“What Does per Diem Mean? You’ve probably run across the term “per diem” at least once in your career, but what does it cover and how do you get reimbursed? Per diem payments are daily allowances paid to employees to cover costs incurred while on a business trip…Per diem payments are useful when employees rack up annual

business expenses like accommodations, meals, travel, and so on…Companies may offer per diems in the form of a company credit card, full or partial expense coverage, or fixed daily rates. Most firms use the standard rate set by the federal government as a guideli...