Like all growing companies, StarkSouk attempts to minimise expenses as much as possible in order to extend our financial runway as much as we can. Most of our expenses—over 80% typically—are people-related: salaries, external consultants and benefits.
If you need to expense something during work for a client, just ask one of the team leads or core team, who will most likely already have a business credit card.
To facilitate your efforts effectively and ensure smooth operations, we have outlined reimbursement guidelines for expenses incurred during these activities.
Reimbursement Details:
Out of town official work:
- Food: Reimbursement for meals during client meetings will be provided as per actual expenses incurred, up to a maximum of Rs.400 per meal per person.
- Airport travel expenses will be reimbursed based on receipts up to a maximum of Rs. 1000 per one-way trip to/from the airport.
- In-city travel expenses at the destination (e.g., taxi fare, public transit) will be reimbursed based on receipts submitted, up to a maximum of Rs. 500 per day.
- Further expenses, if anticipated, can be pre-approved with your team lead before making the spend.
Home location official work:
- Travel expenses such as transportation (e.g., taxi fare, public transit), parking fees, and toll charges will be reimbursed based on receipts submitted up to a maximum of Rs. 500 per day.
- Further expenses, if anticipated, can be pre-approved with your team lead before making the spend. This includes far-off meeting locations.
Production Shoots for Clients:
- Food: If food is not provided at shoot, reimbursement for meals during production shoots will be provided as per actual expenses incurred, up to a maximum of 400 per meal per person.
- Travel expense policies for production shoots will be applicable as mentioned in above sections, depending on geography.
Subscriptions:
If you or a coworker requires a subscription for official purposes, such as Midjourney, ChatGPT or other, please check in with your team lead. Post their approval, you can submit an email to the Finance team with a cc to your team lead.
The finance team can help obtain a better understanding of the duration and pricing of the service or in the odd case that there are already active subscription relationships with the service provider which we can make use of.