Business and technology consultancy Conchango ditched its company car scheme, after it became too costly and complex.
The Egham-based company, which employs 300 people in the UK, now offers authorised mileage allowances for staff (Amaps). Mike Altendorf, CEO at Conchango UK, says: “We moved to this current model from the fleet scheme because of employee tax benefits and also due to the large administration cost involved in running such a large fleet. We have an allowance system whereby each member of staff can claim their business mileage at a set rate that the company stipulates.”
Its consultants frequently rack up the miles driving to visit clients – some of the company’s recent projects include designing HMV’s new music download system and revamping the FT’s website – so are eligible for the scheme.
Altendorf adds that the new approach is far less of an administrative burden. “Employees claim mileage through the monthly expense claims system,” he explains.