seminar training [Re: HappyGilmore]
Dani York, CRCM Online
Power Poster

Registered: 04/13/05
Posts: 3243
Loc: TN
I think there is a maximum percent of your AGI that you can claim, but that may only apply to certain types of business expenses and I don't think mileage reimbursement is one of them. There is no threshhold to meet before you claim expenses though.
_________________________
I can't herd the cats anymore, so I just set up the electric fences and let them fry when they stray out of bounds.

Top
#1623847 - 11/03/11 05:50 AM Re: employee out of town seminar training [Re: Welsh]
Ken_Pegasus Offline
10K Club

Registered: 08/30/01
Posts: 17271
Loc: Another trip around the sun
Quote:
...the president says the bank is paying for the seminar and if you leave the bank you are taking that knowledge with you.


I'd sure like to review his expense reports to see if that rationale (such as it is) applies to him.
_________________________
The world is not a wish granting factory. Hazel Grace Lancaster

Top
#1624602 - 11/04/11 12:26 PM Re: employee out of town seminar training [Re: Ken_Pegasus]
Andy Z Online

10K Club

Registered: 10/27/00
Posts: 25206
Loc: On the Net
Does anyone fly to a seminar or conference and if so, do they pay the ticket cost, or housing or food? (On food, I already hear "you were going to eat anyway." But not necessarily at that cost.)

I've heard of banks that amortized seminar costs and required employees to repay the bank if they left within a given period, 6 mos, a year, etc. That makes more sense.
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

Top
#1624700 - 11/04/11 02:39 PM Re: employee out of town seminar training [Re: Andy Z]
SoccerMomQueen Offline

Power Poster

Registered: 04/09/01
Posts: 4511
Loc: Between the lines
I have flown to conferences. I have a bank issued credit card for my expenses and everything goes on that, flight, hotel, food. However, if I do something that is more of a personal nature, I pay for it. For example, I recently attended a conference where I was able to meet up with a friend; when we went to dinner just to catch up and yack a little; I paid for that. If I pick up a sandwich for lunch, it's on the bank; if I decide to have drinks or a snack, I pay for it.
_________________________
The lower the latitude, the higher my attitude.

Top
#1625480 - 11/08/11 08:25 AM Re: employee out of town seminar training [Re: SoccerMomQueen]
HappyGilmore Online
10K Club

Registered: 06/11/04
Posts: 17403
Loc: Moron, Mongolia
All expenses related to business travel, even for a training seminar, are picked up by the bank, with the exception of lunch. We stopped paying for employees lunches when certain areas were abusing the system and having very expensive lunches with "clients". Rather than punish the offenders, we punish everyone.
_________________________
The only people you should be getting even with are those that have helped you in some way.

Top
#1625788 - 11/08/11 12:52 PM Re: employee out of town seminar training [Re: HappyGilmore]
ACBbank Online
Power Poster

Registered: 07/26/06
Posts: 2551
Loc: New York City
That's really harsh Happy...

Whenever I attend a conference the bank pays for the associated expenses to a certain point. It depends on the cost. The bank would foot the cost for breakfast, but if I decide to grab a drink in the evening, it's on me.
_________________________
"100 victories in 100 battles isnt the most skillful. Subduing the other's military w/o battle is the most skillful." Sun-Tzu

Top
#1629574 - 11/17/11 10:15 AM Re: employee out of town seminar training [Re: ACBbank]
TINKerBell Offline
Power Poster

Registered: 11/16/06
Posts: 2982
Loc: Midwest Mitten
Our bank pays for flight, seminar, daily food expenses up to $100.00 (with receipts and not including drinks), and mileage to and from airport. I don't think it can get any better than that!
_________________________
Adopt the pace of nature: her secret is patience.
Ralph Waldo Emerson

CRCM

Top
#1629728 - 11/17/11 12:18 PM Re: employee out of town seminar training [Re: TINKerBell]
cbu3 Offline
Gold Star

Registered: 02/11/03
Posts: 327
Loc: CA
For us, travel time is considered "on the clock" for non-exempt employees; for exempt employees it counts towards our minimum of 48 hours/week. The Bank reimburses for flight, hotel and we have a per diem with specific meal limits; breakfast $10, lunch $15, dinner $25.
_________________________
Opinions expressed are mine, and might not be those of my employer, regardless of my continuing efforts ;-D

Top
#1630618 - 11/18/11 04:44 PM Re: employee out of town seminar training [Re: cbu3]
BrendaC Offline
Power Poster

Registered: 09/18/01
Posts: 6029
Loc: Sweet Home AL
So you eat at McDonalds 3 times a day? That's harsh!
_________________________
Life without Jesus is like an unsharpened pencil - it has no point.

Top
#1630621 - 11/18/11 04:47 PM Re: employee out of town seminar training [Re: BrendaC]
HappyGilmore Online
10K Club

Registered: 06/11/04
Posts: 17403
Loc: Moron, Mongolia
CBU3 - exempt employees are required to work a minimum of 48 hours a week?
_________________________
The only people you should be getting even with are those that have helped you in some way.

Top
#1630648 - 11/18/11 05:15 PM Re: employee out of town seminar training [Re: HappyGilmore]
cbu3 Offline
Gold Star

Registered: 02/11/03
Posts: 327
Loc: CA
Happy - We aren't required to work 48 hours a week, however it is the very well-established "expectation."


Edited by cbu3 (11/18/11 05:28 PM)
Edit Reason: clarity
_________________________
Opinions expressed are mine, and might not be those of my employer, regardless of my continuing efforts ;-D

Top
#1630649 - 11/18/11 05:17 PM Re: employee out of town seminar training [Re: BrendaC]
cbu3 Offline
Gold Star

Registered: 02/11/03
Posts: 327
Loc: CA
I think so too, especially after working at a Bank that perhaps erred a bit too much on the "anything goes" side of out of town expenses. Gotta love those Hyatts, Mariotts, Hiltons... (sadly waves "goodbye" to the luxury hotels and turns her eyes towards Motel 6 and Super 8)
_________________________
Opinions expressed are mine, and might not be those of my employer, regardless of my continuing efforts ;-D

Top


Moderator:  Andy Z, Gayla Sherry