For sure, a company could do that. Waste and shrink are problems that growing companies universally experience at some point. When they expand to the point where they have departments dedicated to reducing those losses, they end up with varying levels of strict policies to combat it.
My current company is a few hundred, which is a child company of many thousands. In my companies initial incarnation, before my time, they issued work credit cards to people to deal with software subscriptions and hardware needs. They ran a skeleton IT staff who just knitted everything together that people bought.
until;
People start buying their groceries on the cards. It was ‘snacks’. Before long it was out of fucking control and they had to pull everyone’s cards and slap the hands of even some of the management.
By the time I got there, I had to be read the riot act to get a card with enough space to provision basic equipment.
Our parent company takes weeks, requires seperate accounts and PO’s for any transactions what-so-ever, I’m not sure what they faced, but I suspect it’s kind of like those youtube videos where you see the guy throw the basketball overhead backward and full court and it goes in and everyone in frame absolutely loses their mind, you have to assume they had been at it for hours for the reaction to be that insane.
I was thinking simpler. Just give the decision power to managers, but allow them to use it to reward/celebrate their employees.
I’ve had two credit cards for work in my career. On one I bought a book (one single book). On the other one I bought . . . nothing - not one single thing. But I was required to get it because I once paid for required training on my own card then put in for reimbursement (as I was told to do). Corporate went nuts because I didn’t do it their way - use the company card I didn’t have at the time.
Give the manager an “esprit de corps” account to charge the “loss” to. That way they can track the costs and decide if it’s worth it.
Believe they can also get a tax write off for part of the cost.
any restaurant that doesn’t do the family meal is just asking for food theft. your esprit de corps account proves it
For sure, a company could do that. Waste and shrink are problems that growing companies universally experience at some point. When they expand to the point where they have departments dedicated to reducing those losses, they end up with varying levels of strict policies to combat it.
My current company is a few hundred, which is a child company of many thousands. In my companies initial incarnation, before my time, they issued work credit cards to people to deal with software subscriptions and hardware needs. They ran a skeleton IT staff who just knitted everything together that people bought.
until;
People start buying their groceries on the cards. It was ‘snacks’. Before long it was out of fucking control and they had to pull everyone’s cards and slap the hands of even some of the management.
By the time I got there, I had to be read the riot act to get a card with enough space to provision basic equipment.
Our parent company takes weeks, requires seperate accounts and PO’s for any transactions what-so-ever, I’m not sure what they faced, but I suspect it’s kind of like those youtube videos where you see the guy throw the basketball overhead backward and full court and it goes in and everyone in frame absolutely loses their mind, you have to assume they had been at it for hours for the reaction to be that insane.
I was thinking simpler. Just give the decision power to managers, but allow them to use it to reward/celebrate their employees.
I’ve had two credit cards for work in my career. On one I bought a book (one single book). On the other one I bought . . . nothing - not one single thing. But I was required to get it because I once paid for required training on my own card then put in for reimbursement (as I was told to do). Corporate went nuts because I didn’t do it their way - use the company card I didn’t have at the time.