young man in tie in drivers seatThe most common types of vehicle programs include a flat carallowance program, a mileage reimbursement program, and Fixed andVariable Rate Reimbursement (FAVR) programs. (Photo:Shutterstock)

The modern workforce is becoming more mobile. From smallbusiness owners who support a few remote employees to sales managers who overseean entire mobile workforce, many employers around the world nowrely on employees who drive their personal vehicles to conductbusiness. Most organizations are unaware of all the vehicleprograms companies can use to reimburse their mobile workforce.Before making a decision on which program is right, companiesshould explore the benefits and drawbacks of every optionavailable.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.