What are the benefits for employers to implement approaches under TravelWise?
• Retainage of current employees and recruitment of future employees • Reduced employee absenteeism • Increased employee productivity (scheduled arrivals/departures, effective telework reduces interruptions) • Employee health/morale (bike/walk activity, reduction in driving stress, flexibility) • Reduced employee turnover • Decreased parking needs/costs • Lower operational/infrastructure costs (for options such as telework, staggered or compressed hours) • Enhanced community relations/corporate social responsibility What incentives are available to my business for using TravelWise? Currently, there are Pre-Tax Transit Benefits. Any employer may pay up to $115 pre-tax dollars per month to pay for employees’ transit use or public vanpool. Beginning January 1, 2009, employers may also pay up to $20 pre-tax dollars per month to pay for reasonable bicycle commuting costs. By taking advantage of this program businesses can provide an incentive to their employees which can save any where from
