Interested in re-evaluating your company’s vehicle program? Vehicle reimbursement can be one of the largest expenses for an employer, outweighed only by healthcare and salary costs. However, there are ways to build a vehicle reimbursement program that are beneficial to the employer and the employee. Understanding the Hidden Costs of […]
Continue Reading
By Lyle Adriano May 1, 2018 A new report based on US Bureau of Labor statistics has found that most motor vehicle accidents involving company cars occur during the personal time of employee drivers. Specifically, the report said that 60% of company car accidents happen during an employee’s personal time, […]
Continue Reading
The nation’s average gasoline price has reached a level not seen since summer of 2015 at $2.71 for a gallon of regular unleaded, according to AAA. The past week saw a five-cent increase, and drivers in six west coast states are paying more than $3 per gallon, AAA reported on […]
Continue Reading
Watch for climbing auto insurance rates By Business Observer Staff Dec 8, 2017 It’s not just gas prices that are going up. Car insurance premiums are also on the rise. CarData, a firm that provides companies vehicle reimbursement plans, says premiums have increased nationally as much as 7.4%. The five states […]
Continue Reading
Technology can help track fixed and variable driving costs By Stephen Miller, CEBS Apr 3, 2018 Employers often reimburse workers for using their own vehicles to meet with clients, attend professional events, make deliveries or fulfill other duties. Tracking, processing and reimbursing accurately for these costs is not always easy, though, particularly […]
Continue Reading