4 ms·
But this is wrong. It's not an externality for the company. Companies often often go out of their way to reduce this cost. Things like: - Covering the cost
by socalnate1 9y ago
But this is wrong. It's not an externality for the company. Companies often often go out of their way to reduce this cost. Things like:
- Covering the cost of a FastPass
- Deciding where to locate a new office based on where employees live
- Offering a company shuttle from a train station
- "Google Bus" and other similar initiatives
- Offering a potential employee a higher salary because of their long commute time
These things happen all the time, and all bring a portion of the commute cost into the company.
- rwmj 9y agoDon't know about the US, but in the UK all those are taxable benefits, so they would reduce employees' take-home pay. BTW I've never heard of a company moving for its employees' benefit, unless by "employees" you mean "senior management & board members".
- kthejoker2 9y agoHere in Houston most of the major petchems have satellite offices in the suburbs (often multiple) to support their workers.