The Editor’s View
IT comes as little surprise to the Digest that the results of a new survey reveal that cash for car schemes are falling out of favour. Ever since cash alternatives to the company car first started to be discussed in detail – perhaps with the advent of the so-called Whitechapel scheme in the mid-1990s – the value of them has been questionable. That is not just the financial cost to both employees and employers but also the cost of administration from the company viewpoint.
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