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SOURCE Runzheimer International
8th Annual Total Employee Mobility® Benchmarking Report shows companies that outsource their business vehicle programs spend less per business driver and have significantly greater program efficiency
WATERFORD, Wis., Oct. 9, 2013 /PRNewswire/ -- The 8th Annual Runzheimer International® Total Employee Mobility® (TEM®) Benchmarking Report shows that companies that outsource 50 percent or more of their business vehicle program management are spending less overall per driver, yet have significantly greater efficiency in program administration, as evidenced by the average number of drivers that can be served by a full-time employee.
The report also shows that companies with high revenue growth (greater than 10 percent) support nearly 40 percent more business drivers with one full-time employee than companies with little to no revenue growth, resulting in higher program efficiency. The results show that investment in business vehicle program administration is a key component of increased efficiency and cost control, and a common practice in growing companies. Companies that outsource their business vehicle programs can also support more business drivers with a single employee than their low growth and non-outsourcing counterparts.
Additional key findings indicated that companies with fleet programs spent 33 percent more per driver than companies using a vehicle reimbursement program and 81 percent of companies who implemented a personal vehicle reimbursement program reported an increase in productivity.
The 2012 Total Employee Mobility Benchmarking Report, in its eighth edition, is published by Runzheimer International, the global leader in workforce mobility programs. It covers key areas of employee mobility including Business Vehicles, Business Travel, Mobile Device Management, Domestic Relocation and International Assignments.
"Many companies may not know that there are alternatives to the way they currently administer vehicle policies and programs. The findings make a case for companies to consider outsourcing as a new approach for business vehicle program management," said President and CEO of Runzheimer International Greg Harper.
"Using benchmarks as a guide, our annual mobility report provides all companies the opportunity to measure their business vehicle investments and understand which approach may be right for them," he added.
The TEM Benchmarking Report provides valuable insights on employee mobility and how organizations manage a mobile workforce. Companies that participate in the survey receive a complimentary copy of the report. To review the complete benchmark findings for Business Vehicle programs, watch the webinar on-demand. To participate in the 9th annual survey, contact Runzheimer International.
About Runzheimer International
Founded in 1933, Runzheimer International serves 60 percent of the Fortune 500 and numerous government agencies. Recognized for providing innovative solutions relating to Total Employee Mobility, Runzheimer is the global leader in workforce mobility programs including business vehicles, business travel, routing and logistics, employee relocation and compensation, and mobile device expense management and follow @Runzheimer.
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