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Employer-Paid parking: A Nationwide Survey of Employers' Parking Subsidy Policies
Abstract
Ninety-five percent of automobile commuters in the United States park free at work. To deal with the traffic congestion and air pollution caused by parking subsidies, California law now requires many employers to offer employees the option to cash out their parking subsidies. Similar Federal legislation has been proposed. This nationwide survey found that employers in the United States off employees 84.8 million free parking spaces. Employers own 65.3 million of these free parking spaces, and rent the other 19.5 million. Employers of fewer than twenty employees provide more than half of all employer-paid parking spaces.
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