All Company cars articles – Page 8
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Analysis
What are the latest trends in staff travel?
Need to know:The changes to salary sacrifice arrangements that impact car schemes offered on this basis may have changed some employees’ attitudes to cars, but promoting green cars is an option for employers.Employers can support the implementation of electric and hybrid cars by investing in charging points.Changing working practices, such ...
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Article
Government to end the sale of petrol and diesel cars by 2040
The government has confirmed that it will end the sale of all new conventional petrol and diesel cars and vans by 2040 in order to tackle air pollution levels.The UK plan for tackling roadside nitrogen dioxide concentrations, produced by the Department for Environment, Food, and Rural Affairs (Defra) and the ...
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Article
Government to invest in battery technology and autonomous vehicle development
The government will invest £246 million into the research and development of battery technology and £25 million into connected and autonomous vehicle development.The four-year £246 million investment, known as the Faraday Challenge, will form a key part of the government’s industrial strategy, which aims to tackle long-term challenges in the ...
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Article
Poll: 23% cite staff demand as reason to offer driverless vehicles as company cars
Employee Benefits poll: Less than a quarter (23%) of employer respondents cite employee demand as a factor that would influence their decision to include driverless vehicles in company car schemes.A poll of www.employeebenefits.co.uk readers, which received 31 responses, also found that 26% of respondents view duty of care and safety ...
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Article
WESC Foundation launches salary sacrifice car scheme
Visual impairment services organisation the WESC Foundation has introduced a salary sacrifice car scheme for its 240 Devon-based employees.The organisation launched the Lifestyle Lease scheme, provided by Maxxia, in June 2017 in order to extend the range of benefits available to staff.The scheme enables the lease agreement to be made ...
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Article
25% cite a company car as the deciding factor when taking a job
A quarter (25%) of employee respondents cite access to a company car as the deciding factor when taking a job, according to research by vehicle supply organisation OSV.Its survey of 676 employees and 180 employers also found that 54% of employee respondents view a company car as the best benefit ...
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Article
EXCLUSIVE: 54% offer a car allowance
EXCLUSIVE: More than half (54%) of employer respondents offer a car allowance, compared to 45% in 2016, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that almost all (97%) of those respondents that offer a ...
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Analysis
What will company car schemes of the future look like?
Need to knowThe government is investing in both electric vehicle (EV) and autonomous vehicle (AV) technologies and infrastructure.However, electric vehicles will not take off until concerns about the distance these are able to travel between charges is fully overcome and employees also accept a change of driving mindset.There are a ...
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Analysis
Infographic: The car benefits currently offered by employers
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Case Studies
Panasonic provides electric company cars and free charging points to employees
Almost 20% of electronics manufacturer Panasonic’s 170-strong UK company car fleet is made up of hybrid or electric vehicles (EVs), supplied through provider Alphabet on a contract hire or salary sacrifice basis.Yet, while very much an evangelist for electric vehicles, Jason Plummer, senior manager at Panasonic, concedes electric is not ...
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Supplier article
Electric vehicles and benefits schemes
Electric vehicles are nothing new, but it’s taken several decades for them to reach the tipping point to become a viable alternative to traditional fuelled vehicles. Political, economic and practical limitations have until recently consigned electric propulsion to the more specialist and obscure vehicles.But are we finally about to see ...
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Article
London Ambulance Service and Nottingham City Council shortlisted for staff travel benefits
London Ambulance Service NHS Trust and Nottingham City Council (pictured) have been shortlisted in the best staff travel benefits category at the Employee Benefits Awards 2017.This award recognises the most effective use of benefits for staff travel and car schemes.The full category shortlist is:London Ambulance Service NHS Trust (Entered by ...
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Opinion
Susan Ball: What do the changes to salary sacrifice mean for employers?
With publication of the Finance Bill, the final legislation around changes to salary sacrifice is now available, and considerably more pages have been added. Given the volume of additional legislative text, coupled with the short timeframe between publication and the 6 April 2017 effective date, employers face significant practical difficulties ...
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Article
41% want to receive childcare vouchers through salary sacrifice
Two-fifths (41%) of respondents want to receive childcare vouchers via a salary sacrifice arrangement as part of their employee benefits package, according to research by Sodexo Benefits and Rewards Services.Its survey of 1,000 employees also found that 51% of respondents want to contribute to their workplace pension through a salary ...
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Article
32% take part in company car schemes to drive a better car
Around a third (32%) of respondents cite the ability to drive a better car as their reason for taking part in a company car scheme, according to research by Maxxia.Its survey of 207 UK employees who are part of a salary sacrifice or traditional company car scheme or who receive ...
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Article
How will the Spring Budget 2017 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered his first and last Spring Budget speech to the House of Commons on Wednesday 8 March 2017. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:The government’s tax-free childcare policy will be rolled out to parents with children ...
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Article
12% rank health cash plans as their most valued benefit
Just over one in 10 (12%) respondents rank health cash plans as their most valued employee benefit, according to research by Willis Towers Watson.Its 2017 Willis Towers Watson employee benefits and wellbeing index, which surveyed 1,123 UK full and part-time employees aged between 18 and 64 years old, also found ...
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Article
Government to invest in developing batteries for electric vehicles
Spring Budget 2017: The government will invest in the development, design and manufacture of batteries to power the next generation of electric vehicles.The investment will form part of the Industrial Strategy Challenge Fund (ISCF), which will receive an initial investment of £270 million in 2017-2018.In his Spring Budget 2017 speech, ...
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Article
EXCLUSIVE: 65% of benefits professionals do not receive a car or car allowance
EXCLUSIVE: Almost two-thirds (65%) of HR and benefits professional respondents do not receive a car or car allowance as part of their benefits package, either as a business or perk driver, according to research by Employee Benefits.The Salary survey 2017, which surveyed 249 HR, reward and benefits professionals in December ...
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Article
What impact will the Autumn Statement changes have on engagement with ultra-low emission vehicles?
Need to know:From April 2017, current tax and national insurance advantages for some company car salary sacrifice schemes will be removed, with the exception of arrangements relating to ultra-low emission vehicles.Pre-existing car salary sacrifice arrangements in place before April 2017 will be protected until April 2021.There will be new tax ...