One way of achieving this is through salary sacrifice schemes, well known schemes include childcare vouchers and cycle to work, there are also many other uses for salary sacrifice, in this article we cover some of the essential considerations when implementing an electric car leasing scheme. To implement a salary sacrifice scheme the employer needs to ensure the following: 

• Change the terms of the employee’s employment contract and employee needs to agree to this change. 

The changes should be clear and understandable. 

• The change in salary cannot be applied to the salary retrospectively 

• The changes should be shown on the employee’s payslip 

• Check with HMRC that the scheme has been implemented correctly and is approved 

• Consult with pension providers on the effect the salary sacrifice will have on pension contributions and 

particularly if the employee is near retirement 

• Ensure that participation in the scheme should not reduce an employee’s cash earnings (hourly rate) to 

below the National Minimum Wage 

• Clarify how other pay and benefit elements will be calculated e.g. overtime, pay rises, pensionable pay, 

ideally this should be notional pay (before the salary sacrifice came into effect) 

• Make it clear that the reduced salary level does have to be used for the calculations for an employee’s 

statutory payments (such as statutory maternity, paternity, shared parental, adoption and sick pay) 

. Despite this understanding employee learning is limited to compliance training only, with little or no commit to investing in employees beyond this. Usually this decision is due to limits in financial resources or lack of understanding of how learning can transform their businesses. With this in mind we have put together some practical advice on how businesses may overcome these limits and be more innovative about how they can translate learning into business results. 

 

Firstly, it is important to understand where it is suggested learning takes place using the 70:20:10 model: 

 

As shown, this particular model suggests that most learning takes place through practice and experience rather than through formal training courses. This is important as it enables any business to invest in their employees by providing them with continuous opportunities to learn at work. To achieve this continuous learning employers can adopt the following: 

• Create time in the working day for other activities that can help reduce stress. 

• Take time out to rest after busy periods: take regular breaks and use your annual leave entitlement. 

• Don’t work when you’re unwell. 

• Avoid working excessive hours or emailing employees outside working hours. 

• Encourage your team to do the same. 

 

• Are you fair, open, and consistent? If so, your team is more likely to cope well under pressure. 

• Do you regularly give positive and constructive feedback? 

• Are you approachable and comfortable having sensitive conversations? 

• How do you handle conflicts or cases of bullying/harassment? 

• Do you adapt your management style to suit the needs of individuals? 

• Do you give your team members as much autonomy and support as you can? 

• Do you communicate change effectively and support your team through it? 

• Do you give people who work alone or in the work environment opportunities to form relationships with others? 

Now is the time for companies to get ready to survey their employees to not only gain their place on the Times Top 100 companies list, but to also understand what their employees think about their working lives. 

 

We can all agree that highly engaged and motivated people are the most productive and successful. 

 

So why do some company owners believe that understanding what their employees think is important and others don’t? 

 

There are obviously lots of reasons, ranging from 'we just don’t care', to 'we would if we had the time and the money'.  

 

Some companies, on the other hand, have an employee survey but choose not to do anything with the results, the survey is simply a tick box exercise.