Fixed and variable rate (FAVR) reimbursement is widely considered a “best of breed” program that blends the fixed costs of operating a vehicle with geographically specific variable expenses (such as fuel) to produce highly accurate reimbursements.
In this infographic, you will learn:
What makes up a FAVR program
Why it’s a benefit to your employees
How FAVR decreases company exposure to risk and liability
And how it can save your company money
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The True Cost of a Car Allowance Program
This infographic illustrates the true cost of car allowances.