Has the move to hybrid working reduced the need for company cars and car allowances? We look at the provision of travel benefits, as well as the move to more environmentally friendly options.
A key staple of many benefits schemes, travel perks offered by employers can extend from company cars to cycle-to-work schemes, and from season ticket loans to overnight stay allowances.
Travel-related perks are often a key feature of employee benefits packages, and can range from company cars to cycle-to-work schemes, and from subsidised parking to lunch allowances.
A model company car policy, which deals with taxing, insuring, repairing and maintaining the car, electing for a car allowance in lieu, and the arrangements on termination of employment..