Thursday, 2 July 2015

REVEALED - The current state of parking in the UK

For those of us who don’t have the luxury of free allocated parking at the workplace, finding somewhere safe and cost-effective is a daily struggle. Whether purchasing an annual pass or using alternative means, the cost of parking can reap havoc with your salary, leaving workers considering other job opportunities due to the limit in their budget.

And this problem hasn’t gone unnoticed in some areas of London, where homeowners are renting out their drive space to struggling commuters.

Staffordshire employee benefits firm, Busy Bees Benefits has released an infographic revealing the current state of parking in the UK. The infographic has a particular focus on parking at work - revealing the West Midlands as the worst affected area in the UK, despite London being the most expensive.

Using research supplied by This Is Money, TransportXtra and Chaucer Direct, the infographic perfectly summarises the difficulties commuters face on a daily basis. With one third of British workers claiming that parking is too costly and insufficient, employers are now being urged to take more responsibility when it comes to employee parking conditions.



However, all is not lost. The Workplace Parking scheme offered by Busy Bees Benefits can help to eliminate the high costs of parking by sacrificing a select amount of your monthly salary. Using the scheme, savings can be as high as 42% for employees, whilst their employers save 13.8% on the cost of National Insurance.

“Our aim is to help remove the expense and difficulty of parking in the UK,” commented John Woodward, CEO of Busy Bees Benefits. “It’s evident that there is a real problem here and if employers want to keep their staff, they need to help fix it.

“The Workplace Parking scheme enables employees to park at a designated car park no more than 2 miles away from their place of work, thanks to HMRC regulations. This in turn reduces the risk of lateness and absenteeism - and best of all, there’s no need to carry coins around or to keep popping out to top up a parking meter.

“It’s a win-win situation for employers – savings are made, employees are happy and the workforce is more productive as a result. Hopefully, the next time we release an infographic on parking, the situation will have changed drastically for the better!” he concluded.

Anybody interested in the scheme can contact Busy Bees Benefits on 0330 333 9100 or on employer@busybeesbenefits.com.

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