A company vehicle is an important and treasured asset. Fleet managers need to use their professional judgment to determine who gets cars and who doesn’t.
Providing company vehicles is helping this cleaning company grow its business, retain workers and market itself as an environmentally friendly brand.
The new rates go into effect Jan. 1, 2013.
WASHINGTON - The new IRS mileage reimbursement rate reflects an increase of 1 cent, up from 55.5 cents per mile in 2011 and 2012.
Hyundai and Kia said procedural errors at the automakers’ joint testing operations in Korea led to incorrect fuel economy ratings.
Historically, IBM was the largest company offering a corporate reimbursement program. In its heyday, IBM had more than 25,000 drivers on reimbursement. However, since then, there have emerged major company-provided fleets operated by hi-tech companies, such as Hewlett-Packard, Apple, Intel, etc.. Despite this trend, certain high-tech companies continue to be more receptive to driver reimbursement programs than company-provided vehicles. Why is this so?
STERLING, VA - On average, over-reporting of mileage ran at 24 percent throughout the study period.
Do you really know who is driving your company-provided vehicles? Often the "at-work" persona of an employee is not the true indicator of their behavior when no one is watching. Recently, someone forwarded me a link to a chat room for pharmaceutical reps. I did a search of posts that included the phrase "company car" and, in short order, I was shocked at some of the comments written about their use of company cars and how drivers play "the system" to their advantage.
Reimbursement has re-emerged as a fleet issue. One reason is that Runzheimer has a rival, which means two competitive sales forces are aggressively selling vehicle reimbursement programs. Also, the recession, corporate downsizing, funding/credit constraints, OEM viability, and economic uncertainty have renewed senior management's desire to re-examine reimbursement.
Two home healthcare providers implement ways to control fleet costs using their managed fleet programs, which would not have been possible under a reimbursement plan.
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