Companies are losing control with cash allowance

>>Companies are losing control with cash allowance

A key area of the grey fleet market that is frequently overlooked is the way it’s being fuelled by a growing tendency for cash allowances to be offered to employees.

Employees often see a cash allowance as a win-win situation; if they do already have a car in the household, it makes running it appear more economically viable. More commonly, and no longer subject to company car policy, they will choose the vehicle they really want to drive which may be older, less fuel efficient and therefore have a greater environmental impact.

But cash allowance is a phenomenon which, says Ian Featherstone from the Energy Saving Trust, is potentially problematic.

Ian thinks that, by shifting responsibility for a vehicle used on company business to the employee, the company loses a large element of control – control that is essential for monitoring safety, emissions and compliance.

You can Ian’s full article in our Grey Fleet Review

Ian Featherstone
Account Manager, Supply Chain
Energy Saving Trust
www.energysavingtrust.org.uk

Our Grey Fleet Review contains the following articles:

John Prior – Chair, ACFO
A new word has entered our lexicon and it is ‘Mobility’

Simon Turner – Campaign Manager, Driving for Better Business
Has Britain begun to change its travel habits? Does grey fleet have a future?

Stephen Briers – Editor-in-Chief, Fleet News
Far too few companies manage their grey fleet drivers adequately.

Can You Really Ditch Your Grey Fleet?
Enterprise show how it could save you time and reduce both costs and emissions.

On a Wing and a Prayer
Research shows that grey fleet drivers across Europe are not undertaking basic vehicle maintenance.

New BVRLA strategy to address grey fleet problem
Excessive costs and emissions means grey fleet is an issue that needs to move with the times.

Out of Control
Companies are losing essential controls for monitoring safety, emissions and compliance.

Why your true grey fleet may be bigger than you think
Many businesses with active grey fleets simply do not realise the level of responsibility they have.

1 in 5 Drivers Fail Insurance Checks
Expenses experts Selenity found 21% of grey fleet drivers are failing insurance checks and may not be eligible to drive for work purposes.

How do our Champions manage Grey Fleet?
Examples of how a selection of our Driving for Better Business Champions manage their grey fleet.

Go here for the Driving for Better Business Grey Fleet Review

By |2018-12-04T20:48:46+00:00December 5th, 2018|DfBB Articles|