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Exclusive: 62% of staff incentivised by benefits through salary sacrifice scheme
Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its ...
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HMRC to clamp down on misapplied childcare scheme
HM Revenue and Customs (HMRC) is clamping down on employers that may have wrongly used a government benefit to reduce childcare costs for staff.Using salary sacrifice via a government childcare support scheme, employees’ nursery fees are deducted from their salary, meaning staff pay lower tax and national insurance contributions on ...
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The top 10 most read articles between 12 - 18 July 2024
The top 10 most read articles between 12 - 18 July 2024 on employeebenefits.co.uk were: BT Group to roll out new family leave policyKing’s Speech introduces mandatory ethnicity and disability pay reportingEmma Reynolds named pensions ministerKing’s Speech introduces Employment Rights BillUtility Warehouse introduces personalised financial education for employeesGusto Group to ...
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Company car schemes increasingly opt for electric vehicles
Credit: muk woothimanop/ShutterstockA third of UK organisations which intend to review their company car programme in the next 12 months plan to introduce more environmentally friendly vehicles into the schemes, according to research by Willis Towers Watson (WTW).Its Company car benefits survey report, which surveyed 1,610 UK organisations across ...
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XPO Logistics introduces electric vehicle and hybrid salary sacrifice scheme
Logistics solutions provider XPO Logistics has launched an electric vehicle (EV) and hybrid salary sacrifice arrangement for its UK employees.Through the scheme, which is provided by vehicle leasing firm Arval, employees will be able to access competitively priced cars, which saving on income tax and national insurance contributions. Additionally, the ...
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The Perkbox Vivup Group to acquire Let’s Connect from Personal Group
The Perkbox Vivup Group is to acquire technology salary sacrifice benefits provider Let’s Connect from workforce benefits and services firm Personal Group.Let’s Connect’s team, which has a number of partners, and public and private sector clients, will blend into Perkbox Vivup’s operating structure and join its culture.According to Perkbox Vivup, ...
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Royal Mail Group launches company car salary sacrifice scheme
Royal Mail Group has introduced a company car salary sacrifice scheme for its more than 120,000 employees in order to support its commitment to achieving net-zero emissions by 2040.Through a partnership with Novuna Vehicle Solutions, the group’s employees will have access to new and used low-emission and electric vehicles (EV) ...
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FitFlop introduces salary sacrifice nursery scheme
Credit: Ritu Manoj Jethani/ShutterstockFootwear brand FitFlop has introduced a salary sacrifice nursery scheme for its 165 UK employees in order to help them save money on childcare fees.The scheme, which is offered in partnership with WorkPlace Nursery, will enable employees to pay for nursery fees through a deduction from their ...
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The top 10 most-read articles between 23 - 29 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 23 - 29 February 2024 were: Marks and Spencer enhances pay and family leave policiesExclusive: Central Co-op introduces electric vehicle salary sacrifice schemeLondon Underground staff accept improved pay offerNew Look implements HR and payroll processes platform75% of Gen Z staff advocate for ...
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Exclusive: Central Co-op introduces electric vehicle salary sacrifice scheme
Retailer Central Co-op has launched an electric vehicle salary sacrifice scheme as part of its ongoing commitment to sustainability.Through the scheme, which is provided by Octopus Electric Vehicles, Central Co-op's company car drivers and car allowance recipients can select a brand-new electric car with no upfront costs. The scheme also ...
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Dexters introduces bikes-for-work scheme
Credit: Petra Figueroa / Shutterstock.comLondon-based estate agents Dexters has launched a bikes-for-work scheme for its 2,000 employees.Through the scheme, which is provided by micromobility platform Forest, Dexters' employees will be able to take out a monthly e-bike subscription for £29. This works out as approximately £1 per day if they ...
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Learnd launches electric vehicle salary sacrifice scheme
Learnd has introduced an electric vehicle (EV) salary sacrifice scheme for 200 eligible employees.The scheme, which is provided by fleet management firm Gofor, was rolled out to employees via a webinar. Learnd staff can view a wide choice of EV options to cater for a range of budgets, including the ...
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Buyer's guide to home technology schemes
What are home technology schemes? A home technology scheme allows employees to purchase a new piece of technology and spread the cost through monthly payments. Employees are able to purchase things like smartphones, tablets, televisions, smart watches and fitness trackers, as well as large and small domestic ...
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The top 10 most-read articles between 20 - 26 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 20 - 26 October 2023 were: KPMG implements pay freeze for some employeesLiving wage rates rise to at least £12 an hour59% of British workers feel unhappy with their benefits packagesCottesmore School appoints AI principal headteacherSixth form college staff accept pay riseExclusive: ...
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Triton Construction implements EV salary sacrifice scheme
West Yorkshire-based building contractor Triton Construction has implemented an electric vehicle (EV) salary sacrifice scheme for its 70 employees.Through a partnership with Carmyke Leasing, an appointed representative of Fleet Alliance, Triton employees will be able to choose a brand new EV with low benefit-in-kind rates, zero emissions, all service, maintenance ...
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The top 10 most-read articles between 13 - 19 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 13 - 19 October 2023 were: Tribunal rules Starling Bank must pay £1.1m following health-related dismissalGo North East bus workers continue strike over pay rowThe Co-Operative Bank introduces free period products for staffEmployee Benefits Live 2023 speaker slidesExclusive: Vertas Group introduces staff ...
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Xtrac launches electric vehicle salary sacrifice scheme
Credit: Just Jus / Shutterstock.comXtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme.The Thatcham head-quartered business decided to implement the scheme to encourage its more than 440 permanent part- and full-time UK ...
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Pitchup launches bikes-for-work scheme for staff
Pitchup, an online booking site for UK and Europe outdoor holidays, has introduced a tax-free bikes-for-work scheme for its employees.Provided by Gogeta, the new cycling platform will allow Pitchup’s more than 50 employees to apply for and buy bicycles such as road bikes, cargo and e-bikes, as well as cycling ...
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The top 10 most-read articles between 29 September - 5 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 29 September - 5 October 2023 were: Aon enhances menopause and fertility employee benefitsExclusive: Marks and Spencer introduces free staff physiotherapyNational living wage to rise to at least £11 per hour in 2024Employee Benefits Live welcomes delegates to ExCeL LondonStandard Chartered launches ...
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Standard Chartered launches electric and hybrid vehicle salary sacrifice scheme
Credit: MOZCO Mateusz Szymanski / Shutterstock.comBanking organisation Standard Chartered has introduced an electric and plug-in hybrid vehicle salary sacrifice scheme for all of its UK-based employees.Delivered in partnership with Tusker, the scheme provides the bank’s more than 2,500 members of staff with access to plug-in hybrid and electric vehicles that ...