Spending

We are incredibly frugal because we intend to be around in 50 years’ time. However we do not want to be “penny-wise and pound-foolish” and we spend when it matters.

Expenses

We understand that there may be situations when you will need to incur expenses to perform your work. Below explains the guidelines on staff expenditure that we like you to follow.

Software

As a technology company, we like you to make the best use of software tools out there that can aid you in performing your work more efficiently. You have a US$100 budget to procure your own software subscriptions - please save all receipts and submit them as a reimbursement request.

Equipment

We are a remote-first company, so we like you to be able to work as productively as possible. For all team members who have passed the probation period, you may submit an equipment purchase request capped at US$2,700. Once you have decided on your purchase items, please reach out to Finance. Please note that the equipment(s) remain the property of Menlo.

Other purchases

For other purchases you need to make in the course of your work, our policy is as such. For individual expenses below US$100. you may proceed to make the purchase first and submit a reimbursement request later on. But for expenses above US$100, we prefer you do not spend out of pocket; please contact Finance to make the purchase.

We are a startup and every dollar counts. So we hope you make the right spending decisions in the interest of the company.

Reimbursements

Please submit all reimbursement requests by the last Friday of the month, and we will process payment together with pay at month-end. You will have to provide supporting receipts.