ALC - edenred

Edenred Commuter Benefits™, a leading provider of commuter benefits, announces the acquisition of the RideECO Commuter Benefit Program from the Delaware Valley Regional...

Update May 26, 2023:
We would like to inform you of a recent decision made by Lyft and Uber, which is beyond our control. In April 2023, Lyft announced the discontinuation of their shared rides program called Lyft Shared. Additionally, Uber’s shared rides program, UberX Shared, currently does not support tax-free commuter benefits.

It’s no secret ride-hailing is popular to get around now. More than a third of Americans have used ride-hailing services like Uber. And more than 20 percent say they use a ridesharing  service every month. Since it’s growing at a fast rate, people often ask,  “Does Uber qualify for commuter benefits?

Heavy commuting can lead to more social isolation, less exercise and unhealthy eating habits. It’s a lifestyle that can have a severe impact on a commuter, and therefore, less productivity at work.
If your employees have long commutes, there’s a good chance some of them will quit. No one likes commuting, and as much as people like work, it’s becoming a significant problem in this country for people to get there without stress.
LinkedIn reports that 85 percent of people would take a pay cut to shorten their commutes.
Staffing firm Robert Half found almost 25 percent of workers quit a job because they don’t like the commute. The rates were highest in New York City, San Francisco, Miami and Chicago, all cities with some of the highest commuting time in the country. The survey also found that 60 percent don’t feel their employers are doing something to help them with commutes.
Those feelings also create a divide between having happy and productive employees and those who are just miserable about how long it takes them to get to work every day.
>> Is Commuting the Next Health Care? Read more <<
For example, a Harvard social scientist found that for every 10 minutes someone commutes, it leads to 10 percent less social interactions during the day. That type of commuter will realistically be less likely to be an engaged employee in your workplace.
So what can your company do to help your workers bad commute? Here are 3 ideas on what some companies are doing to improve the commute for their employees.

Wouldn’t it be nice to get a discount on your commute every day?

You can with commuter benefits. There’s a discount of up to 40 percent waiting for you if your company enrolls in a commuter benefits program.

It’s hard to believe a discount like that is available, so let’s look at some of the fine print so you can understand how both you and your employer can save money with commuter benefits.

Are you a business owner concerned about taxes and hiring? If so, you are not alone. The July 2018 NFIB quarterly survey of business owners revealed taxes and labor quality are the two biggest issues US firms are facing.

Have you ever wanted to save the environment? Depending on your situation, there’s several ways your commute could have a positive impact. Transportation creates an incredibly large carbon footprint. But small actions by large groups of people can produce big results.