Everlance

Monthly car allowances are simple to administer, but about 30% of the money never even makes it into your employee’s pockets. Download our guide to see all the ways they’re costing more than you think, and alternatives to reimburse your employees tax-free.

What will happen to vehicle prices? No one knows. What we do know is that company car programs carry greater risks than ever - with higher insurance premiums, increasing rates of traffic accidents and growing legal and administrative burdens. Here’s why — and what you can do about it.

📣 We're excited to finally announce our next generation platform for managing vehicle reimbursements. EverPay allows employees to get paid instantly (4 seconds vs. the standard 4-business-day wait) and comes with a suite of new functionality and automations that makes managing vehicle reimbursement faster than ever. Set to roll out in 2025, current and prospective customers will be the first to access. Head to https://lnkd.in/gqAm8B4N to sign up or learn more.

If this isn’t something you’d say, check out our guide on the true cost of car allowances.

Want to put more money in employees’ pockets **without** spending more? Switching from car allowances to a FAVR (Fixed and Variable Rate) reimbursement program enables you to do just that. To show you how it works, we’ll give you $50 after you meet with us. You can give it all to an employee, split it or keep it yourself.

Want to put more money in employees’ pockets **without** spending more? Switching from car allowances to a FAVR (Fixed and Variable Rate) reimbursement program enables you to do just that. Schedule a free assessment to see how much you and your drivers could get back.