Employer Cost Sharing

 Historically, the most common way employers supported the travel expenses of employees was by offering free parking. In recent years, employer cost sharing options have increased dramatically. Federal policy recognized the inherent inequality in subsidized parking and offered tax benefits to employers and employees who used transit. Some employers, recognizing that difficult and costly commutes contributed to employee turnover, began to offer benefits such as ridesharing, parking cash out, guaranteed ride home and others. A common mechanism for offering employee commute options is for several businesses to form a Transportation Management Association (TMA), often with governmental partners, to professionally operate and manage a multi-faceted program of commute options.

Classes:

Employee Cost Sharing
Featured Class

Employee Cost Sharing

Describes ways that employers can share in the costs of employee transit.

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