Motus Releases 2021 Predictions on Remote Work, Vehicles, Drivers and Business Devices 

Experts Predict 40% of Employers will Offer the Option to Work Remote Full-Time; Rate of Vehicle Depreciation will Decrease by as Much as 3%  

BOSTON, Mass., December 16, 2020 – Motus, the definitive leader in solutions for businesses with mobile-enabled workforces, today released its new report, 2021 Predictions: Remote Work, Business Devices and More. The report leverages findings from Motus insights on the trends that impacted mobile workers over the past year to inform 2021 predictions. Those trends span topics including vehicles, driver safety, fuel costs, services delivered, devices and remote work. 

What happened in 2020 will likely continue to affect business for years to come,” said Ken Robinson, Market Research Analyst at Motus. “Identifying those widespread effects is the first step toward preparing for 2021. 

Motus 2021 predictions from this report include: 

Vehicles
  • The rate of depreciation of vehicles will decrease by as much as 3% over the course of 2021. 
  • U.S. commercial fleets will transition more than 150,000 vehicles to reimbursement programs. 
Driver Safety
  • Average vehicle insurance premiums will increase by up to 5% in 2021 to offset higher claims costs in 2020 due to more severe accidents than prior years. 
Fuel Costs
  • Fuel prices will remain low into the second half of 2021. Motus estimates the average national fuel price to increase 4% over 2020 levels.
Services Delivered
  • More than 200,000 business drivers will try vehicle-related services delivered to their location.
Devices
  • 1 in 5 U.S. companies will select a new managed mobility services (MMS) provider in 2021. 
  • 1 in 10 U.S. companies will add a bring your own device (BYOD) reimbursement option to their company provided device (CPD) program. 
Remote Work 
  • 3 out of 4 U.S. employers will adopt a part-time remote work policy and up to 40% of employers will offer employees the option to work remote full-time. 

The events of early 2020  forced organizations to find flexible approaches to mobility and work, leveraging tools to adapt effectively and build during a recovering economy,” added Robinson. “Opportunities  with mobile expense management, vehicle programs and remote work culture will help organizations continue to improve performance, provided they are aware of and prepared to act on these trends. Motus is here to help with expertise across the board.” 

To read the full report, please visit: https://resources.motus.com/reports/2021-predictions-report  

The Author

Motus

Motus is the definitive leader in solutions for businesses with mobile-enabled workforces. Motus simplifies reimbursement and management of mileage, mobile devices and remote work with proprietary software that calculates personalized reimbursements for each employee, while improving employee productivity, reducing overall mobility costs and supporting customers’ tax and labor law compliance programs. The company’s unmatched living cost data, refined over more than 80 years and updated in real time, has made Motus the leading provider of mobile workforce management solutions for top Fortune 500 companies. Motus automotive data, captured and analyzed across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on Twitter, Facebook, Instagram or LinkedIn.

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