“Especially during challenging economic times, when so many businesses are struggling, the CTAA Transportation to Work Toolkit is a valuable resource to build an employee transportation program that is a win-win for all.” Ray LaHood, US DOT Secretary
Washington (PRWEB) April 27, 2011
With gas prices continuing to climb, some forward-thinking employers are giving a helping hand to their workers through promoting employee transportation programs. According to the Community Transportation Association of America (CTAA) online resource, "Transportation to Work: A Toolkit for the Business Community," transit and vanpools provide affordable commute options for employees, as well as tax benefits for employers.
A cost-effective way to help workers is through the Qualified Transportation Fringe Benefit. The tax benefit provides employers with an incentive for subsidizing transportation for their workers to ease commuting costs. Through December 2011, businesses that provide transit and vanpool subsidies can claim up to $230 per month per employee as a normal business expense, which is exempt from federal payroll taxes. Alternatively, employees who pay for their own transit and vanpool expenses can have up to $230 of those costs deducted pre-tax from their paychecks each month.
Noted Secretary of Transportation Ray LaHood, “Especially during challenging economic times, when so many businesses are struggling, the CTAA Transportation to Work Toolkit is a valuable resource to build an employee transportation program that is a win-win for all.”
The website is organized into four subject areas: Good for Business, Getting to Work, Going Green and Accessible Transportation, and provides information on topics such as tax incentives, shared ride programs, support for a diverse workforce, green transportation, and vanpool options.
“This practical set of materials can help businesses of all sizes support their workers’ commute,” said Carolyn Jeskey, CTAA Joblinks Director. “The Toolkit gives companies the knowledge and resources they need to build transportation programs that are easy to implement and inexpensive to maintain.”
Studies show that employers who provide transportation benefits for their workforce also gain valuable rewards for their companies by attracting and retaining workers, decreasing employee absenteeism and tardiness, being recognized as an environmentally and worker friendly company, and increasing customer access to goods and services.
“Transportation is a key factor in realizing positive employment outcomes, especially for members of the community with specialized mobility needs, such as people with disabilities, older workers, youth and low-income earners,” remarked Secretary of Labor Hilda L. Solis. “The CTAA Transportation to Work Toolkit provides simple and economical strategies to get our nation’s employees to work.”
The Toolkit website also houses profiles of employers that have successfully implemented employee transportation programs, such as REI, Nike, Apple, Chevron, Cornell University and Walgreens.
For more information on how businesses of all sizes can benefit from employee transportation programs, please visit the CTAA "Transportation to Work: A Toolkit for the Business Community" website at http://www.ctaa.org/transportation_to_work.
About CTAA and the Joblinks Employment Transportation Center
The Community Transportation Association of America (CTAA) is a national professional membership association of organizations and individuals committed to removing barriers to isolation and to improve mobility for all people. CTAA houses the Joblinks Employment Transportation Center, a resource supported by Federal Transit Administration and U.S. Department of Labor funds, that promotes effective employment transportation options across the country. For more information, please visit http://www.ctaa.org/joblinks.
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