salaries
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Latest News 14 OctCar retail sector’s post-COVID management bonuses soared 70% in 2022
Car retail businesses drove record pay rises in 2022 with bonuses and incentives to management soaring by 70% to deliver average remuneration of £407,000, the latest BDO Salary Survey has revealed.
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Latest News 25 MarHMRC’s focus on CJRS claims could pose risk for dealers
HMCR is increasing its focus on reviewing Coronavirus Job Retention Scheme claims and there is an increased chance of motor retailers being selected for review.
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Car Dealer News 20 AugCall for more context in HMRC’s minimum wage ‘name and shame’ listings
A call for “more context” has been issued after Harratts, Marshall Motor Group and Vertu Motors appeared in the HMRC’s ‘name and shame’ list of businesses who failed to pay the National Minimum Wage.
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Car Dealer News 22 JunMarshall hands 4,000 staff 2020 'loyalty' bonus and backdated pay review
Marshall Motor Group is issuing its 4,000 staff a one-off cash "loyalty" bonus and a backdated pay review after outperforming the market as it emerged from a COVID-hit 2020.
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Latest News 11 Nov
HMRC opens Coronavirus Job Retention Scheme (CJRS) claims period
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
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Market Insight 9 Nov
Half car retail employees 'facing pay cut or freeze'
Half the UK's car retail employees have been left facing a pay cut or freeze as wages “stagnate” amid changes accelerated by the COVID-19 pandemic, BDO’s latest Motor Salary Survey has revealed.
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Latest News 5 NovGovernment extends COVID-19 CJRS furlough scheme to end of March
Chancellor of the Exchequer Rishi Sunak has extended the Government’s Job Support Scheme (JSS) to the end of March.
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Market Insight 22 Oct
Chancellor lowers Job Support Scheme criteria in updated COVID support
Chancellor of the Exchequer Rishi Sunak has broadened the scope of the Government’s COVID-19 fiscal support to businesses in the face of more wide-spread regional lockdowns.
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Market Insight 25 Sep
Could car retail bounce back make retailers ineligible for Job Support Scheme?
The strength of the car retail sector’s bounce back recovery from the UK’s full COVID-19 lockdown period could make businesses ineligible for Job Support Scheme (JSS), it is feared.
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Market Insight 24 Sep
Chancellor unveils Government’s new COVID-19 job support scheme
Chancellor of the Exchequer Rishi Sunak has outlined details of a new COVID-19 job support scheme to replace the furlough option offered by the current Coronavirus Job Retention Scheme (CJRS).
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Market Insight 17 Sep
HMRC clarifies CJRS furlough scheme ‘usual hours’ calculation
The HMRC has updated its guidance on how to perform usual hours calculations where employees come off furlough partway through a claim period.
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Latest News 22 JulLand Rover Defender specialist Twisted embarks on recruitment drive
Land Rover Defender specialist Twisted has embarked on a technician recruitment drive incentivised by “pay rates significantly higher than the industry standard”.
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Supplier News 8 JunCOVID-19 impact on car retail salaries explored by BDO survey
The impact of the COVID-19 coronavirus pandemic will be central to the findings of the BDO Motor Retail Salary Survey 2020, which is now encouraging participation from across the sector.
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Car Dealer News 5 JunMotorline Group plans 10% pay cuts due to COVID-19 impact
Motorline Group has opened consultation with its workforce over a 10% cut to employee pay in response to challenges faced as a result of the COVID-19 crisis.
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Market Insight 1 Jun
Government CJRS extension welcome despite ‘heavy dose of complexity’
Detail of the Government’s coronavirus job retention scheme (CJRS) extension into October has been welcomed, despite fears that the introduction of larger employer contributions could bring a ‘heavy dose of complexity’.
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Car Dealer News 27 MayCaffyns to detail COVID-19’s ‘significant impact’ in annual results
Caffyns has praised its employees' response to the COVID-19 crisis as “outstanding” as it revealed the mitigation measures taken by the business in a trading update published this morning (May 27).
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Car Dealer News 12 May
Government salary support scheme extended to October at 80% rate
The Chancellor of the Exchequer, Rishi Sunak, has confirmed that the Government Coronavirus Job Retention Scheme (CJRS) will be extended to October – at its current 80% rate of salary support.
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Market Insight 12 May
Car dealers’ lockdown financial burden may grow with furlough cuts
Generous car retail businesses who promised to exceed the 80% salary funding cap of the Government’s Coronavirus Job Retention Scheme (CJRS) will face an increased financial burden if support is cut to 60%.
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Car Dealer News 7 MayVertu Motors will ‘capitalise on opportunities’ after COVID-19 lockdown
Vertu Motors’ director have asserted that the group has sufficient liquidity to exit the COVID-19 coronavirus lockdown and “capitalise on trading opportunities” in an interim trading statement.
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Car Dealer News 6 MayCambria Automobiles performing 'ahead of expectations' before COVID-19 lockdown
Cambria Automobiles has reported increased profitability in interim financial results revealing that the AM100 car retail group was performing 'ahead of expectations' prior to the COVID-19 lockdown.
