Employees 'exaggerate' expenses

24-09-2007

Employees 'exaggerate' expenses
Employees are claiming for more money than they actually spent when they hand in their expenses forms, a new report has suggested.

According to the latest YouGov poll, a third of workers have admitted to changing their expenses, PersonnelToday.com notes.

In fact, 41 per cent of employees will add ten to 25 per cent more onto an expenses claim, with some even doubling the amounts spent.

David Vine of GlobalExpense comments that employees feel they must cheat more money out of the company they work for in an increasingly cynical attitude.

"Businesses need to act quickly to stop this rot before it becomes an ingrained culture, not least because the sums can add up to millions of pounds lost to fraud," he remarks.

Mr Vine, the managing director at the expense management firm, notes that employees feel unhappy and exaggerate expenses in an act of retribution.

Bosses were advised to make their employees happy to forge the success of their company by the head of the centre for well being at the new economics foundation, Nic Marks.



Related categories: HR / Recruitment.


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