Everything you wanted to know about business mobility (but didn’t know who to ask)
“Business Mobility” is a hot topic. Whole swaths of the fleet industry are refining their propositions around the term. Leasing companies such as Alphabet have repositioned themselves as “business mobility partners”, while the CEO of SIXT suggests customers are not concerned about the method of transport, as long as they get quickly and conveniently to their destination.
What is mobility? And what does it mean for your business?
Traditionally, company car fleets have been the answer to an organisation’s business mobility requirements. But as the approach to mobility is drawn into sharper focus, the company car is rapidly becoming only one part of a broader mobility mix.
Several key macro factors are influencing the mobility landscape across Europe, and the market is responding with a raft of mobility start-ups and new product development from mature suppliers.
The very real threat of vehicular access bans within inner cities is forcing companies to reconsider how their people move around their territories. This, coupled with the changing attitude of millennials (under 35) toward mobility, has resulted in mobility products based around reducing the size and number of cars, and switching people into car sharing schemes, public transport and cycling.
Mass digitisation of society has also influenced the way in which people travel, and the introduction of Mobility as a Service (MaaS) has allowed travellers to consider transport as something they purchase when it is needed, rather than having permanent car ownership. Indeed, a recent study by ALD Automotive found that 50 per cent of Europeans consider car ownership as non-essential.
Wider factors influencing change
In addition to the changing attitudes of society at large, several market forces are also influencing the way in which companies are dealing with mobility. The reduction of cost is an ever-present challenge and understanding the efficiencies of how a company moves its people is essential to this task. Reviewing total cost of mobility, rather than managing the car fleet in isolation and reviewing total cost of ownership, is an increasingly popular practice among many European companies.
The review of the mobility category as a whole, rather than in silos of car fleet, business travel and expenses, also helps a business calculate its total CO2 emissions attributable to transport, as well as understand the efficiency of travel and employee productivity.
Recruiting the brightest new talent remains very difficult and as the younger generation move into more senior positions, new mobility solutions can exploit their changing attitude and be used as an attractive recruitment tool.
Understanding what mobility means for your business
Although there is a noticeable market shift toward mobility, many organisations still do not understand what it means and how it can help their business. To assist companies with this change Fleetworx has created a straightforward guide to the services that make up business mobility, what it means for your business and how to introduce it.
To get your free copy of Employee Mobility: everything you wanted to know about mobility or call Graham Rees or Tom Osborne on 01926 353 300 to discuss how mobility may work in your business.
This sponsored article was provided by Fleetworx.
Read the next article
- Benefits Technology
- Business mobility
- Bonus & Pay Sponsored by Innecto
- Company Cars
- Employee Engagement Sponsored by Aon Employee Benefits
- Employee Share Plans
- Financial Wellness Sponsored by Salary Finance
- Flexible Benefits
- Group Risk Insurance Sponsored by Aviva
- Health & Wellbeing Sponsored by Health Shield
- International Benefits
- Reward/benefits strategy
- Staff Motivation
- Tax Efficient Benefits
- Total Reward
- Voluntary Benefits
- Workplace Pensions Sponsored by NEST
- Future Predictions
- Workforce Demographics
- For SME employers Sponsored by Busy Bees Benefits
- Research reports
- REBA news round-up
- REBA professional members
- REBA news
- REBA training
Sign up for REBA Professional Membership and join our community
Professional Membership benefits include receiving the REBA regular email alert, gaining access to free research and free opportunities to attend specialist conferences.
Professional Membership is currently complimentary for qualifying reward and benefits practitioners.Join REBA today