Asked in Salary and Pay RatesCompensation and BenefitsLatin to English
Why do we pay 'per diem'?
April 30, 2009 1:15AM
The phrase 'per diem' is from the Latin, and means 'by the day'. It's a standard way of calculating an expense account for an eligible individual. For extended travel requires lodgings, which typically charge by the day. It's an easy way of matching up and monitoring the daily expenses of travel, meals, and lodgings.