Do you have 50 or more full-time employees? If so, you’re required to register for the Bay Area Commuter Benefits Program and offer a commuter benefits plan for your employees. Offering commuter benefits is good for your bottom line, and encourages your employees to take transit, vanpool, carpool, bicycle and walk rather than drive alone to work. The pre-tax dollars employees contribute to their transit benefit account aren’t subject to employer matching FICA and Medicare, which means employers can reduce their payroll taxes by as much as $18 per month for each employee. More employees taking transit means less demand for parking, and commuter benefits is a great way to offer a valuable new employee benefit at no net cost to you. Registering is easy. Just visit 511.org and click on Bay Area Commuter Benefits Program for more information and to register for the program. To request free assistance, click on the “Needs Assistance” section for more information on your local county contact, or call 511 and say “Commuter Benefits.”
Posted on: Tue, 23 Sep 2014 18:40:16 +0000