Optimizing Vehicle Reimbursement with Lindsay Clayborne, Cardata
Implementing a smart and fair vehicle reimbursement program needs careful consideration of numerous factors, including tax implications, employee fairness, and administrative efficiency. By understanding the challenges and leveraging reliable technology solutions, companies can create a more cost-effective and compliant vehicle reimbursement program.
In this HRchat episode, we consider some best practices for running an efficient vehicle reimbursement program at work and why it helps keep employees happy and engaged.
For HR leaders, a key motivator is ensuring that the vehicle programs are fair and equitable. This includes providing reimbursements that are competitive within industry standards and sufficiently cover the expenses incurred by employees on the road.
Bill's guest is Lindsay Clayborne, Director of People and Culture at Cardata, a fully-managed vehicle reimbursement solution for businesses whose employees use their personal cars for work.
Questions for Lindsay include:
- What is the type of company culture you strive to build and maintain at Cardata?
- What are some of the HR challenges when it comes to leading and supporting the often very distributed teams at Cardata?
- Problems with many current vehicle programs include significant and unnecessary tax waste, misunderstood program rules, lack of alignment with employee needs, and IRS audit risks. Can you tell us more?
- Can we dive into how a vehicle reimbursement partner can help set up a successful and fair reimbursement program? How can a partner like Cardata bring best practices to an organization that’s launching a new program?
We do our best to ensure editorial objectivity. The views and ideas shared by our guests and sponsors are entirely independent of The HR Gazette, HRchat Podcast and Iceni Media Inc.
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