Insurer Axa offers all its employees the opportunity to have a company car, using three funding methods: employee car ownership, contract hire and a salary sacrifice scheme.
The organisation also offers staff a cash allowance towards the cost of a car for those that need it for work, as well on those at a particular employee grade in the organisation.
As well as the car scheme, Axa offers staff a range of travel-related benefits, including bikes-for-work through its flexible benefits platform, flexible or home-working opportunities, and support and guidance on safe driving for work, which includes journey planning.
Nadeen Jackson Barker, reward consultant at Axa, says: “It is really about being as flexible as possible, and recognising that we’ve got quite a diverse workforce, and that no one solution would fit both business and private needs, in the most efficient and cost-effective way possible.
“There is definitely a very green agenda behind our travel policy. All our [cars] are low carbon dioxide (CO2), so individuals pay a contribution that is equal to the benefit-in-kind. In times that are quite austere, people are looking for the most affordable option, and it’s the lower CO2 cars that fit in that category.
“Duty of care is a big issue for us, so we have a robust process in place to ensure those [employees] that are using their private [cars] are adequately checked and that the cars are roadworthy and in good condition.”