Should You Outsource Your Vehicle Reimbursement Program?

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Mileage reimbursement is a cost effective solution that is easier to manage than in-house fleet management. It enables employees to use and maintain their own car, which results in fewer administrative duties for your company. By also outsourcing the management of your vehicle reimbursement program, you can reap all the […]

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The 6 Most Commonly Used Company Car Programs

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Undoubtedly, one of the biggest challenge facing businesses today is calculating and managing the expenses associated with company car programs. Although there are several different variations used by businesses, the following information explains and offers insight into the commonly used company car programs. 1.       Company Owned Vehicle With company owned […]

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Why Company Cars are No Longer Necessary for Employee Recruitment

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All across North America, employers are implementing new, innovative benefits as part of their competitive compensation packages to recruit top-flight employees. Some of these benefits designed for employee recruitment may include brand new types of perks, such as on-site child care, catered lunches, or flexible work hours. However, company cars […]

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Why Cents-Per-Mile Reimbursement Isn’t the Ideal Solution

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The IRS Standard Rate, or cents per mile rate, refers to the annual mileage rates used to reimburse employees for occasional business driving. Like all such methods of measurement, it suits certain businesses under certain circumstances more than others. As a result, it is important to examine both the pros […]

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