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So I just recently passed my CPA exams and I’m now looking for new opportunities. I’m hoping to work at a big 4 firm in tax and possibly connect with anyone working there right now. Please reach out to me, I would look forward to connecting and learning more about potential opportunities. Thanks!EY PwC Deloitte KPMG
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Of all the EY stupid stuff, this one is at the top. First of all, I live in Charlotte, where lunch is half the price of NYC where my client is, If I paid for lunch. Instead, I pack lunch when I'm home, which I can doe for $2 or less. I don't have a fridge or kitchen in the hotel to pack lunches. For those of you that assume every buys lunch every day, stop being stupid.
Someone is feeding you BS. I've heard the same thing before but don't believe it's actually true. Where in the policy does it say what time is considered breakfast? It doesn't. I eat breakfast all the time past 11 am on weekends.
It's because you would be paying for lunch if you were working on site so they don't repay you for it. With that said, overall we get $75 a day so use it up because most firms don't give as much. Actually per diem would be best :)
@EY5 that's my favorite thing to do while traveling! I love using my dinner expense at the grocery and getting everything - been traveling for 2 years pretty much non stop and started hating eating out (and the 20+ lbs gain)
Most of my EY buddies charge it as breakfast. Choose the more expensive of the two if you eat breakfast
So does K. The cost gets passed to the client so whatever
We can def expense it at D, it's charged to the client
Get the Partner to buy lunch for the team.
I do
^lol yes that is probably correct but only for firm business (so partners, SMs only essentially).
I sometimes forget we have an entire side of the business that doesn't operate under the same parameters - you're probably right that the reason is less to do with advisory-specific concerns and more to do with firmwide policy. It's a bit of a shame. Ugh
I am on a small project, no Sr Mgr or above onsite. I buy dinners, breakfasts, lunches at a grocery store and expense as a dinner (keeping within the dinner allowance). Never had an issue.
How is charging lunch to the client a perk?
KPMG gives us lunch
How is free lunch not a perk?
You are right @OP, but think of it this way: you would be buying/bringing lunch to the client site anyway, so unlike dinner or breakfast which you would eat before and after abnormal workday, lunch is not an inconvenience. It's 8am and I still feel drunk so hope it makes sense. I don't agree with it either though.
One day someone will do a study on the productivity costs of having people be so busy that they skip eating, and then they'll start charging the clients to keep us fed.
I can guarantee you it's true. He had to go to 5x2 to meet with head of HR. I saw the emails. Ultimately it went in his record and he had to backpack $200-300. He asked how it happens, and HR told him it stems from someone calling you to report you, most of the time. I can't imagine how much someone would have to piss me off to call. Also knew a manager on my previous project that went through it.
It's enough that they don't want to cover it.
^this is why clients like ⛷
So ey and slalom don't reimburse lunch. Any other firms?
Thank you for reframing the problem B1
I think the point is that you'd be paying for lunch anyway even if you weren't traveling. So the reimbursement is for travel related expenses