Employers
Looking for a way to save money, earn tax breaks, improve employee morale, build you public image, and recruit and retain better employees? Commuter Services can help.
Transportation costs assumed by employers and developers can be significant. From providing free parking to lost productivity due to stressed employees and work site congestion, employers often need as much relief as their employees. In fact, according to the 2005 Urban Mobility Report, traffic congestion (and its subsequent problems) costs the U.S. approximately $63 billion/year in lost time and productivity.
When employers take an active and supportive role in the transportation habits of their employees, they can typically achieve the following benefits:
Retention/Recruitment: Commute options expand an employer's ability to retain and recruit qualified employees by eliminating mobility barriers. [Read more.]
Tax Benefits: The federal tax code allows employers to provide employees with up to $105 in pre-tax transit assistance each month as a tax-free fringe benefit. This amount can then be deducted from your payroll taxes, saving your business money. [Read more.]
Reduced Parking Demand: Employer-provided parking is a very expensive undertaking. An employer-sponsored trip reduction program that includes a variety of commute options reduces parking demand. [Read more.]
Employee Morale: Some studies have shown that commuters who travel by bus, carpool, bike, or foot are more likely to arrive at work rested, resulting in greater productivity.
Commuter Services of North Florida can help you discover these benefits first hand.
