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Opticar Fleet Management- Company Car or Cash?
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This client had a long standing fleet arrangement based on the traditional ‘company car’ using contract hire, with a dual badge policy. Many of its 400 drivers were field based and clocking up significant mileage totals. Meanwhile, operating in a highly competitive market sector with decreasing margins, the company was looking at ways to decrease overhead costs across the business. . .

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The client, a major player in the facilities management industry, was running an ECOS (Employee Car Ownership Scheme) for its 1200 drivers. Implemented 6 years previously when ECOS was at its most popular by a well known scheme provider, the company had come under investigation from HMRC over the way that it claimed tax and NI free allowances against the business mileage driven by employees. . .

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The client, operating in the civil engineering sector, wanted to significantly improve recruitment and retention rates amongst staff in a highly transient and competitive employment market. The average employment period for middle management and below was less than three years, with a negative knock-on effect on continuity and return on HR investment. . .

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The client had a long standing fleet policy based on a single badge company car platform for its 300 drivers, many of whom were field based and recording high mileages. As part of a benefits review programme it had been identified that the car scheme was seen as more of a demotivating force despite the significant cost to the company of providing it. . .

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