Soaring gas prices earlier this year led many employees to seriously consider bailing out of their long commutes and find jobs closer to home. While gas prices have moderated (at least for now), many employees still face long, expensive, time-wasting trips to work.
Government stats show that Americans drove 2.7 trillion miles in 2004, almost triple the miles driven in 1970.
To ease employees' pain, employers are increasingly turning to creative commuter benefits that help save employees money, time and hassle. Those efforts are reflected in recruiting and retention and can reap good will from the public. Plus, they reduce payroll and income taxes because commuter benefits are pretax items.
3 case studies
Companies such as Geico, Eddie Bauer and Georgia Power report that they have more productive, less frustrated employees since they began tempting employees to car pool and ride their bikes to work.
1. Geico: Vans, ca...(register to read more)