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WASHINGTON - The new IRS mileage reimbursement rate reflects an increase of 1 cent, up from 55.5 cents per mile in 2011 and 2012.
Read More →Overall, personal use charges stayed flat in 2012 versus 2011; however, fewer fleets are allowing personal use of company-provided vehicles and many are structuring policies to push more fuel-efficient vehicle selections.
Read More →Historically, IBM was the largest company offering a corporate reimbursement program. In its heyday, IBM had more than 25,000 drivers on reimbursement. However, since then, there have emerged major company-provided fleets operated by hi-tech companies, such as Hewlett-Packard, Apple, Intel, etc.. Despite this trend, certain high-tech companies continue to be more receptive to driver reimbursement programs than company-provided vehicles. Why is this so?
Read More →STERLING, VA - On average, over-reporting of mileage ran at 24 percent throughout the study period.
Read More →MT. LAUREL, NJ - Automotive Resources International (ARI) has developed a new white paper that examines the pros and cons of compensating employees for driving their own vehicles versus providing company-owned fleet vehicles.
Read More →Do you really know who is driving your company-provided vehicles? Often the "at-work" persona of an employee is not the true indicator of their behavior when no one is watching. Recently, someone forwarded me a link to a chat room for pharmaceutical reps. I did a search of posts that included the phrase "company car" and, in short order, I was shocked at some of the comments written about their use of company cars and how drivers play "the system" to their advantage.
Read More →There is no such thing as an indispensable employee; fleet managers are certainly no exception. Here are five ways fleet managers lose their jobs, and what can be done to avoid these situations.
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As financial hard times prompt companies to once again consider reimbursement, the economics of this type of program versus company-provided vehicles may not add up to perceived cost savings.
Read More →Reimbursement has re-emerged as a fleet issue. One reason is that Runzheimer has a rival, which means two competitive sales forces are aggressively selling vehicle reimbursement programs. Also, the recession, corporate downsizing, funding/credit constraints, OEM viability, and economic uncertainty have renewed senior management's desire to re-examine reimbursement.
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