grey fleet

« Back to Glossary Index

vehicles not owned by the employer but used by employees for work purposes. A grey fleet can include vehicles that are owned or leased by employees and vehicles that employees rent, borrow or for which they otherwise have "ownership" accountabilities. To recognize each employee’s costs of operating a grey fleet vehicle, employers typically compensate the employee using a mileage basis ($/km), a monthly allowance or other method.

« Back to Glossary Index




grey fleet