All Company cars articles – Page 38
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Article
Davis Langdon to reward staff who opt for cars with low CO2 emissions
Davis Langdon is offering an increased company car allowance for staff and partners at the construction project and cost consultancy who choose vehicles with low carbon dioxide emissions.The firm has set carbon emissions of 165g/km as the benchmark and will offer employees an increased car allowance for vehicles at or ...
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Article
Cars and fleet - definition - Cash allowance
A cash allowance is an allowance paid in lieu of a company car to employees who would qualify for a company car. Allowances can be paid to employees who have to use their cars for business as well as to those who simply receive this benefit as a perk. However, ...
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Article
Cars and fleet - definition - Affinity company car scheme
Affinity car schemes allow employers to strike a deal directly with a manufacturer or through a leasing company, and provide employees with access to cheaper prices on the purchase of new and used cars. Deals come at little cost to employers but use of cars for work should comply with ...
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Best practice from thought leaders 2008
Adapt best practice to suit own needsFacing flexFlex can be the glue that offers consistency across businessesBeing proactive on healthDriving down cost of absence with analysis of sickness dataAccounting for changeTailored modelling tools help staff get realistic about retirementBuild robust rewardDishing out reward for hitting strategic goals creates valueRisk products ...
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Analysis
Know grey safety issues
Employees who use their own cars for business journeys are increasingly referred to as the grey fleet, and can carry a large risk if employers don't take steps to ensure their safety, says Nick GoldingThe term 'grey fleet' is one which is often bandied around the fleet industry. Put simply, ...
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Article
Tailored funding strategies
This article is brought to you by our sponsor Alphabet.Richard Schooling, chief operating officer at Alphabet, suggests employers demand bespoke solutions from vehicle suppliers that meet clear objectives around funding and risk managementFleets face a cocktail of difficult challenges over the next 12 months but there are several key areas ...
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Analysis
Weighing up fleet financing options
Impending corporate manslaughter laws add a new layer of complexity for FDs in the sourcing and financing fleets, says Nick GoldingExecutive summary The decision on how to source and finance company cars has crucial tax and employer risk implications that need to be carefully balanced. The most common way that ...
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Article
Education is the key to curbing driver health and safety issues
Food firm Cadbury Schweppes believes that by educating drivers in health and safety matters can be a win-win situation for both staff and the organisationAt a time when grey fleet, where drivers use their own cars for work, and environmental issues are at the forefront of every fleet manager's agenda, ...
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Article
Cars and fleet - definition - Perk driver
A perk driver is an employee who is given a company car or car allowance with no expectation that they will use their car for business. The car is simply for private use (although it can be used on business) and is a ‘perk’ of the job.
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Article
Two-thirds of private cars found to be unsafe
Two-thirds of private vehicles driven on employer business are not safe, according to the Vehicle monitor survey conducted by fleet management firm Total Motion. Some 5,734 company and privately-owned vehicles used for business were inspected last year and nine-out-of-ten (91%) of the drivers admitted to failing to make basic vehicle ...
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Article
Cars and fleet - definition - Fuel card
Fuel card act like credit cards that can only be used for fuel. Employers which provide these to company car drivers are able to use the related paperwork to track purchases, mileages and tax due.
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Article
Green corporate image often more important than carbon and cost reductions
Almost two thirds of employers (60%) admit that their organisation's image is the main reason behind them taking a green approach to their fleet, with less than half (47%) stating that cost reduction is a motivating factor.According a survey of more than 150 businesses by fleet management company Masterlease, 70% ...
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Article
Cars and fleet - definition - Company car tax
Company car drivers have to pay benefits tax based on the new list price of their car and its carbon dioxide emissions. Some employees prefer to receive a cash allowance in lieu of a company car. They are then liable for NI and income tax on this amount instead.
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Article
Cars and fleet - definition - Company car
A company car is a car provided to an employee as part of their reward package. In most cases company cars are provided because the employee needs it in order to carry out their job. In some cases, a car is provided as a perk of the job for private ...
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Article
Cars and fleet - definition - Fleet risk assessment
An audit of all the risks affecting a company car fleet. This includes checking that drivers have valid drivers licences and regular eye tests through to driver training and reviewing whether all journeys are necessary.Full details of a risk assessment
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Article
Truck-Lite and Surfachem outsource fleet management
Truck-Lite and Surfachem have outsourced fleet management to Zenith Vehicle Contracts.Truck-Lite, a truck light manufacturer, signed a deal which includes accident management and involves the sale and leaseback of more than 60 vehicles. The vehicles will be provided under contract hire.Surfachem, a supplier of chemicals for use in the personal ...
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Analysis
Focus on staff eyecare
Access to eye assessments may be a statutory requirement for employees who use VDUs, but it can also help drivers at work maintain adequate vision at the wheel, says Stephanie SpicerAn eye test may not seem like the sexiest benefit that employers can offer to staff, but it is an ...
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Article
PwC reviews fleet emissions
PricewaterhouseCoopers is to restrict drivers' choice of new vehicles to those that emit a maximum of 265 grams of CO2 per kilometre, in an attempt to reduce the impact its fleet has on the environment.Employees at the accountancy firm can currently select a car from an extensive list of models ...
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Analysis
Checking driving licences is very important
Checking driving licences is often viewed as a major administrative chore, but with incoming corporate manslaughter laws, doing so has never been more important, says Nic PatonWith the Corporate Manslaughter and Corporate Homicide Act 2007 coming into force this April, the need to ensure that employees driving on business have ...
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Barclays uses fleet review to drive down eco-footprint
Barclays is reviewing its fleet policy to help reduce the carbon footprint of its 8,400 company car and cash allowance drivers.It is considering changing the types of vehicles available for drivers to choose from and educating staff on the benefits of selecting greener vehicles. The review will also provide an ...