Fixed & Variable Rate (FAVR) Reimbursement Program
INDUSTRY KNOWLEDGE

How to Save on Employee Mileage Reimbursement: Fixed and Variable Rate (FAVR) Programs

In a competitive hiring market, it's crucial to provide your employees with fair and efficient reimbursement for driving their personal vehicle for work. FAVR, or Fixed and Variable Rate, is an IRS-compliant program that's designed to be the fairest method because it personalizes reimbursements to each employee.

Download the guide to learn about:

  • The advantages of FAVR reimbursement programs
  • How FAVR programs work
  • The differences between FAVR and other vehicle programs
  • Key considerations to decide if FAVR is right for your company