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.
Do you bike to work? Wouldn’t it be nice to get reimbursed for your bike share membership, tune-ups or repairs? A bill in Congress is looking to make a tax benefit for bike commuters a reality. It’s the “Bicycle Commuter Act of 2019.” Currently, it’s in the House of Representatives, and would reclaim benefits bicyclists lost when tax reform was passed in 2017. Under the new bill, cyclists would receive $53 per month for commuting. Old legislation allowed cyclists to receive $20 per month as a commuter benefit. […]
Employees and businesses focus on health care as the No. 1 benefit in any benefits package. But a new trend is making people rethink a lot of things about jobs and benefits: Longer commutes. It’s making some people wonder if commuting is the next health care in terms of how it impacts the job market. […]
If you are interested in saving money on your commute, you’ve probably wondered, “Is my company required to offer commuter benefits?” The answer depends on where you live. […]
Do you want to create a positive benefits experience for your employees? It’s not that complicated if you focus on three core areas. Your benefits should reflect what your employees need. Companies who understand how important this is will survey employees periodically to see what should change. For example, if you have many public transit commuters, they’d probably like a break on their commuting costs by using commuter benefits. Once you know what they want, it makes your job easier. Here are the next steps to make it a positive experience for your employees. […]
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