Commuting to work with others helps employers and their employees.
- Enhanced employee recruitment:
Your company will be more attractive to job candidates and can hire from a larger geographic area.
- Greater workforce stability:
When employees have access to reliable transportation, there is less turnover and absenteeism.
- Improved employee productivity:
Workers are more likely to arrive on time, less agitated from their commute and ready to work.
- Reduced parking costs:
When more employees use alternative modes of transportation there is less demand for parking spaces.
- Decrease in tax burden:
When employers offer pre-tax accounts to pay for employee transportation costs, the tax burden for both the employer and employee is reduced.
- Tax free raises for employees:
Employers can subsidize employee transportation costs up to $255 per month. This employee benefit is non-taxable income and can be deducted by the employer.
- Improved public image:
Employees and the community will see your company as a “green” employer.
- Commuter Bike Benefit:
An IRS reimbursement that employers can offer employees who bike to work.