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© 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 High Gas Prices Sample comprised of 456 randomly selected HR professionals. Analyzing 456 of 2792.

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Presentation on theme: "© 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 High Gas Prices Sample comprised of 456 randomly selected HR professionals. Analyzing 456 of 2792."— Presentation transcript:

1 © 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 High Gas Prices Sample comprised of 456 randomly selected HR professionals. Analyzing 456 of 2792 emails sent, 2510 emails were received (response rate = 18%). Survey fielded August 30 – September 5, 2005; presentation generated on September 9, 2005. Margin of error is +/- 4.0%

2 © 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 What, if anything is your organization doing or planning to do to help employees deal with high gas prices? (Check all that apply)

3 © 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 What, if anything is your organization doing or planning to do to help employees deal with high gas prices? (Check all that apply) ChoiceCountPercent of Sample At this time, my organization has no plans to assist employees 36780.8% Offering monetary incentive to employees to buy hybrid cars 00.0% Offering public transportation discounts265.7% Offering telecommuting184.0% Organizing carpools214.6% Raising mileage reimbursement to IRS cap275.9% Other (please specify)388.4%

4 © 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 Other Work at home We provide a stipend to employees who either walk to work or take public transportation. They receive $75.00 per month if they drive to work 1-4 times per month and $50.00 if they drive to work 4-8 times per month. We are exploring various options at this time. We are currently researching what, if anything should be done. We already use the IRS guidelines for mileage reimbursement. We already offer the IRS cap We already have van pools but no other arrangements are being made. Unsure, but we are discussing options. Transit Check Program Sales force company car orders steered toward Ford Escape Hybrid Raising transportation allowance Raised mileage reimbursement to $.325 Provide sandwich materials for employees so they do not have to drive out at lunch time. Proposal to increase reimbursement to.40 per mile Pre tax transit deductions Pre tax deductions up to$100/public transport reimbursement Partnering with the city on van and carpooling Participate with Bethesda Transit offering info on alternative commuting Our company has developed a wonderful partnership with the surrounding counties to participate in a subsidized van pool system for the 3K employees at our corporate office. I'm not aware of anything we are doing for our 100K employees in operations.

5 © 2005 SHRM SHRM Weekly Online Survey: August 30, 2005 Other cont’d NJ commuter cash program N/A employees are virtual Most of our production programs have changes employee work schedules to a 4/10's so employees drive to work 1 less day a week. Mileage reimbursement is already at the IRS cap. Mileage goes up as per federal guidelines Maintain IRS mileage rate Investigating the carpools and public transportation discounts. Increasing monthly car allowance Increasing gas allowances for employees who drive as part of their essential job duties. Increasing availability of company cars Increase the mileage reimbursement rate I am not in the workforce at this time. Encouraging use of Flex Car, a free benefit to all employees. Encouraging carpools County Mandated Trip Reduction Program Also using 3rd party to administer personal use of vehicle program which has a monthly flexing based on average price of gas. Already reimburse people not on vehicle allowance at the max. IRS rate - but note, this has fallen way behind due to gas prices. All employees receive free public transit use cards. We allow telecommuting, public transport discounts, and we will also be offering a bonus to offset the high gas costs


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