What would you do... Company Cars...

What would you do... Company Cars...

Author
Discussion

Donatello

Original Poster:

1,035 posts

162 months

Tuesday 13th September 2011
quotequote all
Scenario:

I work as an employee in a junior management role for a company that isn't booming, but is surviving in tough times.

I have been put in a group with other managers and we have basically been given the role of 'Strategy Team' and we have been tasked to come up with ways to improve business, with regular meetings for us to discuss ways to improve all areas of the company.

They mention wanting to be a little tighter with the finances and keep looking at ways to cut back without upsetting staff or customers. Now here is the bit that makes me laugh...

5 DIRECTORS ALL DRIVE COMPANY CARS AND EARN THE HIGHEST WAGES!!!

If they are serious about cutting back, surely the luxury of a company car is forfeited and they use their impressive wages to run a car! I manage on my st wage, so should they as far as I am concerned.

How would you bring this up as I think it is ridiculous that they put us together, reject pay rises etc... task us to help them and won't even help the company themselves....

Mini, crap rant over smile

tonym911

16,613 posts

206 months

Tuesday 13th September 2011
quotequote all
Good luck with that one, first though make sure that the turkeys are voting for Christmas.

okgo

38,189 posts

199 months

Tuesday 13th September 2011
quotequote all
I don't know the ins and outs of tax but I'm sure there will be more effective ways of cutting costs than looking at 5 company cars, unless they're very extravagant...

Donatello

Original Poster:

1,035 posts

162 months

Tuesday 13th September 2011
quotequote all
They are not extravagant in the slightest... rather dull and boring executive saloons really. That isn't my point though.

If they are looking at the company and thinking 'We need to reduce our outgoings a little and get control of what we are spending' then surely they should say 'Company cars are luxuries we can't afford, get rid and use the £XXXX a month towards a new member of staff'...


okgo

38,189 posts

199 months

Tuesday 13th September 2011
quotequote all
What I am saying is that they probably don't cost as much as you think.

MKnight702

3,112 posts

215 months

Tuesday 13th September 2011
quotequote all
Plus, if the Directors sacrifice the company car, I would expect them to take a cash rise instead. Or are you trying to suggest that the company should save money by cutting the Directors pay? (cars effectively form part of pay).

Instead, try looking at where the largest spends are and see what can be done to reduce them. If you spend a large % of the total with one supplier try for a rebate, if you spend a large amount on cutting tools see if you can utilise more durable tools etc etc. Don't go in there with the "you earn a lot, why can't you take a pay cut" approach, it just sounds like sour grapes.