Good morning everyone,
I need to fix the local conveyance rate for two and four-wheeler vehicles. Now that the petrol price has gone up, our marketing division members are insisting on us to revise the price, which was 2.50 and 5 rupees respectively. Our team consists of only 30 members, so could anyone please help me fix the price according to market standards in comparison to small-scale businesses? We are in the software development field.
From India, Bangalore
Acknowledge(0)
Amend(0)
1I need to fix the local conveyance rate for two and four-wheeler vehicles. Now that the petrol price has gone up, our marketing division members are insisting on us to revise the price, which was 2.50 and 5 rupees respectively. Our team consists of only 30 members, so could anyone please help me fix the price according to market standards in comparison to small-scale businesses? We are in the software development field.
From India, Bangalore
Acknowledge(0)Amend(0)
Dear, It is true that the petrol rate has already been hiked, so you must increase the rate upto Rs. 5/- to Rs.7/-. But , you must take discuss with your serniors for this matter also. Meenu
From India, Gurgaon
Acknowledge(0)Amend(0)
From India, Gurgaon
Acknowledge(0)Amend(0)
Dear all,
Thank you for your reply. I believe 2.50/km for two-wheelers is quite low. Is there any regulation to standardize the rate? Could we set rates at 3.5/km for two-wheelers and 5.5/km for four-wheelers?
Regards,
SM
From India, Bangalore
Acknowledge(0)Amend(0)
Thank you for your reply. I believe 2.50/km for two-wheelers is quite low. Is there any regulation to standardize the rate? Could we set rates at 3.5/km for two-wheelers and 5.5/km for four-wheelers?
Regards,
SM
From India, Bangalore
Acknowledge(0)Amend(0)
Dear SM,
Be practical. While fixing, please consider the value of petrol, maintenance of the vehicle (for a four-wheeler, the cost of the driver), and the wear and tear of tires. For a two-wheeler, our company pays Rs. 3 and Rs. 3.50 when the cost was Rs. 52/- per liter, and for a four-wheeler, it is Rs. 6.50/- per liter. Since the prices have gone up again (Rs. 62/- per liter), it would be fair if you fix it at Rs. 4/- per liter for the two-wheeler and Rs. 7.50 for the four-wheeler.
Hari
From India, Vadodara
Acknowledge(0)Amend(0)
Be practical. While fixing, please consider the value of petrol, maintenance of the vehicle (for a four-wheeler, the cost of the driver), and the wear and tear of tires. For a two-wheeler, our company pays Rs. 3 and Rs. 3.50 when the cost was Rs. 52/- per liter, and for a four-wheeler, it is Rs. 6.50/- per liter. Since the prices have gone up again (Rs. 62/- per liter), it would be fair if you fix it at Rs. 4/- per liter for the two-wheeler and Rs. 7.50 for the four-wheeler.
Hari
From India, Vadodara
Acknowledge(0)Amend(0)
Dear SM, Attaching herewith olicy of my company which will help you in drafting policy in your company. Regards, Harish
From India, Ludhiana
Acknowledge(0)Amend(0)
From India, Ludhiana
Acknowledge(0)Amend(0)
Dear Harish,
Thank you for your reply and attachment. But Rs. 4/km, don't you feel it's a high price? I do agree that we need to take into consideration the hike, but if we fix the high price, then market people will take advantage too much. I am not against the employee; we need to balance both sides - Management and Employee. If I am wrong, please correct me.
Regards,
SM
From India, Bangalore
Acknowledge(0)Amend(0)
Thank you for your reply and attachment. But Rs. 4/km, don't you feel it's a high price? I do agree that we need to take into consideration the hike, but if we fix the high price, then market people will take advantage too much. I am not against the employee; we need to balance both sides - Management and Employee. If I am wrong, please correct me.
Regards,
SM
From India, Bangalore
Acknowledge(0)Amend(0)
Dear Harish,
The best way is to fix the rate at Rs. 7 per kilometer for four-wheelers and Rs. 4 per kilometer for two-wheelers. If an employee uses public transport, then he/she must obtain approval from his/her senior regarding the amount claimed for conveyance on plain paper.
Thank you.
From India, New Delhi
Acknowledge(0)Amend(0)
The best way is to fix the rate at Rs. 7 per kilometer for four-wheelers and Rs. 4 per kilometer for two-wheelers. If an employee uses public transport, then he/she must obtain approval from his/her senior regarding the amount claimed for conveyance on plain paper.
Thank you.
From India, New Delhi
Acknowledge(0)Amend(0)
hi Sir this attachement is good for both Employee and Employer and also subscribe is good.
From India, Dehra Dun
Acknowledge(0)Amend(0)
From India, Dehra Dun
Acknowledge(0)Amend(0)
Nowadays, a motorcycle normally gives an average between 45 km to 55 km on a liter of petrol. Considering the maintenance and wear/tear of a motorcycle, you should typically set the per km rate at Rs. 2.50 for a two-wheeler and around Rs. 7.50 per km for a four-wheeler.
Regards,
Ajay Gupta
From India, Delhi
Acknowledge(0)Amend(0)
Regards,
Ajay Gupta
From India, Delhi
Acknowledge(0)Amend(0)
You may like to consider fixing a certain quantity of fuel for the employees, depending upon the extent of their travel in terms of Litres of Petrol/Diesel, each month and reimbursing the same against production of bills in support of claims for conveyance.
If you do this you will not have to change your local conveyance rules every time there is a change in the price of fuel.
Best Wishes,
Vasant Nair
From India, Mumbai
Acknowledge(0)Amend(0)
If you do this you will not have to change your local conveyance rules every time there is a change in the price of fuel.
Best Wishes,
Vasant Nair
From India, Mumbai
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.