Discounting transit passes.

Author(s)
Nuworsoo, C.
Year
Abstract

Although there may seem to be little benefit of funding a deep-discount-type universal coverage public transportation plan, companies often engage in just such plans in order to accomplish a number of variables. This article outlines three case studies of organizations that have engaged with local public transportation providers, which surprisingly allow for higher revenue for the transportation providers while giving organizations the benefits they desire. Such benefits include not only better prices for participants within the organization itself, but also significant tax breaks which lower the face cost of the plans. Additional benefits are seen in the significant increase in the number of parking spaces that the company has available for use by automobiles. Although participants in such group-pass programs subsidize public transportation twice through these measures, once through standard tax subsidies and twice through the organizational cost, this article still sees it as beneficial to all parties involved.

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Publication

Library number
I E845963 /72 / ITRD E845963
Source

Access. Spring 2005. (26) pp22-27

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