Motus, the definitive leader in reimbursement solutions for businesses with mobile-enabled workforces, today announced the availability of its Remote Work Reimbursement product. The product provides insight into the costs associated with remote work, helping businesses make reimbursement decisions related to their remote employees’ business use of personal devices, internet and home office expenses.
Over decades, Motus has helped thousands of organizations calculate reimbursement for various aspects of mobile work. The company’s data is relied on to calculate over $4B of employee costs annually. Remote Work Reimbursement combines this data to provide an accurate picture of the new “work from home” reality of many businesses. The solution helps employers understand the cost components of remote work and enables them to make the best decisions for their employees. Reimbursements calculated leveraging this solution are customized to each employee’s location. These customizations reflect cost of living data and itemized bill components to deliver reimbursements that are fair, accurate and support an organization’s compliance with labor laws.
“With the expanding number of people and organizations now telecommuting, we felt we had something to offer businesses seeking guidance,” said Craig Powell, CEO of Motus. “This situation has made it clearer than ever that we’re all neighbors. I’m proud our team has taken that to heart and acted quickly to provide current and future customers with the tools they need to navigate this evolving landscape.”
To calculate individualized reimbursement amounts, Motus leverages its database of geographically-sensitive living costs for numerous factors and data points. These include several key remote work essentials: mobile devices, internet and home office costs. Hardware and carrier fees, taxes, insurance, mortgage or rent, utilities and maintenance are all cost components that make up a fair and accurate home office reimbursement.
“Following the rapid shift to remote work, employers may be asking themselves if they should be reimbursing employees for the business use of personal assets such as mobile devices, internet or home offices,” said Danielle Lackey, Chief Legal Officer at Motus. “The answer to this, in a number of instances, is yes. Especially if employees earn at-or-close-to the minimum wage, as the federal Fair Labor Standards Act requires that employees earn at least the minimum wage net of any necessary business expenses they incur to do their jobs.”
Motus is focused on helping business leaders understand their costs in order to make the decisions that empower their remote workers. From guidance on various labor laws to simplifying remote work expenses, they offer direction to employers navigating the changing landscape of work.
To learn more about Motus Remote Work Reimbursement, please visit: https://www.motus.com/remote-work-reimbursement/
Motus is the definitive leader in solutions for businesses with mobile-enabled workers and fleets of any size. The Motus technology platform simplifies both mileage and mobile device reimbursement with proprietary software that calculates personalized and compliant reimbursements for each employee, while improving employee productivity and reducing the overall costs of mobility. The company’s data, captured and analyzed across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on Twitter, Facebook, Instagram or LinkedIn.