Save Smarter with Commuter Benefits
Pre-tax savings on transit, parking and more.
Commuter benefits are a great benefit that save both employers and employees money. The benefit allows employees to set aside tax-free money to pay for their commuting expenses, and can be used for mass transit, rideshares and qualified paid parking. Employers get in on the savings too. By offering a commuter benefit to your employees, your company can save on payroll taxes each year.
Employee engagement is top of mind for today’s benefit administrators. No one wants an unengaged team — it’s less profitable for the company, and employee turnover can be extremely high. Offering a commuter benefit will boost employee loyalty, attract new talent and save your company money.Learn More
Commuter benefits help you pay for your commute to and from work using pretax dollars, which saves you money on your taxes each year. You can use commuter benefits for transit, rideshares and qualified paid parking.Learn More
Offering a commuter benefits program is legally required in a growing number of locations. We have the resources you need to be compliant and deliver a great benefit to your employees. The following cities or regions have an ordinance in place: Seattle • New York City • Washington, DC • Berkeley and Richmond • San Francisco Bay Area • Coming soon – Los Angeles and New Jersey.
It’s no secret ride-hailing is popular to get around now. More than a third of Americans have used ride-hailing services like Uber. And more than 20 percent say they use a ridesharing service every month. Since it's growing at a fast rate, people often ask, “Does Uber qualify for commuter benefits? […]
With commute times increasing across the country, the negative impact on commuters is getting worse. But there are several creative ways government and business can help commuters. Here are 3 ways to help relieve the stress of commuters. […]
Municipal government action on commuter benefits ordinances is increasing. But what states require commuter benefits you ask? Just one: New Jersey. […]
Heavy commuting can lead to more social isolation, less exercise and unhealthy eating habits. It’s a lifestyle that can have a severe impact on a commuter, and therefore, less productivity at work. If your employees have long commutes, there’s a good chance some of them will quit. No one likes commuting, and as much as people like work, it’s becoming a significant problem in this country for people to get there without stress. LinkedIn reports that 85 percent of people would take a pay cut to shorten their commutes. Staffing firm Robert Half found almost 25 percent of workers quit a job because they don’t like the commute. The rates were highest in New York City, San Francisco, Miami and Chicago, all cities with some of the highest commuting time in the country. The survey also found that 60 percent don’t feel their employers are doing something to help them with commutes. Those feelings also create a divide between having happy and productive employees and those who are just miserable about how long it takes them to get to work every day.>> Is Commuting the Next Health Care? Read more <<For example, a Harvard social scientist found that for every 10 minutes someone commutes, it leads to 10 percent less social interactions during the day. That type of commuter will realistically be less likely to be an engaged employee in your workplace. So what can your company do to help your workers bad commute? Here are 3 ideas on what some companies are doing to improve the commute for their employees.&nbs […]
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