About Fareshare
Find out how employers can help staff with commuting costs and meet business goals at the same time.
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Fareshare allows employers to subsidise public transport for employees travelling for work on buses, trains and ferries.
Fareshare can also help with business and sustainability goals. It's a valuable employee benefit that does not cost fringe benefit tax (FBT).
How Fareshare works
The employer:
- chooses to subsidise by 25%, 50% or 75%
- sets weekdays-only or 7-days
- sends invitation to employees to sign up.
The employee:
- signs up with their work email address and their AT HOP Card
- uses their AT HOP Card as normal, and the discount is automatically applied to their fare.
The subsidy applies to bus, train and ferry (except Waiheke ferry). It cannot be used with any other concession or monthly pass.
The monthly invoice shows each employee’s total spend in that month.
When the employee leaves the organisation, the employer deregisters staff from Fareshare.
The benefits of Fareshare
It's cost-effective
- There are no admin costs from AT.
- It helps with the cost of living for employees commuting into the office.
- It’s exempt from Fringe Benefit Tax (FBT).
It's a valuable benefit to staff
- It makes employees feel good on a daily basis.
- It helps attract and retain employees.
It increases public transport use, reduces congestion and helps reach sustainability goals
- It helps reduce road congestion.
- It frees up customer parking in the area.
- It helps reach sustainability goals by bringing down Co2e emissions.
- It’s a proven method to increase public transport usage – creating an average increase of 32.6%. The higher the subsidy the higher the increase.
Case studies from businesses using Fareshare
How much might Fareshare cost your business
If you're a business considering Fareshare, contact us. We'll send you a cost calculator tool to help you calculate the cost. The calculation is based on:
- how many people take and will consider taking public transport
- how many zones zones they travel
- how many days per week they travel on public transport.
Average spend per employee
This is based on businesses already using Fareshare.
| Employer subsidy rate | Average cost per month per opted-in employee | Average cost per year per opted-in employee |
|---|---|---|
| 25% | $22 | $266 |
| 50% | $43 | $517 |
| 75% | $60 | $718 |