MegaPhase Announces Fuel Reimbursement for Employees due to Gas Price Inflation
July 6, 2022 | MegaPhase News Center
Stroudsburg, PA, — July 6, 2022– On Thursday, June 16, CEO Bill Pote informed the MegaPhase team that all eligible employees will see a fuel reimbursement line item on their paychecks in the amount of $75 bi-weekly. “Caring for employees is the responsibility of business owners and upper management, and I understand that there has been an ongoing strain when filling up gas tanks” stated Bill Pote.
This change took effect starting July 1 coinciding with the IRS increase in the optional standard mileage rate for the final 6 months of 2022.
As a small business leader within the local community, we understand the demands of employees from their employers in today’s world. MegaPhase is uniquely positioned to offer this type of short-term benefit to eligible employees along with other quality offerings such as: medical, dental, vision, disability, 401K, paid life insurance and much more.
About MegaPhase
Founded in 1998, MegaPhase is a leader in the design and manufacture of RF and microwave cable assemblies and passive RF components from DC to 110 GHz. The Company offers a wide range of products serving commercial telecom and Military markets, including airborne, ground, sea, and space programs. For more information visit megaphase.com.
To learn more about the MegaPhase Team Approach, visit the Career Center!
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