All Company cars articles – Page 42
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Analysis
Assess employee behaviour before issuing company car
Employee behaviour can significantly increase fleet risk, so employers are learning that policies can help them target resources effectively to curb it, says Sarah ColesSome people are accidents waiting to happen. According to the Royal Society for the Prevention of Accidents, 3,695 people end up in hospital every year because ...
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Article
Barclays fleet records its lowest carbon emissions
Barclays has recorded its lowest monthly average CO2 emissions for its company car scheme.This month, it has recorded a level of 155 grams of CO2 per kilometre.The company has been measuring its drivers’ emissions since March 2005, and last December made changes to its company car policy by introducing financial ...
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Article
Cars and fleet - definition - Employee car ownership scheme
As the cash alternative to contract car hire and outright purchase, an employee car ownership scheme allows an employee to spend a certain amount of cash, determined by their employer, on a car of their choice through monthly payments.The employee signs a contract with a car leasing company to purchase ...
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Article
Cars and fleet - definition - Personal contract plan
A personal contract plan (PCP) is a type of employee car ownership scheme that allows an employer either wholly or partially to sacrifice the responsibility for the company car and offers employees the opportunity to have a vehicle under similar conditions to the company car. Under a personal contract plan, ...
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Article
Cars and fleet - definition - Outright purchase
This is when an organisation actually buys the company car, usually in bulk for discounted deals, and loans it to employees. In this instance, employers are responsible for the administration and will also have to ensure, subject to employee contracts, that the car is adequately maintained, fit for purpose and ...
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Article
Cars and fleet - definition - Contract hire
Contract hire is where a company hires a car from a car leasing company for a determined period of time and for an agreed monthly cost, and the car leasing company deals with the fleet administration.Contract hire leasing schemes are often thought to remove the responsibility of running the fleet ...
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Article
One Stop Stores makes move towards green cars
Retailer One Stop Stores hopes to move two-thirds of its company car drivers into low-emission vehicles within 12 months.To encourage staff to make this move, it has offered its 160 contract hire drivers a far greater choice of low-emission cars.It is also making sure that staff are aware of the ...
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Analysis
Employee engagement: Company cars can engage staff if well managed
The company car is part of many benefit packages, but unless a wide choice is offered and policies are well communicated, Mike Roberts says not all staff will be fully engagedThe provision of a company vehicle plays its part in attracting quality employees, but handing over a set of car ...
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Case Studies
Direct Communications uses online fleet risk tools to improve safety
Walkie-talkie supplier Direct Communications has used online fleet risk tools to improve safety, and to reduce the number of accidents and the cost of insurance.It needed to improve standards after two company cars were written off and four others were involved in incidents in 2005.Fleet manager, Gavin Bailey, explains: "The ...
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Analysis
Picking fleet well is a cost-saver
Some cars depreciate much faster than others, so getting the choice right at purchase could save employers a fortune, says Curtis HutchinsonThere is little on an organisation’s books that will depreciate more than poorly-selected company cars. While all new cars depreciate immediately, some lose their values much faster and at ...
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Analysis
Reverse declining take-up of fleet perks
This article is brought to you by our sponsor Alphabet.Do organisations need to worry about employee engagement when it comes to car benefits? The answer is yes.Employee engagement plays a much more significant role than is usually recognised in determining fleet operating costs, productivity and safety performance. As a leading ...
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Article
Ikea to switch UK fleet to lower emission hybrids
Ikea is to move its entire UK company car fleet to low emission hybrid vehicles as part of its bid to cut carbon emissions.In the first phase of its hybrid vehicle initiative, Ikea UK, part of the Swedish home furnishings company, will buy up to 50 Honda Civic Hybrid cars, ...
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Analysis
Online risk management tools are vital for fleet
Online risk management tools can be a good way of gathering data to identify problem areas, and keeping vital checks up to date, says Rachel GordonThere is no doubt driving at work is a killer. It is estimated by the Department for Transport that up to a third of all ...
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Analysis
New legal requirements on fleet
New legal requirements on mobile phones, smoking, driving hours and corporate manslaughter mean fleet managers have their work cut out, says Vicki TaylorOver the past few years, a seemingly relentless stream of changing legislation and regulations has posed a challenge for fleet managers to keep tabs on.One of the biggest ...
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Article
HMRC consultation open on Amaps
HM Revenue & Customs (HMRC) has published an open letter asking for comment on three possible changes to the current structure of Approved Mileage Allowance Payments (Amaps).In looking at possible ways that the current structure of Amaps might be changed, HMRC indicates it will be looking at: an option for ...
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Case Studies
Conchango offers its staff Amaps
Business and technology consultancy Conchango ditched its company car scheme, after it became too costly and complex.The Egham-based company, which employs 300 people in the UK, now offers authorised mileage allowances for staff (Amaps). Mike Altendorf, CEO at Conchango UK, says: "We moved to this current model from the fleet ...
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Article
More than half of organisations are unprepared for proposed manslaughter bill
Just over half (51%) of organisations are not prepared for the Corporate Manslaughter and Corporate Homicide Bill, yet over a third (38%) think that it will affect them when it comes into force. The Bill is due to come into effect from 1 July.A further 48% that are aware of ...
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Article
JVC switches to green cars
JVC has changed its contract hire provider to encourage more of its 120 fleet drivers to use environmentally-friendly cars.Its new provider, Tuskerdirect, offers cars that emit no more than 169g of carbon dioxide per kilometre, which meets the requirements of the electronic firm's environmental policy. An online tool enables JVC's ...
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Article
Hybrid vehicles can reduce company's tax load
Company car tax is increasingly based on green credentials, so hybrid vehicles can lighten an organisation’s tax load, says Jenny KeefeWhile Leonardo DiCaprio is frequently snapped driving around LA in his eco-friendly Toyota Prius, hybrid cars are still a rare sight in UK car parks. Yet picking a hybrid can ...
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Article
Vigilance needed when vetting overseas driving licences
Employers should carefully check the driving licences of foreign staff who are eligible for company cars in the UK or they may risk prosecution if these are subsequently found to be invalid.Many foreign drivers are thought to be on the roads illegally because employers have no robust procedures to check ...