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Commuter benefits give employees the opportunity to use tax-free dollars on commuting costs and keep more of what they earn in their paycheck. Companies that offer commuter benefits also save money by reducing payroll taxes.
When an employee enrolls in our commuter benefits program, they can pay for their commuting costs with pre-tax money, up to the current IRS tax limit of $300 / month. On average we save customers 7.65% on payroll taxes, and employees can save over 30% on their commute cost. Not to mention the environment, employees that switch from driving to public transportation can reduce their carbon dioxide emissions by up to 20 pounds a day and 4,800 a year.
Commuter benefits include parking and transit benefits, as well as shared mobility options such as biking, bike sharing, e-scooter sharing, ridesharing services and corporate shuttles.