All Company cars articles – Page 10
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Analysis
14: car schemes
Almost two-thirds (65%) of respondents do not receive a car or car allowance as part of their benefits package, either as a business or perk driver, according to the Employee Benefits Salary survey 2017, which surveyed a total of 249 respondents in November-December 2016.More than a third (39%) of respondents ...
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Case StudiesThe benefits offered by Norton Rose Fulbright
The workplace benefits on offer at Norton Rose Fulbright include:PensionGroup personal pension for all employees, with a 1% employer and 1% employee contribution.The employer offers matching contributions up to a 5% employee contribution.The organisation auto-enrolled in 2013, and auto-re-enrolled in November 2016.Group riskGroup income protection, employer paid.Life assurance, employer paid.Healthcare ...
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ArticleHow the Autumn Statement 2016 will affect pay and benefits
Chancellor Philip Hammond delivered his first, and with the scheduled changes to the fiscal event timetable, also his last, Autumn Statement on Wednesday 23 November 2016. Below is a summary of the key announcements impacting employers’ pay and benefits strategies:The range of benefits that attract tax and employer national insurance ...
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ArticleSG Fleet acquires Motiva Group
SG Fleet has acquired UK contract hire, short-term rental, and fleet management organisation Motiva Group.The acquisition by SG Fleet, which operates in the UK, New Zealand and Australia, aims to expand the organisation's presence in the UK contract hire market, and strengthen its commercial vehicle and daily rental operations.The acquisition ...
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ArticleHow the Autumn Statement 2016 will impact employee benefits
On 23 November 2016, Chancellor Philip Hammond delivered his Autumn Statement 2016 speech. Below is a round-up of the key announcements with a bearing on employee benefits:From April 2017, the government will limit the range of benefits that attract tax and employer national insurance (NI) advantages when offered through a ...
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ArticleGovernment limits tax-efficient salary sacrifice arrangements
Autumn Statement 2016: From April 2017, the government will significantly limit the range of benefits that attract tax and employer national insurance (NI) advantages when offered through a salary sacrifice arrangement.Pensions and pensions advice, childcare, bikes-for-work schemes, and ultra-low emission vehicles (ULEVs) will be exempt from the changes.Arrangements in place ...
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ArticleGovernment to introduce new company car tax bands for low-emission vehicles
Autumn Statement 2016: The government is to introduce new, lower bands of company car tax for the lowest-emitting cars.The announcement was made as part of today's (23 November 2016) Autumn Statement, with details of the new bands and rates set to be announced in the Finance Bill in December 2016.The ...
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ArticleGovernment invests in ultra-low emission vehicles and infrastructure
Autumn Statement 2016: Chancellor Philip Hammond has announced that the new National Productivity Investment Fund (NPIF) will invest in ultra-low emission vehicles (ULEVs).In his Autumn Statement speech, Hammond announced an investment of £390 million by 2020-21 in ULEVs, renewable fuels, and connected and autonomous vehicles (CAVs). This includes £80 million ...
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ArticleBenchmark your pay and benefits package
How does your salary stack up against your peers'? And how does your total remuneration package compare to other reward and benefits professionals?Take part in the exclusive Employee Benefits salary survey for the chance to benchmark your own benefits and compensation offering.We are particularly interested in finding out how salary ...
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Case StudiesThe benefits on offer at Goodman Masson
The workplace benefits on offer at Goodman Masson include:PensionStakeholder pension with a 1% employer and 1% employee contribution.Goodman Masson went through auto-enrolment in 2014.Group riskGroup income protection, employer-paid for some employees.Critical illness insurance, employer-paid for some employees.Healthcare and wellbeingPrivate medical insurance, voluntary basis, employee-paid.Eyecare vouchers, employer-paid for all employees.Personal accident ...
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ArticleHow to align employee demand with corporate objectives around company car schemes
Need to know:Small SUVs and low-emission cars are gaining increasing traction in the company car market.Employers must have a thorough understanding of how cars will be used and tailor scheme parameters accordingly.Offering a choice of models and manufacturers can ensure that company car schemes remain attractive to existing and potential ...
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ArticleAdecco Group moves to monthly flex enrolment to enhance benefits engagement
Employee Benefits Live 2016: Adecco Group UK and Ireland has moved from an annual flexible benefits enrolment window to monthly enrolment.The change, which was introduced this year, aims to increase employee engagement and ensure that the organisation’s benefits package is available to all.The transition to monthly enrolment forms part of ...
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ArticleIs there a place for personalisation in a benefits strategy?
Need to know:The definition of personalisation has changed and is now data driven.The personalisation of benefits helps to empower employees to perform at their best at work.Challenges to the increasing use of personalised benefits packages include many employers' desire for standardised benefits systems, particularly in large, multi-national organisations.The initial personalisation ...
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Article
8: Expedia to discuss award-winning workplace culture at Employee Benefits Live
Online travel organisation Expedia will join Glassdoor to present the opening keynote address at Employee Benefits Live 2016.Con Marney, manager, talent acquisition at Expedia, will speak alongside Diarmuid Russell, head of international at Glassdoor, on day one of the London-based event. Marney will discuss the steps that Expedia has taken ...
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ArticleEmployee builds plane to travel to work
Something for the weekend: For most employees, a 15-minute drive sounds like a dream commute for a simple 10-mile journey. However Czech locksmith Frantisek Hadrava fancied a more high-flying mode of transport to get to work, opting to build his own plane instead.The ultra-light Vampira plane, which took two years ...
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ArticleSG Fleet acquires Fleet Hire
SG Fleet has acquired contract hire, fleet management and salary sacrifice provider Fleet Hire.SG Fleet Group manages a fleet of approximately 130,000 cars across Australia, New Zealand and the UK, while Solihull-based Fleet Hire currently has 60 staff and 6,500 cars in the UK.Fleet Hire's senior team, including chief executive ...
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Article51% offer a car salary sacrifice scheme to boost staff morale
Just over half (51%) of employer respondents who offer a car salary sacrifice scheme to staff provide the benefit to raise employee morale, according to research by finance organisation Maxxia.Its HR views on salary sacrifice car schemes report, which surveyed 100 HR professionals in UK-based organisations with at least 250 ...
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Case StudiesUniversity of Reading sees momentum grow around salary sacrifice car scheme
The University of Reading launched a salary sacrifice-based car leasing scheme called Mycar through Leasedrive (now combined with Zenith) back in June 2014.The scheme has been something of a slow burn in terms of growth, with currently around 20 to 25 members, but is nevertheless seen as an important part ...
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AnalysisWhat would a future without salary sacrifice car schemes look like?
Need to knowThe government has said it is considering limiting the range of benefits available through a salary sacrifice arrangement.While providers are confident car schemes will not end up in the firing line, it is possible alternative models may need to be looked at.These could include affinity, employee car ownership ...
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AnalysisInfographic: What car benefits do organisations offer?
An infographic looking at the car benefits offered by respondents' organisations and the basis on which they are offered (Source: Employee Benefits/Xerox HR Services' Benefit research 2016, published in June 2016).Read more in What would a future without salary sacrifice car schemes look like?