Soaring gas prices boost interest in commuting assistance — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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Soaring gas prices boost interest in commuting assistance

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in Human Resources

With gas prices climbing toward $4 a gallon, employees are paying much more to get to work—a direct hit on the wallet. In fact, a recent survey put gas prices at the top of Americans’ “serious problem” list relating to the economic slide (see box below).

The result:
More interest—among employers and employees—in commuter-assistance benefits and programs. Expect to become more involved in getting your employees to work. Among the options to consider putting into play:

  • Mass-transit vouchers
  • Gas cards
  • Car pool programs
  • Rebates for the purchase of hybrid vehicles as employees trade in cars that are less fuel-efficient
  • Telecommuting
  • Use of satellite telework centers.

Don’t expect employees to jump on the subway and buses just because of gas-price hikes. Studies show most people view work travel as essential and it’s the last place consumers consider changing, unless they’re given some financial incentive.

For a how-to guide to various commuter benefits, plus the tax advantages offered, go to www.bwc.gov/employ/benefits.htm.

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