Mileage Reimbursement

  • Expense management is one of the top line items costing companies and impacting their bottom line. The cost of one-size-fits-all approaches to expense management are significant to the extent that they’re no longer proving ROI to businesses. In fact, they’re pushing business leaders to find new solutions that lower costs and create efficiencies in the…

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  • Today’s workforce is growing at a rapid pace, as more and more employees are driving for work. According to a forecast from IDC, mobile workers will account for 72.3% of the entire U.S. workforce by 2020. The majority of these workers will use their own personal vehicles for business purposes and will need to be…

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  • Reimbursing your mobile workforce correctly is of utmost importance. If done incorrectly, your company can expose itself to risk of a potential class-action lawsuit (which in some cases has cost businesses upwards of seven figures). Reimbursing mobile employees who drive 5,000 or more miles per year can be a complex and often stressful process. When…

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  • Exaggerating the number of miles someone has driven for work is a form of employee theft. Although sometimes disregarded, employee mileage fraud poses a serious threat to businesses operating with mobile workforces. In cases of mileage fraud, employees are reimbursed by their employers for more mileage than what was required for them to perform their…

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  • The standard mileage rate for 2017 was recently announced by the IRS, advising taxpayers of the optional cents per mile reimbursement rate for the year. It’s important for businesses with mobile employees to be aware of this announcement. The 2017 standard mileage rate provides a benchmark for mobile workers to calculate their reimbursement for their…

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  • Reimbursement for mobile employees can be tricky and ambiguous for companies across the country. While an employee desires being reimbursed for his or her actual expenses, an employer just as equally desires increased transparency into the reimbursements it is distributing. California Labor Code Section 2802 California is a state that has seen this disconnect come…

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  • As you may have seen, there was recently a major gas leak which forced the closure of a crucial pipeline that brings gasoline to the Eastern United States. As CNN reports: “…a section of the Colonial Pipeline, which runs from Houston to New York, has been closed since Sept. 9 after a spill of roughly…

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  • Automation is dramatically impacting businesses of all types – from cybersecurity, to healthcare, to agriculture. As technology shifts many of the tasks workers perform daily from manual processes to automated processes, businesses are able to become more efficient and better at helping employees to reach their full potential.

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  • Flat car allowance models, in which single, company-wide rates are used to reimburse all employees for any business travel, have historically been a popular method of mileage reimbursement. Unfortunately, though, this model just isn’t flexible enough to reimburse all employees fairly. For example, giving each employee $300 a month to cover all business travel expenses might initially seem like the easiest approach; but by not calculating individualized, location-specific reimbursements, companies usually end up either underpaying or overpaying workers.

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  • Every business trip is different, yet many employers reimburse their workers using one static rate. This ignores costs like fuel, which changes with every trip depending on the length of that trip and where in the country workers are traveling. Keep in mind, however, the hidden costs of one-size-fits-all reimbursement programs go far beyond just…

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