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EDUCATION & INNOVATION VIDEO SERIES

Attract and Retain Teams While Reducing Risks for Your Company

Pairing technology with the right vehicle program can provide great benefits for your company's HR and Finance decision makers and your employees who drive for business or manage your vehicle program

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Did you know that those in the workforce under 40 (Gen Z and Millennials) spend 32% of their time working on their smartphone or tablet devices?

Providing employees freedom of choice in the tools they use on their day-to-day to get the job done is vital to their satisfaction and engagement.


Source: Gartner’s 2021 Digital Workplace Experience Survey 1

 

 

Providing a car allowance to your employees can put your company at risk of non compliance  labor codes because this program fails to account for the actual number of business miles driven by an employee.

You may not be paying your employees enough for the mileage of their business trips, let alone depreciation and other costs. This could result in class action lawsuits and large settlements.

One-size-fits-all programs such as a flat stipend or company-provided vehicles are many times offered as company perks, but are they really fair to your employees? 

A fixed car allowance makes large assumptions that the cost to own and operate a vehicle is the same everywhere in the country and that every trip is the same distance; while giving every mobile worker the same car does not take into account comfort or even personal preference. 

The best way to ensure employees receive fair and accurate reimbursements is providing payments that match the costs of vehicle ownership in their specific location, which can be done with a FAVR program, the only IRS-recommended methodology. 

This methodology takes into account the two types of vehicle ownership costs: fixed and variable. Fixed costs include consistent prices, like registration and insurance. Variable costs include shifting prices like fuel and vehicle maintenance.

 

Innovation in Action

The Motus Platform

The Motus Platform is simply the best reimbursement software in its class. Our products save you time, enable reinvestment into your business, and alleviate the burden of management for both administrators and drivers.

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Administrator Dashboard

The efficient interface allows administrators of the program to easily manage while making sure the reimbursements are fair and accurate. We take the guess work out of program management.

End User Portal

The Motus Platform collects millions of data points to generate each individual location-based reimbursement.
 
This solution boosts workforce productivity by reducing administrative tasks and enabling employees to focus on the job, whether on the road, on the phone or any location.

Real Life Success Story

Columbia Distributing

As the leading beverage distributer in the Pacific Northwest was looking for equity and compliance across their mobile workforce, their CFO sought a solution with Motus. Find out how transitioning a FAVR program helped them achieve success.

 

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