The mobility budget, what is it and how do you use it?

2021-04-27T10:06:28+00:00

The mobility budget applies to all employees that have a car company or that are eligible to have one.  What’s the mobility budget all about? It allows employees to transfer their “company car budget” into a flexible mobility budget for private mobility It’s optional: employers & employees can choose it if it works for them It gives employers the freedom to define which transport options are available, as long as they’re sustainable It can be spent by the employee (& family) on sustainable mobility It can be cost neutral for the employer The mobility budget is intended to wean Belgian employees off company cars. Benefits: Helping fight climate change Contributing to employee well-being Flexibility Fiscally attractive Save time and increase productivity The amount of the mobility budget is based on the Total Cost of Ownership (TCO) of the company car for the employer, the calculation can vary from employee to employee. Here are some examples of how the mobility budget is used: As a contribution towards an electric car For a bike, e-scooter or [...]