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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
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© 2006 CICS-Central Indiana Commuter Service
Stutz Business Center - 212 W. 10th Street, Suite C485
Indianapolis, IN 46202
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317.327.RIDE (7433) - 888.737.RIDE (7433) - 317.631.4304 (fax)
info@centralincommuter.net
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