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Salary and Pay Rates
Compensation and Benefits
Latin to English

Why do we pay 'per diem'?

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Wiki User
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.