All Company cars articles – Page 4
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ArticleCompass Group launches electric company car policy
Food service provider Compass Group UK and Ireland has introduced an 100% electric car initiative for all new fleet and company car drivers.Following the organisation’s commitment to reach climate net zero by 2030, this move will ensure workers have the opportunity to order an electric vehicle (EV) by the end ...
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ArticleKavitha’s keynote: Employers can protect the planet
As this year’s United Nations Climate Change Conference (COP26) continues, now seems like as good a time as any for employers to look at the role they can play in protecting our planet.In recent years, a growing number of industries and businesses have been pledging to reduce their effect on ...
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Article43% of employers plan to offer more eco-friendly cars
New data has found that four in 10 (43%) UK companies said introducing more environmentally friendly vehicles is top of their list of car benefit changes in the next 12 months, up from 33% in 2020.Willis Towers Watson’s 2021 Car benefits survey report, which questioned 620 UK organisations, highlighted that ...
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ArticleStephenson Harwood offers electric cars to staff
A law firm is offering its UK staff electric cars as a way of aligning the business with some of the goals of the COP26 climate crisis conference.Global firm Stephenson Harwood is offering the benefit to its 550 employees in London initially, but hopes to extend the scheme to its ...
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AnalysisHow do staff travel schemes vary around the world?
The low benefit-in-kind of just 1%, which will be capped at no more than 2% until 2025, means zero-emissions cars on a salary sacrifice scheme can be a truly affordable way of driving.Most employers have restricted travel into the office and discouraged people from travelling on public transport, but there ...
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OpinionPaul Hollick: The future of staff travel schemes
Prior to the Covid-19 (Coronavirus) pandemic, mobility was beginning to gain pace as a form of business travel. This took the form of staff travel schemes based around a mobility allowance offering a wide range of options that were not just trains and other forms of public transport, but car ...
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Case StudiesShrewsbury and Telford Hospital supports staff with bike scheme
The Shrewsbury and Telford Hospital NHS Trust is the main provider of acute hospital services for Shropshire, Telford and Wrekin, and mid Wales, and employs 6,500 members of staff.The trust launched its bikes-for-work scheme in 2012 in partnership with Vivup, providing the benefit to employees via an enrolment window option ...
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ArticleConfessions of a benefits manager: Candid revs up for the car wars
Company cars. Sigh. My shoulders sag whenever the subject comes up. Cars mean war around here, and I am still battle-scarred from the last policy review, but Big Bad Boss insists it is time for another one.I can guess what has prompted this just now. We’ve just hired a new ...
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Case StudiesThe benefits on offer at Global Marine Group
The benefits offered to UK employees at Global Marine Group:PensionA group personal pension (GPP) for all employees with matched contributions at 7.5%.Closed defined benefit (DB) scheme.Healthcare and group riskPrivate medical insurance (PMI) scheme with Axa PPP, employer-funded for all employees.Health cash plan for all employees with Medicash, employee paid.Employee assistance ...
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ArticleThe top 10 most-read articles between 16 July - 22 July 2021
The top 10 most-read stories on employeebenefits.co.uk between 16 July – 22 July 2021 were: Employees to miss pyjamas in office return80% think employers are not ready for flexible workingHow can Covid-19 benefits survive and thrive in the long term?How Essex County Council is reimagining benefits post-pandemicNHS Fleet Solutions to ...
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ArticleNHS Fleet Solutions to offer employees electric cars
NHS Fleet Solutions has ordered 500 electric Nissan Leafs for its salary sacrifice scheme, which will be available to health workers and other public sector staff.The business, which is operated by Northumbria Healthcare NHS Foundation Trust, has provided more than 75,000 vehicles for the NHS and other public sector organisations ...
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ArticleThe top 10 most-read articles between 11 June -17 June 2021
The top 10 most-read stories on employeebenefits.co.uk between 11 June – 17 June 2021 were: Top tips on implementing electric company car schemesFacebook allows remote working for all employeesHow can flexible working hours address employee burnout?Crerar Hotels launches new benefits packageFinances affect 39% of employees' mental healthBe the Big Cheese ...
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Case StudiesElectric company car scheme helps support The Marketing Store's sustainability goals
Marketing and branding agency The Marketing Store regularly advises its clients on how to improve their sustainability credentials, and turned to electric vehicles as an opportunity to practise what it preaches.Hannah Partridge, director, portfolio and client development for The Marketing Store Europe, says: “We’re telling our clients on a daily ...
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AnalysisTop tips on implementing electric company car schemes
Need to know: Electric vehicles are now a realistic option for company fleets, either as an employee benefit or through salary sacrifice arrangements. Favourable benefit-in-kind rates are making this more attractive compared to petrol or diesel options. But some concerns remain around charging infrastructure and battery ...
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OpinionJim Saker: Electric company cars need a balance between incentives and practicality
The future growth in electric cars provided as a benefit to employees relies on a balance between the hype, the incentives and the practicality. With the government announcement of the 2030/35 ban on the sale of conventional petrol and diesel cars, most of the manufacturers have trumpeted the arrival of ...
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ArticleStar Refrigeration converts to all EV car salary sacrifice
Glasgow-headquartered industrial refrigeration provider Star Refrigeration has announced it has switched its entire car salary sacrifice offering to electric vehicles (EV)-only.The company – which employs 400 people and has a fleet of more than 150 vehicles – said it made the decision in order to make its journeys more sustainable.The ...
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AnalysisHow can employers link carbon-neutral goals with their reward strategy?
Need to know:Organisations are under pressure to reduce their carbon footprints and employee benefits can help with this.Ensuring pension funds are invested in environmentally-friendly businesses is a good place to start, while executives can be rewarded on similar metrics.The use of green reward schemes and encouraging greener forms of travel ...
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ArticleFuel duty frozen for eleventh year
Budget 2021: In his Budget 2021 speech, Chancellor of the Exchequer Rishi Sunak announced a freeze on fuel duty rates for the eleventh year running.Addressing the House of Commons, Sunak announced that fuel duty will remain frozen at 57.95p per litre for both petrol and diesel.Sunak also announced that fuel ...
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AnalysisWhat impact has the pandemic had on company car schemes?
Need to know:The experience of the pandemic, and a year of home and remote working, will probably reduce business mileage in the future.However, while this is unlikely to mean company car schemes will disappear altogether, they may become ever-more focused on the most tax-efficient electric and ultra-low emission vehicles.Cash allowances ...
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OpinionPaul Hollick: The future of company cars is electric
There’s something that sounds like a common-sense argument about perk cars being made in some quarters during the pandemic. It says that people currently working from home who never really needed a company car for their job won’t want to pay tax on that vehicle and are pushing for a ...