What fleet managers need to know to reduce risk and avoid legal and labor relation pitfalls.
Cost containment is the issue of the day as national economic and future market conditions remain uncertain for the latter half of this year and into calendar-year 2024.
If a company is not reimbursing an employee accurately—even if unintentionally—that company opens the door to the threat of lawsuits, both at the federal level and within states with stringent labor laws.
A recurring question is whether it makes business sense to provide company vehicles to employees or to reimburse them for the use of their personal vehicles. Here are 30 reasons why reimbursement may not be the best choice.
Wheels, Inc. expanded its reimbursement program to include a fixed and variable rate (FAVR) option for its clients, which is delivered in accordance with the IRS FAVR program guidelines.
This video explores how COVID-19 is changing the industry's perception toward driver reimbursement; the change in fleet employee demographics and what this might mean for reimbursement programs; and the types of industries and companies that are more predisposed to offer reimbursement and why.
Topics mentioned in this video include growing fleet budget concerns amid the pandemic “cash crunch," overview of the ongoing strong resale market and “pain points," and remarketing “days-to-sale” metrics lengthens due to transport constraints.
Today is the final day to participate in the survey.
Automotive Fleet is compiling its annual personal-use survey that will track the answers to these questions and more, which fleets can benchmark against their operations.
As companies look for best practices and opportunities to create more efficiencies in fleet management, they should also look at the trend away from vehicle ownership to develop tools to apply in context of commercial fleets.
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