All Tax-efficient benefits articles – Page 15
-
-
AnalysisHow to breathe new life into car salary sacrifice schemes
If you read nothing else, read this…Refreshing a scheme will first require reassessing the initial principles for offering it.Car salary sacrifice schemes offer staff an all-inclusive package with a brand-new car, servicing and maintenance, road tax and insurance.Advantages, such as the ability to reduce their carbon footprint, need to be ...
-
AnalysisHow employers are using data to inform flexible benefits schemes
If you read nothing else, read this…Employers can use flexible benefits scheme data to assess how well their scheme supports their organisation’s business objectives.But they need to ascertain from their flex providers and benefits consultants the range of data that is available on their scheme, plus the format in which ...
-
ArticleBuyers' guide to bikes-for-work schemes
The facts:What is the bikes-for-work scheme?It is a tax-exempt scheme that encourages staff to cycle to work to promote healthier lifestyles and reduce environmental pollution. It enables employers to fund bikes and safety equipment and loan them to workers tax free.Where can employers find more information?Additional information can be found ...
-
ArticleSantander to discuss salary sacrifice cars at Employee Benefits Connect
Santander will discuss the evolution of salary sacrifice cars at Employee Benefits Connect on 4 March 2015.The session, ‘The evolving world of salary sacrifice cars- now and in the future’, will focus on the future of car salary sacrifice schemes and how communication methods are changing and influencing employee engagement.Attendees ...
-
ArticleClyde and Co boosts payroll giving take up
EXCLUSIVE: Clyde and Co has increased take up of its workplace giving scheme after launching a campaign to encourage more employees to give money to charity through payroll.The law firm launched a campaign at the start of January 2015 after identifying that its take up was not as high as ...
-
ArticleRamsay Health Care launches salary sacrifice car scheme
Ramsay Health Care UK has launched a salary sacrifice car scheme for 3,000 eligible employees. The provider of independent hospital services in England will offer the scheme to staff working in 36 of its private facilities.It added the scheme to its existing benefits package to assist with attracting new employees, ...
-
AnalysisTop tips for boosting take-up of car salary sacrifice schemes
If you read nothing else, read this…Employers should have clear objectives for their scheme. Scheme risks include the early termination of contracts.Staff may be more engaged with a scheme that offers low CO2-emission cars .Offer a wide range of cars They can start by offering employees a wide range of ...
-
ArticleEmployee Benefits digital magazine – January 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links to the right under ‘Related articles’ (these articles will go live in stages during January 2015).There is a growing trend among employers to transform reward and pensions specialist ...
-
ArticleEmployee Benefits digital magazine – January 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links to the right under ‘Related articles’ (these articles will go live in stages during January 2015).There is a growing trend among employers to transform reward and pensions specialist ...
-
ArticleNewcastle upon Tyne Hospitals increases car plan take up
Newcastle-upon-Tyne Hospitals NHS Foundation Trust has seen increased take up of its salary sacrifice car scheme.Some 8% of more than 9,600 employees who are eligible for the scheme, which is provided by CPC Drive in partnership with Tusker, have taken up the option to purchase a car.This equates to 645 ...
-
AnalysisTop five tips for implementing car salary sacrifice
For employers that are thinking of implementing a car salary sacrifice scheme in their organisation, here are five top tips for getting it right.1 Be clear on your objectives This may sound simple, but many organisations move straight into the provider selection process without first being clear about their own ...
-
ArticleBernard Matthews launches car salary sacrifice scheme
Bernard Matthews Farms has launched a car salary sacrifice scheme.The scheme, which is provided by Pendragon Contracts, is capped at CO2 emissions of 110g/km and by P11d values, offering a range of cars aimed at encouraging staff to choose cars with lower emissions that will maximise savings and aid employee ...
-
VideoVIDEO: David Hosking: Car salary sacrifice success depends on communication
A clear and concise communication strategy is vital to boost the success of a salary sacrifice car scheme, according to David Hosking, chief executive of Tusker, in an interview with Clare Bettelley, associate editor at Employee Benefits. At the Employee Benefits Fleet debate in August, Hosking said: ”[Employers] have to ...
-
OpinionClaire Evans: Designing and marketing an effective car salary sacrifice scheme
Making company cars available to all employees via a salary sacrifice scheme is a popular way for organisations to enhance benefits packages.Lease providers should offer their expertise and support to employers considering a salary sacrifice scheme at every stage of the process, from initial policy designs through to a campaign ...
-
AnalysisWhat the future holds for company car schemes
If you read nothing else, read this…Mobility and flexibility will be at the heart of future fleet schemes.Employers must be mindful of the cost-conscious Generation Y.Mobile apps will help staff service their vehicles while on the road. Mobility and flexibility will be at the heart of future fleet schemes, according ...
-
AnalysisAre salary sacrifice car schemes worth employers' efforts to implement?
If you read nothing else, read this…Salary sacrifice car schemes offer staff access to a brand new car and ongoing support and maintenance in return for sacrificing a portion of their gross salary. Employers and employees can make big tax and national insurance savings. Scheme communications must highlight employees’ benefit-in-kind ...
-
ArticleUniversity of Birmingham launches car salary sacrifice
The University of Birmingham has launched a car salary sacrifice car scheme for its 6,500 members of staff.Through the scheme, which is provided by SGFleet, employees can take up a fully maintained and insured car, with savings available through tax and national insurance efficiencies, as well as corporate discounts. The ...
-
ArticleClare Bettelley: Company car schemes can be easy to implement
And this is particularly the case with company car schemes, because of the perceived work required by employers to identify which employees they should, and can afford to, offer the perk.This suggests two things: that they have had a bad experience with a service or service provider in the past, ...
-
VideoVIDEO: Andrew Kirby: Car schemes can help employers reduce costs
Company car schemes are a useful tool with which employers can add value to their benefits package, as well as reduce their costs, according to Andrew Kirby, commercial director, employee benefits, at Zenith in an interview with Clare Bettelley, associate editor at Employee Benefits. At the Employee Benefits Fleet debate ...