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