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An professional vehicle allowance/reimbursement:
A car allowance or reimbursement's true costs extend beyond a monthly direct deposit amount to encompass tax waste, productivity loss, and attrition.
A robust car allowance or mileage reimbursement policy protects you from labor code violations, negligent entrustment lawsuits, and other risks.
If your car allowance or mileage reimbursement program doesn’t sufficiently cover your employees’ costs, they will look elsewhere for fairer compensation.