Is your grey fleet about to explode?

Story from Driving for Better Business.

COVID-19 will have many long-lasting effects on how we manage those who drive for work – and not least on those who have to travel on business but don’t have a company car.

With all but non-essential business travel curtailed over the last three months, we were forced to work from home where we could and use a variety of video conferencing platforms to stay in touch. Many businesses have reported that they fully intend to continue with this new way of working because their staff have proved to be more productive with the travel element removed from their daily lives, and this has certainly been the case for the team at Driving for Better Business.

The financial benefits are potentially enormous, with less office space required, much smaller utility bills, less need for expensive office furniture and the obvious reduction in travel and subsistence costs. Productivity should continue to remain high because staff with a long commute will be less fatigued and more alert, while those who used to travel a lot will regain all the time they previously spent stuck in traffic jams.

All of this is really good news. With heightened concern over the economic damage wrought by the lockdown, firms are understandably focused on controlling costs more than ever and creating lean businesses that have the best chance for survival as the economy recovers.

There is one glaring problem, though, that is potentially going unrecognised is boardrooms across the country and creating significant business risk, as well a new and uncontrollable cost element – and that is the group of employees I mentioned at the start who use their own cars for work – your grey fleet.

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