Rideshare Company February 2023 | Page 9

Money challenges . Mental health struggles . Climate and environmental concerns . Could employee ridesharing be an answer to some of society ’ s most pervasive issues ? Evidence shows that it might help lighten the burden . Unlike ride hailing apps like Uber and Lyft , ridesharing services are essentially carpools that bring together commuters to save time , money and energy consumption .

As prices continue to rise and people look to cut costs , the financial benefits of ridesharing are more substantial than ever . According to AAA , the national average gas price is $ 3.285 per gallon as of January 13 . If you add to that the cost of vehicle wear and tear plus parking , tolls and insurance , your employees could be paying a hefty price tag just to get to and from work each day . In fact , with The Rideshare Company ’ s Commuter Savings Calculator , each of your employees can break down their daily , monthly and annual commute costs . their employees to receive pre-tax deductions for vanpool or public transit costs . How much could your employees save with this program ? Rideshare ’ s Commuter Tax Benefit Calculator can help you figure that out .

Ridesharing also has positive environmental impacts . Each year , the average passenger car consumes 550 gallons of gas and emits 10,000 pounds of carbon dioxide ( CO2 ). For SUVs , the numbers are even higher . One SUV consumes an average of 915 gallons of gas and releases 16,800 pounds of CO2 emissions annually . Over the years , The Rideshare Company has helped clients save a whopping 27 million gallons of gas and reduce emissions by 287,000 tons .

Check out our helpful calculators below .

COMMUTER SAVINGS CALCULATOR

COMMUTER TAX BENEFIT CALCULATOR

One major financial benefit for carpoolers is eligibility for reduced toll rates and subsidized toll passes like E-Z Pass . Some employers even offer commuter pre-tax benefits , which allow

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