CICS - Central Indiana Commuter Services
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Benefits of Participation
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  • Enhanced employee recruitment: Your company will be more attractive to job candidates because of this added benefit and your company 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 arrive at the work site on time, less agitated from their commute and more able and willing to begin work.
  • Reduced parking costs: When more employees use alternative modes of transportation there are fewer vehicles coming to the work site, resulting in less demand for parking facilities and lowering costs.
  • 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 $110 per month. This employee benefit is non-taxable income and can be deducted by the employer as an expense.
  • Improved public image: Your company will be seen as one of the leaders in the community, establishing proactive policies that help reduce air pollution and traffic congestion.

Source: Commuter Choice

Tax Benefits
 
© 2006 CICS-Central Indiana Commuter Service
Stutz Business Center - 212 W. 10th Street, Suite C485
Indianapolis, IN 46202
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