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Savings Table
Savings Table
Employer Savings Breakdown
Category
Benefit
One liner
Description
Potential Savings
A low
A high
B low
B high
C low
C high
D low
D high
E low
E high
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1
Employer Savings
Lowered Payroll Taxes
Automatic FICA savings on pretax commuter benefits
Automatically saves 7.65% in FICA on each dollar elected through pretax commuter benefits
$125,000 - $250,000
$125,000
$250,000
$500,000
$1,000,000
$1,250,000
$2,500,000
$2,500,000
$5,000,000
$5,000,000
$10,000,000
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2
Employer Savings
Proactive Compliance
Reduced cost of fines & penalties
Reduced cost of fines & penalties from non-compliance with local/federal commuter benefits law
$50,000 - $3,950,000
$50,000
$3,950,000
$200,000
$15,800,000
$500,000
$39,500,000
$1,000,000
$79,000,000
$2,000,000
$158,000,000
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3
Employer Savings
Automatic Accounting
Reduced T&E expense management costs
Reduced expense management overhead saving time spent by Accounting, Finance, HR, & AP on expense reports + reconciliation
$126,000 - $190,500
$126,000
$190,500
$504,000
$762,000
$1,260,000
$1,905,000
$2,520,000
$3,810,000
$5,040,000
$7,620,000
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4
Employer Savings
Attract & Retain Talent
Reduced commute-based attrition and save rehire costs
$1,425,000 - $4,750,000
$1,425,000
$4,750,000
$5,700,000
$19,000,000
$14,250,000
$47,500,000
$28,500,000
$95,000,000
$57,000,000
$190,000,000
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5
Employer Savings
Employee Productivity
Healthier, happier employees
-
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6
Employer Savings
Plug-and-play Setup + Automated Commute Analysis
Reduced costs of hiring transportation consultants, high implementation fees, & conducting a commute analysis
$15,000 - $50,000
$15,000
$50,000
$21,500
$100,000
$28,000
$120,000
$35,000
$150,000
$70,000
$200,000
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7
Employer Savings
Centralized Dashboard, Reporting, & Concierge
Reduced management overhead
Reduced cost of management overhead, operations headcount, & time spent managing commuter programs
$25,500 - $42,500
$25,500
$42,500
$72,500
$115,000
$158,000
$205,000
$277,500
$350,000
$337,500
$410,000
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8
Employee Savings
Automated Pretax Savings
Automatically maximizes pretax spending and commuter benefit contributions
$350,000 - $777,500
$350,000
$777,500
$1,400,000
$3,110,000
$3,500,000
$7,775,000
$7,000,000
$15,550,000
$14,000,000
$31,100,000
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9
Employee Savings
Corporate Mobility Discounts
Commute spend savings with Fleet’s partner discounts
$265,000 - $648,000
$265,000
$648,000
$1,060,000
$2,592,000
$2,650,000
$6,480,000
$5,300,000
$12,960,000
$10,600,000
$25,920,000
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10
Sustainability Savings
Automatic Carbon Footprint Tracking
Reduced time & cost of manually collecting employee commuting emission data, surveys, and reporting
$16,500 - $25,000
$16,500
$25,000
$66,000
$100,000
$165,000
$250,000
$330,000
$500,000
$660,000
$1,000,000
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11
Sustainability Savings
Carbon Offsets Discounts
Reduced cost of carbon offsets by 1/2 or 1/3 of industry consumer prices via Fleet’s sustainability partner
$18,000 - $37,500
$18,000
$37,500
$72,000
$150,000
$180,000
$375,000
$360,000
$750,000
$720,000
$1,500,000
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Employee Savings Breakdown
Sustainability Savings Breakdown
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