Pass the 'Buck!
...The "CommuterBuck" that is!
Employers are looking for ways to motivate their employees to change their commuting habits. Many employers have chosen to "Pass the 'Buck!"
Since 1984, CommuterBucks voucher coupons have given employers an easy way to encourage their employees to vanpool.
But, more recently, a provision of the Comprehensive National Energy Policy Act of 1992 enabled employers to offer a tax-free fringe benefit to employees who vanpool to work. Under federal tax law, the first $115 provided to an employee each month for vanpooling purposes is not considered taxable income.
How do CommuterBucks work?
CommuterBucks may be ordered in any denomination. All you do is purchase the quantity you want and distribute them to your employees. Employees redeem CommuterBucks by applying the face value toward their monthly vanpool service charges. It’s that simple!
CommuterBucks can be provided to your employees as rewards, incentives, or on any basis consistent with your employment policies and practices. CommuterBucks cannot be exchanged for cash and are only good on VPSI Commuter Vanpools.
Vanpooling with VPSI Commuter Vanpools
VPSI started helping commuters make the switch to vanpooling in 1977. Today, VPSI is the world’s largest and most experienced provider of commuter vanpool services. VPSI provides a complete vanpool service program including vehicles, financing, maintenance, insurance, marketing and fleet management.
Let VPSI develop and implement a promotional effort to inform your employees about the benefits of vanpooling. We'd be happy to introduce VPSI Commuter Vanpools and CommuterBucks to your employees.
Call your local VPSI Customer Service Center at 1-800-VAN-RIDE.