This seems like a huge red flag to me.
A bit of background - My job requires me to travel quite a bit, and all expenses incurred are paid out of pocket and then reimbursed at the end of the month with my paycheque. I make under £25k per year, so this is not an ideal situation for obvious reasons.
When myself and a team member brought up that it's difficult for us to afford these trips, the boss (who is the CEO of the company) said that we should take out personal credit cards, put all business expenses on them, and then pay them off when we get reimbursed at the end of the month.
On one hand, I see the benefit of building credit for myself and reaping the benefits of any rewards from a credit card. On the other I don't think this sounds like typical business practice, or fair of them to ask me to do. Also, although I am good at paying things off on time, I've never gotten a credit card for myself because of the huge penalties for late payments. I don't really want to take on the personal risk.
This is all new to me so I'm not sure how to handle the situation. Any advice would be greatly appreciated!
Submitted January 13, 2017 at 05:03AM by Laurelftw http://ift.tt/2iOIcGr