With all the talk about environmental concerns, why isnt there a provision for reimbursing monthly bus passes for executives who opt not to drive to work?
A. We are aware of the concerns regarding the parking benefit and related environmental issues. In our recent review of the terms and conditions of employment for executives, the parking element was reconsidered and it was felt that the original reasons for introducing the 50% reimbursement for parking monthly rates are still valid. The intent of the benefit was never to subsidize transportation, but rather to assist executives who work long hours and have to drive to work because after-hour public transportation is either unavailable, unsafe or extremely time-consuming.
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