All Company cars articles
-
ArticleWarp Snacks introduces electric vehicle salary sacrifice scheme
Healthy snacks manufacturer Warp Snacks has introduced an electric vehicle (EV) salary sacrifice scheme for its workforce.
-
ArticleExclusive: Formula E introduces salary sacrifice electric car scheme
All-electric racing series Formula E has introduced a salary sacrifice electric vehicle (EV) scheme for more than 200 eligible employees
-
AnalysisBuyer’s guide to salary sacrifice car schemes
Salary sacrifice car schemes enable employees to have a new car for a fixed monthly cost and period of time by sacrificing an amount from their gross salary in exchange for a fully maintained and insured car.
-
-
OpinionRob Mottram: What are your reward and benefit priorities for 2025?
In 2025 McBride aims to build on its reward successes of the past year.
-
ArticleAutumn Budget 2024: Government to close loopholes around car ownership schemes
Autumn Budget 2024: The government has announced plans to close loopholes in company car tax rules by ending contrived car ownership schemes. In the Autumn Budget 2024, Rachel Reeves, Chancellor of the Exchequer, laid out plans to publish draft legislation around loopholes in car ownership ...
-
-
ArticleNovus Health introduces electric car salary sacrifice arrangement
Source: Shutterstock Independent healthcare provider Novus Health has introduced an electric vehicle salary sacrifice benefit in order to extend its employee benefits package. The scheme, which is provided by Fleet Alliance, is available for 35 eligible employees who can choose from a wide range of cars. Novus ...
-
ArticleExclusive: 62% of staff incentivised by benefits through salary sacrifice scheme
Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its ...
-
OpinionKaren Hartmann: How can employers incorporate family life into the workplace?
Business reaps rewards with family-friendly policies and more women at work.The good news is that the growing proportion of women in the labour force since 2019 has added around $1.5 trillion to global income, according to Moody’s published research.The disappointing news is that despite progress in recent decades, the participation ...
-
ArticleThe top 10 most read articles between 12 - 18 July 2024
The top 10 most read articles between 12 - 18 July 2024 on employeebenefits.co.uk were: BT Group to roll out new family leave policyKing’s Speech introduces mandatory ethnicity and disability pay reportingEmma Reynolds named pensions ministerKing’s Speech introduces Employment Rights BillUtility Warehouse introduces personalised financial education for employeesGusto Group to ...
-
ArticleCompany car schemes increasingly opt for electric vehicles
Credit: muk woothimanop/ShutterstockA third of UK organisations which intend to review their company car programme in the next 12 months plan to introduce more environmentally friendly vehicles into the schemes, according to research by Willis Towers Watson (WTW).Its Company car benefits survey report, which surveyed 1,610 UK organisations across ...
-
ArticleXPO Logistics introduces electric vehicle and hybrid salary sacrifice scheme
Logistics solutions provider XPO Logistics has launched an electric vehicle (EV) and hybrid salary sacrifice arrangement for its UK employees.Through the scheme, which is provided by vehicle leasing firm Arval, employees will be able to access competitively priced cars, which saving on income tax and national insurance contributions. Additionally, the ...
-
ArticleRoyal Mail Group launches company car salary sacrifice scheme
Royal Mail Group has introduced a company car salary sacrifice scheme for its more than 120,000 employees in order to support its commitment to achieving net-zero emissions by 2040.Through a partnership with Novuna Vehicle Solutions, the group’s employees will have access to new and used low-emission and electric vehicles (EV) ...
-
Case StudiesStandard Chartered offers salary sacrifice car scheme to attract and retain staff
Last October, banking group Standard Chartered introduced a plug-in hybrid and electric vehicle (EV) salary sacrifice scheme for all its 2,500 UK-based employees.The scheme, which is provided by Tusker, covers hybrids and EVs emitting less than 75g CO2 per km, and, has recognised how the world of work has changed ...
-
AnalysisHow to design a company car scheme to suit today's workforces
Credit: PanuShot-shutterstockNeed to know:Hybrid and remote working have changed the need, and expectation, to drive to work five days a week for many employees.Yet access to a company car, especially an electric vehicle through salary sacrifice, remains popular.Company car schemes are still an important recruitment and retention tool, but need ...
-
Case StudiesThe benefits offered by Aldermore Bank
The benefits on offer at Aldermore Bank:PensionA group personal pension (GPP) plan with salary sacrifice arrangement for all employees. Employee/employer contribution levels are 3%/6%, 4%/8% and 5%/10%.Group riskLife assurance, employer paid for all employees at four-times salary, with the option for employees to flex up at their own cost to ...
-
ArticleExclusive: Central Co-op introduces electric vehicle salary sacrifice scheme
Retailer Central Co-op has launched an electric vehicle salary sacrifice scheme as part of its ongoing commitment to sustainability.Through the scheme, which is provided by Octopus Electric Vehicles, Central Co-op's company car drivers and car allowance recipients can select a brand-new electric car with no upfront costs. The scheme also ...
-
AnalysisTop tips for managing the cost of company car schemes
Credit: muk woothimanop/ShutterstockNeed to know:Green electric vehicle (EV) salary sacrifice arrangements are growing in popularity.As well as tax savings, EVs can be cheaper to run and maintain, with used cars also a cost-effective option. Employees need to understand how benefit-in-kind (BIK) rates differ for both EV and internal combustion engine ...
-
Case StudiesClear costs are key component of Stephenson Harwood's company car scheme
Law firm Stephenson Harwood has offered a salary sacrifice electric vehicle scheme to its 700 employees through provider Tusker since 2022.One of the key points throughout, but especially now during the cost-of-living crisis, is ensuring that both the costs and savings are totally clear for any employee interested in signing ...