Is Your Employee Benefits Offering Adequate? What HR Needs to Know about Car Benefits Programmes

Simon Carr of nlc, a sponsor company at the marcus evans HR Summit 2015, on why HR should consider providing Vehicle Staff Benefits to employees.

LONDON, Mar 2, 2015 - (ACN Newswire) - "Human Resources (HR) must consider the changing desires of their current staff and future workforce with regard to remuneration, reward and recognition programmes they will need, and structure an employee benefits package with a few high impact and broad appeal benefits offerings at the core, then build out with the specialist ones that meet the key groups they want to attract, retain and develop," advises Simon Carr, GM of Business Development, nlc.

"When considering the big benefits, choose those that have high employee impact and low or reduced cost impact on the organisation. Vehicle salary packaging is one that fits this bill," he adds.

nlc is a sponsor company at the marcus evans HR Summit 2015, in the Gold Coast, Australia, 23 - 25 March.

- How can the HR department better retain and reward valued staff?

It is becoming increasingly common for staff to look for more flexibility in how they can shape their own remuneration and reward packages, and vehicle salary packaging is a very significant high impact component of the suite of options employers and HR staff should add to their tool kit.

With this in mind, nlc revamped its service offering to deliver better staff benefits and more effective car finance and management options.

- What benefits do employees value the most?

There is no silver bullet. It depends on an employee's life or career stage. Organisations need to have a mix of benefit solutions that have broad appeal and take up alongside a mix of other more tailored benefits for key segments of their employee base. Because of the tax savings and convenience, novated lease is a very popular benefit when offered alongside enhanced superannuation and health insurance.

- How does this offering boost workplace productivity and sales, and help the organisation meet its business agenda?

In the competitive arena of attracting and retaining talent, but not blowing out salary/wage growth, benefits like vehicle salary packaging are a very real way to effectively increase take home pay, deliver an easy and affordable way to fund a new car, and as a result increase the stickiness of talented employees with a tangible benefit.

- What is unique about your new offering?

With over 24-years' experience in car finance and ownership solutions to many of Australia's largest corporations, we deliver our business clients and their employees unmatched service, ease and real savings - that is what sets us apart in the industry.

We have expanded our existing service offering of vehicle salary packaging to include car purchase, trade-in, post-tax finance options such as car loan or chattel mortgage, and car management. We provide employees access to our exclusive fleet buying power, a better price on their next car, and also save them time, money and stress by negotiating on their behalf. We also organise test drives, purchase, paperwork and delivery. This value proposition is attractive across the employee spectrum, often complementing the differing needs of the generations.

About the HR Summit 2015

The 11th annual HR Summit is the premium forum bringing elite buyers and sellers together. The Summit offers chief HR executives and service and solution providers an intimate environment for a focused discussion of the key new drivers shaping corporate priorities and HR strategies. Taking place at the RACV Royal Pines Resort, Gold Coast, Australia, 23 - 25 March 2015, the Summit includes presentations on attracting, empowering and retaining the finest talent, shaping a productive culture, mastering workforce planning, and uncovering innovative tools.

For more information please send an email to press@marcusevanscy.com or visit the event website at www.hranzsummit.com/SimonCarrInterview

marcus evans group - hr sector portal - www.marcusevans.com/reviews/human-resources

The HR Network - marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations.

- LinkedIn: www.linkedin.com/groups?mostPopular=&gid=3801684&trk=myg_ugrp_ovr- YouTube: www.youtube.com/MarcusEvansHR- Twitter: www.twitter.com/meSummitsHR- SlideShare: www.slideshare.net/MarcusEvansHR

Please note that the Summit is a closed business event and the number of participants strictly limited.

About nlc

nlc is a premium novated leasing and salary packaging specialist, providing services to more than 400 corporate and government clients throughout Australia for over 24 years. With over 20,000 managed nlc cars on the road right now, we understand that a comprehensive car benefit program is central to a wider staff benefits package - allowing our clients to increase the value of remuneration, at no extra cost to the organisation.

We offer solutions for all individuals and businesses, combining our industry experience with true automotive know-how to deliver our clients unmatched service, ease and real savings. For more information about the vehicle staff benefits, contact nlc Corporate Sales team on 1800 643 044 or email corporatesales@nlc.com.au. www.nlc.com.au.

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit www.marcusevans.com.

- Twitter: www.twitter.com/meSummitsGlobal - YouTube: www.youtube.com/user/MarcusEvansGroup - SlideShare: www.slideshare.net/MarcusEvansSummits

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Source: marcus evans Summits

Contact:

Sarin Kouyoumdjian-Gurunlian
Press Manager, marcus evans, Summits Division
Tel: +357 22 849 313
Email: press@marcusevanscy.com

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