Hi all, as part of travel reimbursement policy, fo...
# compensation-and-benefitss
Swati Emani
06/02/2023, 2:57 PMHi all, as part of travel reimbursement policy, for vehicles on petrol/diesel the per km rate is defined. But any organisation here giving that for EV? If yes, how is the rate decided? Or is it some other methodology for that?
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Wristy
06/02/2023, 3:09 PMI have not seen a reimbursement policy that differs between petrol or diesel. It is new concept for me.
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Swati Emani
06/02/2023, 3:10 PMMy query is not between petrol and diesel…it is been fuel and electronic vehicles
Swati Emani
06/02/2023, 3:11 PM*between
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Wristy
06/02/2023, 3:22 PMNo difference for us.
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Swati Emani
06/02/2023, 3:34 PMOk
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Ashish Vyas
06/02/2023, 4:13 PMIn our organization there is a difference based on Fuel and the Level / Band of the Employee.
The way to arrive at the Per KM cost is
Cost of Ownership - Buying the Vehicle / 5 Years
Cost of Maintenance. - Average Expns in Year / 365
Operating Cost - i.e. Per KM Running Cost
All added together to arrive upon a Per KM rate.
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Ashish Vyas
06/02/2023, 4:13 PMTrust this helps
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Isha Goyal
06/13/2023, 10:15 AM@Ashish Vyas could you please explain al the components as well in the above formula-