10 Key Terms: Commuter Benefits Explained
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A full-service commuter benefits provider is able to meet the needs of employers of all sizes, from national brands to startups, and in major metropolitan markets as well as regional business districts. With this much coverage, the key is to provide a successful a commuter benefits program is to make sure that employees have an opportunity to save, and to save conveniently, no matter how they commute, because no two commutes are ever the same!
Finding benefit programs that are cost-effective yet attractive to employees is a challenge for companies of all sizes. For small to mid-sized companies choosing the best packages among the variety of off-the-shelf, one-size-fits-all and big brand name options can be daunting.
Since creating the very first Commuter Check commuter benefit voucher in 1990, Commuter Benefit Solutions has been leading the way in the development of new products to lower commuting costs for employees and customized administration platforms for employers of all sizes to manage a successful program. In the past five years alone, Commuter Benefit Solutions has helped employers using our platforms save over $75 million in tax savings and over $400 million in tax savings for participating employees.