ASA Announces Tool Reimbursement Benefit Program

source: ASA press release

BEDFORD, TEXAS, Aug. 5, 2004 - The Automotive Service Association (ASA) has announced a new member benefit to provide members with special discounts on a tool reimbursement program. If employees own and use their own tools and equipment, the benefits of this plan can be significant for both employers and employees.

Through an agreement with Solutions Now!, ASA members are eligible for a special discount when they offer their employees an expense reimbursement plan. The program is designed to reduce employer payroll expenses while increasing employee take-home pay and benefits.

"The tool reimbursement program is applicable to any of our members whose employees provide their own tools or equipment," said John Scully, AAM, ASA executive vice president. "We hope that by offering this benefit to our members, we can assist them in their efforts to attract highly trained technicians, increase employee retention and simplify their expense reimbursement program."

"Solutions is excited about joining forces with the Automotive Service Association," said Todd M. Chambers, Solutions Now! national sales manager. "We have established successful relationships with many ASA members and we are very impressed by the outstanding people throughout the association. We look forward to assisting many more ASA members improve the 'bottom line' for themselves and their employees by providing reimbursement solutions."

The program enables participating employees to receive a separate tool reimbursement check exempt from payroll taxes, in addition to an hourly wage check. The sum of these two checks is consistently greater than an employee's previous single paycheck.

Additional information regarding this ASA member benefit or others may be obtained by calling the association at (800) 272-7467, ext. 295.

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