How to set up a cell phone reimbursement policy

Описание: When providing an employee expense reimbursement program, many organizations tend to reimburse employees for work-related expenses like laptops, software fees, and home internet bills. But don’t think you have to stop there.

Many employees around the world are using their personal cell phones for business purposes. If that’s the case with your employees, consider setting up a cell phone reimbursement policy that outlines your procedures.

In this video, we'll explain how you can offer cell phone reimbursements to your employees and the best practices for your reimbursement policy.

Read our article on setting up a cell phone reimbursement policy: https://www.peoplekeep.com/blog/how-t...

Learn more about offering employee stipends: https://www.peoplekeep.com/employee-s...

CHAPTERS:
0:00 - Introduction
0:32 - Why should employees receive cell phone allowances?
1:18 - What is a cell phone stipend?
2:10 - How to create a "bring your own device" policy
2:47 - Is cell phone reimbursement taxable by the IRS?
3:14 - Conclusion

Providing monthly payments for work-related personal cell phone use is a perk that can go a long way toward reducing turnover at your organization.

According to our 2022 Employee Benefits Survey Report, 47% of remote workers value internet or phone reimbursement.

Also, some states require it. Currently, 11 states, the District of Columbia, and the city of Seattle require employers to reimburse their employees for necessary work-related expenses. States like California and Illinois specifically require reimbursement for employee cell phone expenses.

One of the most common ways to cover the cost of your employees’ work-related cell phone use is with a cell phone stipend. It’s a sum of money employers reimburse their employees to pay for their personal cell phone plans. Sometimes employers provide a lump sum or an annual allowance. But most choose to go with a monthly allowance for phone bills.

PeopleKeep is the leader in personalized employee benefits administration software. We make it easy to create and manage your employee benefits and perks, such as HRAs and stipends, in minutes.

Since starting in 2006 as Zane Benefits, we've helped thousands of organizations offer affordable benefits to their employees.

#employeebenefits #employeestipends #cellphonereimbursement