Car Allowance Policy Template

This car allowance policy template has 2 pages and is a MS Word file type listed under our human resources documents.

Sample of our car allowance policy template:

CAR ALLOWANCE POLICY PURPOSE The purpose of this Car Allowance Policy is to outline the guidelines and procedures for providing car allowances to employees of [COMPANY NAME]. This Policy aims to ensure fair and consistent treatment of employees who are eligible for car allowances while maintaining the company's fiscal responsibility. SCOPE This Policy applies to all full-time employees of [COMPANY NAME] who meet the eligibility criteria outlined in Section 3. It is intended to cover the provision of car allowances for employees who use their personal vehicles for company-related purposes. ELIGIBILITY Employees eligible for a car allowance must meet the following criteria: Full-time employment status. Regular job duties that require the use of a personal vehicle for company-related activities. Maintaining a valid driver's license and appropriate insurance coverage. Compliance with all company policies and guidelines related to vehicle usage. CAR ALLOWANCE AMOUNT The car allowance amount will be determined based on the employee's job responsibilities and the frequency of business-related travel that requires the use of their personal vehicle. The specific amount and frequency of payment will be communicated to eligible employees by the Human Resources Department or relevant management. CAR ALLOWANCE DISBURSEMENT