Tag: FAVR

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image of company parking lot evoking scalable vehicle program
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Mobile Workforce Vehicle Reimbursement

Adapting to Economic Change: What Does a Scalable Vehicle Program Look Like?

Ben Reiland on March 7, 2024

It’s hard to deny that we’re living in uncertain times, especially when it comes to the economy. That’s why adaptability is so crucial for businesses to survive. Flexibility is key…

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image of business person behind wheel evoking FAVR program requirements
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Mobile Workforce Vehicle Reimbursement

FAVR Program Requirements: Is My Company a Good Fit?

Ben Reiland on February 15, 2024

When it comes to vehicle programs, we’re big fans of the Fixed and Variable Rate (FAVR) program. We often highlight FAVR to show its many advantages in terms of cost…

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company vehicle fuel policy
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Mobile Workforce Vehicle Reimbursement

Company Vehicle Fuel Policy: How Is Your Business Managing Fuel Spend? 

Ben Reiland on February 13, 2024

Company-provided vehicles require considerable management and capital. In recent posts we’ve covered the expenses of fleet vehicle maintenance, fleet accident management and when to replace fleet vehicles. We even did a post on…

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image of vehicles driving on interstate evoking FAVR Flexibility
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Mobile Workforce Vehicle Reimbursement

FAVR Flexibility: The Importance of a Scalable Program

Ben Reiland on February 6, 2024

If you’ve ever driven through farmlands, you’ve likely seen they’re often lined by a row of trees on several sides. Ever wonder what that was about? Those are field windbreaks,…

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man in driver's seat of vehicle evoking FAVR vs mileage reimbursement
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Mobile Workforce Vehicle Reimbursement

FAVR vs Mileage Reimbursement: What’s the Difference?

Ben Reiland on January 16, 2024

If you’ve never heard of fixed and variable rate (FAVR) reimbursement, or you’re not entirely sure what it is, you’re not alone. While FAVR has been around for awhile, it…

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image of a mountain road during sunrise evoking 2023 IRS standard mileage rate
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Mobile Workforce Vehicle Reimbursement

Recently Announced: The 2024 IRS Standard Mileage Rate

Ben Reiland on January 4, 2024

The 2024 IRS Standard Mileage Rate is $0.67 On December 14th, 2023, the IRS announced the 2024 IRS standard mileage rate as 67 cents. The rate changed from the 2023…

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Company Culture Mobile Workforce Vehicle Reimbursement

The Importance of Employee Benefits: Going Beyond Traditional Compensation Packages 

Jessica Chronchio on November 2, 2023

Employers searching for top talent are realizing the importance of employee benefits. Most businesses know the importance of health insurance and wellness programs, 401k matches and paid time off. But…

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fleet to favr
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Industry Trends Mobile Workforce Vehicle Reimbursement

5 Reasons to Transition From Fleet to FAVR Reimbursements   

Fernanda Tafoya on October 17, 2023

Managing fleet vehicles continues to pose challenges to companies. With the current state of the economy and lingering auto manufacturing issues, used cars continue to be valued at high prices. Company…

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FAVR Reimbursement plan
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Mobile Workforce Vehicle Reimbursement

What is a FAVR Vehicle Reimbursement Plan?

Alexis Reed on August 29, 2023

If you’ve looked into vehicle programs and ways to reimburse employees for mileage, you’ve likely come across the most popular options: company-provided vehicle programs, car allowance programs, mileage reimbursement programs…

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