Entries Tagged 'Business Expenses' ↓

Help Employees Beat the Gas Prices

July 9th, 2008 — Business Expenses

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Are the record high gas prices affecting your bottom line this summer?

We have found a really cool service that may just help your employees reduce the bite that gas prices are taking out of their paychecks every month. Your business may be able to help them save money and cut expenses. Introduce iCarpool a new service that is designed to help deal with rising prices at the gas pump, traffic congestion problems and global warming and environmental concerns. iCarpool offers a list of the Top Ten Reasons to Carpool mentioning the following items:

  • Save on Gas
  • Save time by using the High Occupancy Vehicle (HOV) and Express lanes along your commute
  • Save on parking costs
  • Save the environment and reduce your carbon offset
  • Save your energy
  • Have better control of your work schedule
  • If available, get Carpool / Vanpool prime parking spots on your campus
  • Reduced traffic congestion if more people carpool
  • Reduce dependency on oil
  • It’s fun

    • The company is based in Seattle and claims their service works for both regular daily commutes and even unexpected trips across US and in Canada, Europe, and Australia. It can even help you find a buddy to bike or walk to work with.

    So seems like clear win-win for an individual but what’s in it for the employer?

    #1 Carpooling is a legitimate employee benefit, especially now as companies around the country are hearing it from their employees - the high gas prices have created a true need. This is a need employers can address easily and cost-effectively and also fell good about it.

    #2 Depending on your parking lot situation you could save money providing parking spaces, since there wil be fewer cars needing slots.

    #3 You could save a fair amount of money on mileage allowances on employees expense reports. As an example, if your company has trips between your sites - you can cut that these potential direct costs in 1/2 or by 1/3’s.

    #4 You will help employees do their part to save emissions and reduce their carbon footprint.

    #5 Your organization can earn some “green company” points in your community or on a broader scale - by doing your share in cleaning up the environment.

    I would strongly consider looking into offering your employees a carpooling service - whether it is iCarpool or another service - it will be worth it.

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