Industry patterns are shifting. Companies are starting to question whether their fleet of company cars is the best option for their business and their team. Reimbursement programs for employee personal vehicles are the option they're turning to. The cost saving and risk reduction benefits are obvious, but there are added employee perks too from making the switch. Griffen and Lee Adam break it down.
Why are companies abandoning their fleets of company cars? 🏃♀️ The landscape of work is changing, and businesses are questioning the viability and sustainability of their fleet programs. As inflation continues to put cost-saving pressure on business finances, decision-makers are forced to evaluate costs and innovate. There is simply too much risk, cost, and administrative burden to bear with fleet programs. There are an abundance of alternative vehicle program options out there, including those that leverage employees’ personal vehicles. Employee satisfaction and financial ease are not mutually exclusive: tax-free personal vehicle reimbursements make this dream a reality. ⭐ #Fleet #VehicleReimbursementProgram #Cardata #CompanyCars