News – Page 10
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EBECS launches salary sacrifice car scheme
EBECS has launched a salary sacrifice company car scheme.The information technology organisation launched the scheme to bolster its employee benefits package and enhance its reward strategy.The scheme was rolled out at EBECS’ three UK offices, where its provider, Pendragon Contracts, demonstrated its online driver information centre and quotation portals.The portals ...
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ArticleCycling to work more than doubles in 10 years
The number of working UK residents who cycle to work increased by 90,000 between 2001 and 2011, according to figures from the Office for National Statistics (ONS). The largest increase was in the number of London residents who cycle to work, which more than doubled in the period between 2001 ...
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Capital One raises bikes take up through EVP
Capital One has doubled the take up of its bikes-for-work scheme by integrating it in its employee value proposition (EVP).In a session titled Creating an EVP for the future: employee motivation and the role of benefits at Employee Benefits Connect on 27 February, Jill Cunnison, head of benefits and HR ...
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ArticleBuyer's guide to computer salary sacrifice schemes 2014
The factsWhat is a computer salary sacrifice scheme? The benefit, usually offered via a flexible or voluntary benefits scheme, enables employees to pay for a computer, laptop or tablet out of their gross pay, resulting in tax and NI savings for the employee and NI savings for the employer. However, ...
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Article85% see health benefits of bikes for work
More than three-quarters (85%) of bikes-for-work scheme users have noticed an improvement in their health since taking up the scheme, according to research by the Cycle to Work Alliance.The healthy commute research, which surveyed more than 18,000 employees who use the scheme and 700 employers that offer bikes for work, ...
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North Yorkshire County Council launches voluntary benefits plan
North Yorkshire County Council (NYCC) has launched a voluntary benefits scheme.The scheme, Everybody Benefits, is available to the council’s 19,000 employees through a framework agreement.The online portal incorporates lifestyle discounts from provider Xexec, as well as childcare vouchers provided by Computershare Voucher Services, a bikes-for-work scheme provided by Cyclescheme and ...
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Bikes for work take-up rises year on year
More than 164,000 employees joined a bikes-for-work schemes in 2013, according to figures from the Cycle to Work Alliance.This represents a 16.4% increase from 2012 and the biggest growth in UK employees taking up the tax-efficient benefit since 2010.Steve Edgell, director at Cycle Solutions and chair of the Cycle to ...
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ArticleBuyer's guide to bikes-for-work schemes 2014
One of the main attractions of the scheme is the tax and national insurance (NI) breaks it offers employees and employers.Employees can reduce their tax and NI liability when they buy a bike for their commute to work through a salary sacrifice arrangement. The typical saving for a standard-rate taxpayer ...
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Virgin Media partners Evans Cycles for charity support
Virgin Media has partnered Evans Cycles to support disability charity Scope.The media organisation has offered employees a bikes-for-work scheme provided by the cycling retailer as part of its voluntary benefits offering since 2011.Through the partnership, a percentage of Virgin Media’s employees’ initial bikes-for-work order has been donated to purchase a ...
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A million UK staff donate to charity via payroll giving
More than a million employees donated to charity through a workplace payroll-giving scheme in 2012/13, according to revised figures by HM Revenue and Customs (HMRC).The figures have been revised due to a change in data collection and also in the data systems of some payroll-giving agencies.The figures show that donations ...
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NHS trusts renew car schemes
CPC Drive, the NHS North of England Commercial Procurement Collaborative’s (NOE CPC) fleet management service, has re-appointed Tusker to provide lease cars, salary sacrifice car schemes and grey fleet management services to NHS trusts and other public sector bodies across the UK.Tusker, which was appointed to the framework agreement three ...
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DOD’s blog: Cycle to work safety is vital
When employers know that staff cycle to work do they do enough to promote safety on the roads, I wonder.I only ask because, although I am a strong advocate of treating staff like grown ups and not being an employer nanny, I see too many drivers and cyclists behaving in ...
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Leicester City Council launches salary sacrifice cars
Leicester City Council has launched a salary sacrifice car scheme for 13,600 eligible employees.The scheme, which is operated by Tusker, includes motor insurance, servicing and maintenance, roadside assistance, tyres and glass, plus protection against redundancy, resignation and maternity leave.Leicester City Council already provides employees with salary sacrifice arrangements on a ...
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Zenith launches electric car strategy
Zenith has launched an electric car strategy called e-motion.The strategy makes full electric, plug-in hybrid or range extenders available on its salary sacrifice and for company car schemes.It also includes:Advice to fleet managers on the use of electric cars.An online selector that determines whether or not an electric car is ...
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Cycling to work motivates employees
Employees who cycle to work are more likely to arrive motivated and happy compared to other commuters, according to research by cycling insurer Cycleguard.The research, which surveyed 500 cyclists and 500 non-cyclists, found that a quarter (25%) of employees who cycle to work arrive feeling motivated and 18% arrive feeling ...
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East Coast Mainline launches phone scheme
EXCLUSIVE: East Coast Mainline has launched a smartphone and computer scheme for its 3,000 UK employees.Since its launch in mid-September, 550 staff have taken up the offer. John Hayhurst, head of HR at East Coast Mainline, said: “It has been a real surprise. We knew it was going to be ...
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36% provide salary sacrifice car scheme
More than a third (36%) of respondents offer employees a salary sacrifice company car scheme, according to research by the Association of Car Fleet Operators (AFCO).Its research, which questioned fleet decision-makers who collectively operate more than 19,000 company cars and employ more than 100,000 staff, found that this figure is ...
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OTS prioritises ‘quick wins’ in benefits tax changes
The Office of Tax Simplification (OTS) has published a paper that prioritises its list of the 43 ‘quick wins’ around changes to the tax system in relation to benefits and expenses.The paper covers areas such as fleet management, bikes-for-work schemes and long-service awards.HM Revenue and Customs (HMRC) has undertaken an ...
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Evans Cycles to change end-of-hire process for bikes
EXCLUSIVE: Evans Cycles has changed the end-of-hire process for its bikes-for-work scheme.Employers will no longer be required to pay a nominal buy-back fee at the end of the scheme. The changes also provide employees with a free no-deposit continuation option.Mark Brown, head of business-to-business services at Evans Cycles, said: “It ...
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HMRC is top government department for payroll giving
Almost 10,000 HM Revenue and Customs (HMRC) employees donate to charity through their payroll.The UK’s tax authority, which topped a government department table with 9,493 staff donating through a payroll-giving scheme, will be awarded with a Gold Payroll Giving Quality Mark.In July, HMRC published figures that showed payroll-giving donations from ...