Buspooling increases productivity
Employees who buspool find their stress levels lowered by the increase in camaraderie that comes from riding together. Lowered stress means better health, and better health means fewer health problems, illnesses and doctors’ visits, a combination that benefits employees and their pockets. Absenteeism also decreases with buspooling, and employee performance at work increases. Multiple people in a car can also decrease travel time, since buspooling allows the use of HOV (high occupancy vehicle) lanes in cities where they exist. Overall, employees who buspool will accomplish more work than those who do not.
Everyone benefits, including your public image
When employers encourage their employees to make cost-effective transportation choices, they help the entire community. Participation in buspools, vanpools and transit reduce traffic congestion on local roads and preserve the quality of life Ken-Doo value so highly. An employer's decision to create a transportation benefit package will boost employees' morale -- and garner the goodwill of their community.
Business benefits
Encouraging your employees to leave their cars at home at least once or twice a week makes good business sense.
Find and keep good employees -- difficult commutes wear people down and result in job turnover.
Improve productivity -- reduce time wasted training new employees and from employees being late to work.
Expand your labor pool -- attract potential employees who don't have access to a car and or who need assistance with their commutes.
Manage your parking -- free up parking spaces for customers and visitors and avoid the expense of parking expansion.
Reduce tardiness and absenteeism -- it's a fact, when employees commit to a commute alternative they are more likely to get to work on time and are more relaxed.
Reduce your tax burden -- check out Commuter Choice benefits and see how you can save money while helping employees pay for transit and vanpooling.
Helping your employees explore their commute options is a great idea. It saves them money and wear and tear on their vehicle. It saves you money with reduced parking needs and more dependable attendance. So, what do you say Ken –Doo the way?
Promote commute options. Offer an emergency ride home program. Consider subsidizing transit passes and vanpool fares. Up to $110 per month per employee is a tax-free benefit you can offer your employees.
Commuter Choice
It really does pay to ride transit or join a vanpool! The Commuter Choice benefit allows employers to give their workers up to $110 per month to cover transit or vanpool fares as a tax-free benefit. Alternatively, employers can allow employees to pay for commuter choice benefits with a pre-tax payroll deduction or a combination of the two. No matter who pays, both will save.
Under the Transportation Equity Act for the 21st Century, the Federal Government offers tax incentives to increase the use of public transit or vanpools to and from the workplace.
Currently, up to $110 per month in non-taxable and/or pre-tax dollars may be set aside to pay for transit or vanpool fares. This results in lower payroll taxes for both the business and the worker. Further business tax deductions for transportation programs may be applicable.
What’s in it for me? Why should you participate in a commuting program? As an employer or employee, there are many benefits:
Company Benefits
- Increased employee productivity
- Greater workforce retention
- Reduced absenteeism
- Increased company morale
- Reduced parking needs
Employee Benefits
- Reduced wear and tear on your vehicle
- Lower stress from commuting
- More productive use of your time
- Money savings from using your car less
Community Benefits
- Money savings from using your car less
- Reduced traffic congestion
- Improved air quality
- Energy savings
- Enhanced regional competitiveness
- Increased business retention