All Company cars articles – Page 21
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Article
Vauxhall staff stopped from watching Euro 2012 due to health and safety
Vauxhall has had to balance on a tightrope between employee motivation and health and safety after some staff complained that they could not watch the Euro 2012 football, despite the car manufacturer sponsoring the English team.Production line workers feature alongside England stars, such as Steven Gerrard and Joe Hart, in ...
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Article
Salary sacrifice take up can be significant, says Tusker
This article is written by our channel sponsor, TuskerContrary to some reports, take up of salary car schemes IS significant and averages 8.3% among eligible employees, according to Tusker who has been running its salary sacrifice car scheme, SalarySacrifice4Cars (SS4C) for over three years.A recent survey by fleet managers’ trade ...
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Article
Zipcar launches salary sacrifice scheme
Zipcar has launched a salary sacrifice arrangement for employers to offer to staff.The car-sharing organisation offers access to a range of low-carbon cars on a pay-as-you-go basis, for anything from one hour to a week at a time.The salary sacrifice scheme allows employees to sacrifice a specified amount of their ...
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Article
Care needed when setting up salary sacrifice schemes, says Tusker
This article is written by our channel sponsor, TuskerCompanies must take care when setting up salary sacrifice schemes to ensure they don’t take employees below the minimum wage level, says salary sacrifice car specialist, Tusker, whose market leading system has an inbuilt fail-safe to ensure employees can’t surrender too much ...
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Article
Many business drivers would not switch to electric cars
More than half (68%) of drivers would not change their existing company car for an electric car, according to research by ALD Automotive.The research, which surveyed 1,000 employee drivers, found the main reasons for this include: a lack of suitable models on offer (60%) and a lack of charging points ...
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Article
Tusker shortlisted for business excellence award
This article is written by our channel sponsor TuskerContract hire and salary sacrifice specialist Tusker has been shortlisted for a prestigious Regional Business Excellence Award for the outstanding products and services it provides to fleet customers.Tusker has been shortlisted for the award of Large Business of the Year for those ...
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Article
Southend-on-Sea Borough Council selects Tusker’s salary sacrifice car scheme for all employees
This article is written by our channel sponsor, TuskerSouthend-on-Sea Borough Council has increased the number of benefits it makes available to its 2,000 employees by adding Tusker’s market-leading salary sacrifice car scheme, SS4C, to its flexible benefits portfolio.The Council is making SS4C scheme available for all permanently contracted employees and ...
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Article
Tusker appoints new contract administration manager
This article is written by our channel sponsor, TuskerInnovative contract hire and salary sacrifice leader, Tusker, has appointed a contract administration manager to head up a new department as part of the continued expansion of its business.Claire Pacey, joins the company from Zenith Provecta where she worked for seven years ...
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Article
West Lothian Council adds electric car to fleet
West Lothian Council has added an electric car to its 300-car fleet in a five-year deal with Automotive Leasing, the public sector division of fleet management organisation LeasePlan.Cairngorms National Park and Highland Council, both in Scotland, have also ordered electric cars through the fleet management firm for delivery later this ...
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Analysis
Salary sacrifice company cars: Case studies
Local authority adds early termination insurance to salary sacrifice car scheme, while banking group boosts retention by consolidating car benefits for all employees†Cheshire West and Chester CouncilCheshire West and Chester Council reduced the risks associated with its salary sacrifice car scheme by insisting that participating employees take out early termination ...
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Analysis
Salary sacrifice company cars: Choosing vehicles and providers
Key choices in cars and providers Interrogate providers on car choice, discounts, support and maintenance package, and also whether they understand the organisation’s needs. Look for an adviser with a good track record in this area. Employers must decide whether to put a cap on emissions before choosing the cars ...
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Analysis
Salary sacrifice company cars: How to promote a scheme
How employers should promote salary sacrifice car schemes to staff Carry out a staff survey before implementing the scheme. Work with the leasing provider to run workshops, roadshows, events and presentations, distribute flyers, posters and leaflets. Ensure the scheme’s online portal includes comprehensive FAQs, a detailed explanation of ...
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Analysis
Salary sacrifice company cars: Understanding the risks
Key risks and solutionsRisks Early termination/employees leaving the business. Employees no longer able to sacrifice, normally because of moving to lower statutory pay because of maternity leave or long-term absence. Possible longer-term impact on pension expectations.Solutions Early-termination insurance. Passing on the cost to the employee. A contingency or buffer fund. ...
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Analysis
Salary sacrifice company cars: How to implement a scheme
Top tips for set-up Find out how much employee demand there is for the benefit. Seek specialist tax advice. Ensure the launch fits in with any other new benefits planned. Make sure the portal highlights tax breaks and explains the commitment staff are making.Employers must do a lot of groundwork ...
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Analysis
Salary sacrifice company cars: What is salary sacrifice?
The advantages of offering a salary sacrifice car scheme A tax-efficient benefit for employees and, to a lesser extent, employers, at little or no cost to the business. A useful retention, engagement and motivation tool. Employees get hassle-free access to a car they may not have been able to afford ...
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Case Studies
Case study: Santander consolidates car offering with salary sacrifice scheme
Banking giant Santander introduced a salary sacrifice car scheme to consolidate its car offering for all its 30,000 UK staff after acquiring high-street brands, such as Abbey National, Bradford and Bingley and Alliance and Leicester.The scheme was launched in October 2011 and by the end of January 2012 had a ...
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Case Studies
Case study: Cheshire West and Chester Council reduces salary sacrifice car scheme risks
Cheshire West and Chester Council reduced the risks associated with its salary sacrifice car scheme by insisting that participating employees take out early termination insurance.Debbie Thompson, reward manager at the council, says: “It is very important to make some decisions up front. If you have decided where you are coming ...
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Article
EXCLUSIVE: NATS introduces salary sacrifice company car scheme
National Air Traffic Services (NATS) has launched a salary sacrifice company car scheme as part of a wider programme to support its 4,500 staff in making low-emission travel choices.The air traffic management firm already offers a bikes-for-work scheme, car-share scheme, and shuttle bus from the local train station to its ...
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Article
Flying car in test phase
Employers offering company car schemes might soon be able to consider adding a flying car to their list of choices.After all, the American flying car, dubbed Transition, from aviation company Terrafugia, would certainly help employees beat the traffic. It has just completed its first flight at 1,400 feet for eight ...
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Article
Business drivers take steps to reduce fuel consumption
Half of business drivers have altered their driver behaviour in an effort to reduce fuel consumption, according to research by ALD Automotive.The survey of 1,000 employee drivers also found that 50% of respondents shop around for the cheapest fuel available.†Two-thirds (65%) of respondents drive slower and more smoothly in an ...