June 1, 2023
Meal Allowance: What Employers and Employees NEED To Know
A meal allowance is money given to employees to buy food. It’s also known as a meal stipend or food stipend and is usually a taxable benefit. Employers often provide these stipends so employees can purchase lunch, but they can also cover items like groceries, food delivery, meal kits, or restaurants. In this guide, we’ll cover the ins and outs of meal allowance policies, including the benefits of providing them, the various types of food stipends to choose from, examples from leading companies, and how to navigate budgeting and setup.