Why should employers care how their employees get to work?
As many Washington State employers can tell you, providing commute options and benefits to their employees improves their bottom line while reducing traffic congestion, supporting the business community and supporting their employees.
Here’s how businesses like yours benefit by offering transportation programs.
TABLE OF CONTENTS
- What are the advantages for employers?
- What are the advantages for employees?
WHAT ARE THE ADVANTAGES FOR EMPLOYERS?
Attract and keep the best employees
Employer transportation programs are often viewed by employees as a benefit, and organizations can use them as a recruiting and retention tool. Providing transportation benefits gives you a low-cost way to reduce turnover, improve employee retention, and save money by reducing training and hiring costs for new employees.
Free up parking
Fewer employee cars in your parking lot can free up spaces for customers, visitors and vendors. It also means you don’t have to worry about the extra cost of parking expenses. Negotiate to break out parking from your lease and save by reducing the number of parking spaces you lease.
Be a business leader
Forward thinking employers are recognized and awarded frequently for providing employees with a progressive commuter benefits program. A transportation program can be a valuable and highly visible element in your business practices.
Your community and environment appreciate and recognize you, too, when you reduce employee spillover parking in neighborhoods surrounding your worksite and pollution-causing traffic congestion.
Expand your labor pool
Not all employees can drive, have access to a car, or can work the conventional 8 a.m. to 5 p.m. Flexible schedules, hybrid work from home options and support for ridesharing allow more people to apply for a job and increase the labor pool from which to draw qualified candidates. Recruitment costs go down too when jobs are filled more quickly.
Expand your customer base
Extended business hours when you offer hybrid work from home benefits such as flextime, compressed work schedules, and telework improve your ability to serve customers in different time zones or ones with time sensitive needs.
Reduce workspace demand
Save on taxes
Federal tax law allows tax breaks for transit and vanpool commuting costs up to $300 per month per employee. There are also tax cuts for bicycle commuting. As an employer, you can deduct the cost of providing employees commuter benefits and reduce payroll taxes as well.
Employees also save when they pay their own commuting costs with pre-tax dollars. Learn more about tax benefits here.
Move people and freight
Traffic congestion impacts everyone’s ability to deliver goods and services which can cost your business valuable time and money. With fewer cars on the road you save money by helping to reduce freight costs and the time it takes to make business-related trips.
In an emergency (severe weather, earthquake, strike, etc.), established ridesharing and telework work options programs can keep a business operating.
Enhance environmental reputation
Implementing a transportation program can have positive impacts on the environment, the local community, and the business itself.
Employer-provided transportation programs will decrease single-occupancy vehicle travel and traffic congestion, and reduce emissions of greenhouse gasses and other air pollutants, protecting public health and the climate by encouraging the use of alternative commute modes such as public transportation, vanpool, carpool, bicycling and walking.
WHAT ARE THE ADVANTAGES FOR EMPLOYEES?
Better work-life balance
With access to alternative work schedules and transportation perks, employees have more opportunities to attend appointments, activities, and handle personal responsibilities without sacrificing work hours.
With more control over their daily routines and obligations they can arrange their work schedules around their personal commitments, allowing them to better manage their time and responsibilities outside of work. This can result in a better work-life balance, which can lead to higher levels of job satisfaction, less stress, and improved mental health.
Employees who are given flexibility in their schedules feel better about their jobs, which in turn increases productivity. Likewise, people are more likely to arrive at work on time if they catch a bus, carpool, or vanpool. A transportation program can reduce tardiness and absenteeism, while improving your business productivity.
Greater employee satisfaction
Transportation programs increase employee satisfaction in a variety of ways. Having an alternative work schedule gives an employee a guilt-free opportunity to make doctor appointments or attend a child’s sports activity.
Employees who share the ride to work often note that camaraderie is an important benefit, and many prefer transit options to driving alone because of its ease and reliability. Providing a benefits program that includes transportation options is a great way to show that you value employees, and leads to a more productive and engaging work environment.
Lower transportation costs
By providing transportation alternatives, such as carpooling or public transportation, employees can save money on commuting expenses like gas and parking fees.
Overall, offering a transportation program with a commuter benefits plan and flexible work schedules can be an effective way for employers to show their commitment to their employees' well-being, while also improving workplace productivity and morale.
As you can see, having a transportation program greatly benefits both employers and employees! Ready to get your transportation program started? We can help design one with your business and employees’ needs in mind!