Employees working from home during the coronavirus pandemic claimed some outlandish expenses this year, including pricey exercise bikes, facelifts and private jets.
Emburse, an expense management software company, released a compilation Wednesday of some of the craziest expenses it has seen claimed this year, some of which were actually approved. That included $1,895, which was approved as a contribution for an employee's Peloton Bike under the explanation of “for health and wellness.” On the other hand, a $7,600 expense claim for a facelift was submitted under the category of “repairs and maintenance” but was rejected, despite the pressing need to look one’s best during a Zoom meeting.
Larry Thompson is the president of Veriato. He has more than 20 years of leadership and management experience with domestic and multinational corporations, with a focus on software, telecommunications, distribution and manufacturing. Larry has experience in strategic planning, tactical execution, leading global initiatives, and managing businesses at multiple locations. He has completed the diligence, negotiation, structuring and completion of more than 30 M&A transactions and has extensive experience with audit control, vendor relations, negotiations, financing's, long-term leases, and bank relations. He holds a masters of accountancy from Virginia Tech.
Corte Iarossi has more than 20 years of experience in the group health and cost containment markets. He’s managed sales, account management, network management, vendor relations and marketing teams for large organizations as well as fast moving, entrepreneurial companies. He specializes in enhancing company revenue and profits through new sales, organic growth and streamlining sales administration. He can be reached at 423-505-9128 or via email at corteiarossi@outlook.com.
Michael Podemski is senior manager, risk advisory services, at EY, and immediate past president of ISACA Chicago Chapter.
Some expenses weren’t for working from home, but more about getting out of the house safely. An expense claim for a private jet charter costing over $20,000 was submitted and approved under the explanation of “required to limit COVID exposure for international shoots.” Another travel-related expense claim was $2,500 for a helicopter ride, which was not approved.
The $79 expense claim for a dog crate could perhaps be used for travel at some point when that's safer, but in these times it was more plausibly to provide "crate training [for] a new COVID puppy to not run into Zoom meetings."
Below is an infographic produced by Emburse showing this and several other head-scratching claims:
