All Company cars articles – Page 23
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Article
EXCLUSIVE: Equiniti Group adds cars and insurance discounts to flex
Equiniti Group has added two company car schemes and an insurance discount scheme to its flexible benefits package.The new benefits, which will launch on 1 January 2012, include: a car-leasing scheme provided by ALD Automotive; a discounted car-purchasing scheme provided by Lloyds Bank; and the Open Door scheme from mortgage ...
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Analysis
How to run a Europe-wide fleet
If you read nothing else, read this...In the European alignment of a fleet policy, employers should embrace differences, as well as similarities.Fleet standards, tax issues and manufacturer preference differ from country to country across the European Union, so take this into consideration.If possible, a single person should be made responsible ...
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Article
Nottingham University Hospitals NHS Trust renews fleet contract
Nottingham University Hospitals NHS Trust (NUH) has renewed its fleet contract with Leasedrive Group.The fleet management organisation will continue to deliver the trust’s salary sacrifice car scheme, which only allows its 13,000 employees to choose cars emitting 140g/km of CO2 or less.The Mycar scheme has been in place since 2009.Alison ...
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Article
Findel cuts fleet emissions with renewed contract
Multi-channel retailer Findel has cut its car emissions by almost 25% after renewing almost all of its fleet. After taking advice from TR Fleet, the firm has seen average carbon dioxide (CO2) emissions on its 262-strong car fleet fall from 164 g/km to 125 g/km.Findel is benefiting from improved miles ...
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Article
Experian renews fleet contract with Leasedrive
Experian has renewed its fleet contract with Leasedrive, which merged with Masterlease UK.The global information services firm was one of Masterlease UK’s largest employers, with a fleet of 650 cars.Brian Hill, head of peer-to-peer and billing at Experian’s Europe, Middle East and Africa (EMEA) shared service centre, said: “Under our ...
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Article
Spencer signs fleet contract with Zenith
Engineering firm Spencer has signed a contract with Zenith for the management of a 133-fleet company car scheme.Spencer’s employees will use Zenith’s online motoring expenses system, MyMiles, for their monthly expenses claims.Caroline Johnson, fleet manager at Spencer, said: “Zenith’s product and service offering was key to our decision to award ...
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Article
GlaxoSmithKline introduces company car scheme
EXCLUSIVE: ?GlaxoSmithKline (GSK) has introduced a company car scheme for its 1,500 sales staff after a car allowance proved too expensive.GSK found that, as manufacturers raised prices, the cost to employees of buying cars through the scheme also rose. The increase in VAT caused employer’s national insurance to also go ...
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Article
Run Your Cars staff take part in Movember campaign
Employees at fleet services provider Run Your Cars are growing moustaches as part of the Movember charity campaign.Staff are cultivating their facial furniture to help raise money and awareness for prostate and testicular cancer.Five employees, including managing director Steve Whitmarsh, have pledged not to shave their top lip this month ...
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Article
BDR Thermea expands its fleet
BDR Thermea has expanded its fleet under a new three-year contract with Leasedrive.The new contract, covering 550 cars and vans, is for three years with an option for BDR Thermea to extend it for a further two years.Janey McDonald, UK indirect procurement manager at BDR Thermea, said: “When we went ...
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Article
Arqiva extends fleet contract
Arqiva has extended its car rental agreement for a further two years.The agreement is through the rental management division of the Leasedrive Group.It is important for the communications infrastructure and media services organisation, which has sites in the islands around Scotland and the Channel Islands, to have extensive fleet coverage ...
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Article
Autumn Statement 2011: The impact on employee benefits
Chancellor George Osborne delivered his Autumn Statement to government on 29 November 2011. Here is a round-up of the key issues affecting employee benefits.Fuel duty increases revisedThe 3.02 pence per litre (ppl) fuel duty increase that was due to take effect on 1 January 2012 will be deferred to 1 ...
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Article
Autumn Statement 2011: Fuel duty increases revised
The government has announced that the 3.02 pence per litre (ppl) fuel duty increase that was due to take effect on 1 January 2012 will be deferred to 1 April 2012.The inflation increase, which was planned for 1 August 2012 and was expected to be in the region of 1.92ppl, ...
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Analysis
Fleets go greener
If you read nothing else, read this … New cars have undergone rapid evolution in terms of fuel-efficient and reduced-emission engines. Employees are pushing for greener vehicles to reduce their benefit-in-kind tax liability. Employers are keen to save fuel costs and promote their corporate social responsibility agenda. Vehicle manufacturers are ...
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Analysis
Keep fleet expenses under control
If you read nothing else, read this . . . Rising fuel costs are pushing fuel expense monitoring up the agenda. Fuel cards and mileage monitoring systems can help identify how much drivers are spending and where. Using fuel cards with other systems may reduce fuel consumptions. Systems should not ...
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Case Studies
Case study: Freshfields staff sign up for greener cars
Law firm Freshfields Bruckhaus Deringer, an Employee Benefits Awards 2011 runner-up in the category for 'Most effective travel strategy for business and perk car drivers', introduced a green car scheme in 2009 to which it made major changes in 2010.The law firm, which had not operated a formal company car ...
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Article
Growing waistbands impact size of company car fleets
The size of UK company car fleets is getting bigger; but not in terms of the number of cars.Luxury car manufacturers, such as BMW Group, are looking at adjustments to their cars in order to accommodate the growing number of obese people in the UK.While waistbands continue to grow, manufacturers ...
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Article
Santander launches salary sacrifice company car scheme
Santander has introduced a salary sacrifice company car scheme for its UK employees.The scheme, run by Zenith, is available to all staff. The banking group also launched a company car scheme only available to essential business users, which includes 750 eligible employees. The eligible drivers cover over 8,000 miles a ...
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Article
Clifford Chance introduces salary sacrifice car scheme
Clifford Chance has introduced a salary sacrifice car scheme for its UK employees.The scheme, Salary Exchange which is provided by Zenith, operates on a cost-neutral basis for the law firm because the employee sacrifices part of their gross salary in return for a car, saving income tax and national insurance.The ...
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Article
Marie Curie Cancer Care renews fleet management contract
Marie Curie Cancer Care has renewed its fleet management contract with Leasedrive for another two years.†The contract covers 174 cars on contract hire or contract purchase, as well as the provision of short-term rental.Jeremy Sothcott, fleet manager at Marie Curie Cancer Care, said: “When we went out to tender, we ...
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Analysis
Drivers move away from grey fleet
If you read nothing else, read this … Under grey fleet arrangements, employees use their own cars for business purposes. Some organisations that have operated grey fleet arrangements are now returning to company cars. Employers should weigh up which is best suited to their organisation.Case study: Asda shows value of ...