Not sure how much information is needed, but let’s say something comes up that requires substantial driving which the employee is willing to do with their personal car.

Beyond their wage what do you think is a reasonable approach to compensating them for the use of their car? Specifically due to depreciation, wear and tear.

If it makes a difference I’m interested in the theoretical approach rather than what I can get away with or something like that.

    • etoptech@alien.topBEnglish
      1·
      10 months ago

      Came here to say this. If you follow the irs rate then you are in a good place.

    • bj1231@alien.topBEnglish
      1·
      10 months ago

      Or a way to set in your policies.

      And you may also have a policy that does not pay anything for local trips that occur once in a blue moon

    • FlyWithStyle@alien.topBEnglish
      1·
      10 months ago

      yep, this is all you have to do. When you start getting into all the other variables it can get crazy in a hurry.

      One employee drives a $2k shit box and another one has a $90k BMW. The costs to operate each one can vary immensely.