Reimburse Employees with Individualized Rates

Adopting a FAVR vehicle program can help you mitigate risk and control cost, while also giving flexibility to your employees.

Why is the FAVR Vehicle Program right for you?

Employees are the backbone of your business. What’s best for them is what’s best for your company.

Unlike one-size-fits-all car allowance or cents-per-mile reimbursement programs, a FAVR program reimburses employees based on the actual costs of ​driving for work​.

A fixed and variable rate (FAVR) vehicle program supports your employees and your business in the following ways:

  • Decreases risk and liability
  • Reimburses employees fairly and accurately for the business use of their personal car
  • Reduces administration work and improves scalability
  • Ensures IRS compliance with tax-free reimbursements
  • Allows employees to choose the type of car they drive

Are you ready to help your business thrive with a modern vehicle program? Fill out the form and discover how FAVR can make a difference for your business today!

Get in Touch with an Advisor!

What Is a Fixed and Variable Rate Mileage Reimbursement Program?

 

Who is Motus?

Motus is the definitive expert in anywhere workforce solutions. Its platform and proprietary software simplify the reimbursement and management of vehicle, device, work and living costs through personalized calculations. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real time, Motus is the platform of choice for top Fortune 500 companies and organizations committed to workplace agility. Motus automotive data, captured and analyzed across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses.