1. Research Potential Employers
The first step to getting transportation bonuses is to research potential employers. Look for companies that are known to offer transportation benefits to their employees. These benefits may include pre-tax transportation plans, transit passes, bike-share programs, and more. Some companies may also offer a stipend for ride-sharing or carpooling. You can find this information on the company’s website or by asking a current employee about the benefits they receive.
2. Negotiate Your Compensation Package
When negotiating your compensation package with a potential employer, make sure to include transportation benefits as part of the discussion. Ask about the company’s transportation benefits and see if they are willing to offer any additional incentives to help offset your commuting costs. Be prepared to provide estimates of your daily commute costs to show the potential employer how much they could save you.
3. Take Advantage of Pre-Tax Transit Benefits
Many employers offer pre-tax transit benefits to their employees. This means that you can use pre-tax dollars to pay for your transportation costs. The amount of money you save depends on your tax bracket, but it can add up to hundreds of dollars in savings annually. Make sure to ask your employer about the pre-tax transportation plan, so you can take advantage of this benefit.
4. Utilize Bike-Share Programs
Bike-sharing programs are becoming increasingly popular in cities across the world. Many employers have partnerships with bike-share programs and offer discounts to their employees. This benefit can help you save money on transportation costs, stay fit, and reduce your carbon footprint. Check with your employer to see if they have a partnership with any bike-share programs in your city.
5. Take Advantage of Ride-Sharing Services
Ride-sharing services like Uber and Lyft are another way to save money on transportation costs. Some employers offer ride-share subsidies to their employees, which can help you save up to 20 percent on your daily ride-share costs. Check with your employer to see if they have this benefit.
Conclusion
Getting transportation bonuses can help you save significant amounts of money on your daily commute. By researching potential employers, negotiating your compensation package, taking advantage of pre-tax transit benefits, utilizing bike-share programs, and taking advantage of ride-sharing services, you can reduce your commuting expenses. Remember, transportation benefits can come in various forms, so it’s worth asking your employer what benefits they offer to their employees.