Trying to get my work to get involved with one of these schemes, but they don't seem to be interested. You'd think that a large public institution, with a staff of almost 1000, would have the capability and desire to promote green transport and keep their staff happy? No no... This was the latest reponse:
"Generally our experience with salary sacrifice schemes in the past has not been good for a number of reasons and having spoken to peer institutions we've found that they have experiences similar problems (adminstrative burdens and liabilities/lack of protection around the scheme for employees being principle among these.
With that in mind we are currently exploring the possibility of being able to extend the Interest Free loan facility, which is available to staff for the purchase of a season ticket for travel purposes, to be able to incorporate bicycle purchases."
Which sounds to me like: We can't be arsed with all the paperwork or taking on the small responsibility that it may put on us. So let's ignore the benefits and try this option which doesn't save you any tax, but might make you think that we're doing you a favour.
Trying to get my work to get involved with one of these schemes, but they don't seem to be interested. You'd think that a large public institution, with a staff of almost 1000, would have the capability and desire to promote green transport and keep their staff happy? No no... This was the latest reponse:
"Generally our experience with salary sacrifice schemes in the past has not been good for a number of reasons and having spoken to peer institutions we've found that they have experiences similar problems (adminstrative burdens and liabilities/lack of protection around the scheme for employees being principle among these.
With that in mind we are currently exploring the possibility of being able to extend the Interest Free loan facility, which is available to staff for the purchase of a season ticket for travel purposes, to be able to incorporate bicycle purchases."
Which sounds to me like:
We can't be arsed with all the paperwork or taking on the small responsibility that it may put on us. So let's ignore the benefits and try this option which doesn't save you any tax, but might make you think that we're doing you a favour.
[/rant]
Damn the HR monkeys! I want a new Bob Jackson!