Gas Prices Spark Changes in Workplace


 

 

 

 

 

  

BUSINESS TRENDS

Many employers are helping workers cope with the record rise in gas prices with a mix of solutions, including cash and flexible work options, according to a survey by the Society for Human Resource Management. Some employers are offering direct financial aid, such as cost-of-living adjustments (2%), gas cards as rewards for employee performance (14%) and increases in mileage reimbursements to the IRS maximum (42%).

Others are choosing solutions that allow workers to burn less gas, like flexible work schedules (26%), telecommuting (18%) and public transportation discounts (18%). Some employers (12%) assist workers in organizing carpools and 7% give carpoolers priority parking.

The study also says more employers are considering compressed workweeks.

Source: Society for Human Resource Management, What Employers Are Doing to Help Their Employees with High Gas Prices in 2008, ww.shrm.org/press_published/CMS_025620.asp#P-4_0 .

SPONSORED REPORT

Keeping client information safe in an age of scams and security threats

A look at the Dirty Dozen tax scams and ways to protect taxpayer information.

TAX PRACTICE CORNER

More R&D tax help

"Can I use the R&D credit?" PATH Act enhancements make the credit more attractive to a wider range of taxpayers.

QUIZ

News quiz: Tax-related data breach explained

News about a data breach that affected about 100,000 people, the IRS’s budget for the fiscal year, and the 2018 health spending account limits received attention recently. See how much you know with this short quiz.