Hi,
I am an HR professional of a company. We wish to provide Mac laptops to a few of our employees. We also aim to create a scheme around it, wherein the company purchases the laptop and provides it to the employee. Subsequently, the company deducts a portion of the money from the employee over a period of time so that they can eventually own the laptop. When the employee leaves the company, they can take the laptop with them.
Has anyone heard of such a scheme? Can anyone provide me with a sample or draft scheme of this kind so that I can implement it in my company?
Regards,
Anonymous
From India, Bangalore
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I am an HR professional of a company. We wish to provide Mac laptops to a few of our employees. We also aim to create a scheme around it, wherein the company purchases the laptop and provides it to the employee. Subsequently, the company deducts a portion of the money from the employee over a period of time so that they can eventually own the laptop. When the employee leaves the company, they can take the laptop with them.
Has anyone heard of such a scheme? Can anyone provide me with a sample or draft scheme of this kind so that I can implement it in my company?
Regards,
Anonymous
From India, Bangalore
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Dear Joan,
A laptop is a capital asset. Companies buy capital assets to run their businesses. Now, in your case, you wanted your employees to make capital purchases on your company's behalf. Will the employees accept this fact? If the employees are going to pay for the laptops, then what if someone is not interested in buying a Mac? Why not Acer or Dell or any other brand for that matter? Will your company get a significant discount on the MRP that would otherwise not be available for normal purchases? And what if the employees already have a laptop? Why would they buy another one?
Your argument could be that your company is ready to provide credit. But then credit is also provided by credit card companies or retail sellers. So why would employees take credit from your company?
If the scheme works well, then your company will be an asset-light company. Any businessperson would envy it. I say this because I foresee the recovery of the assets in a year or so. However, you should be able to sell this idea. Nevertheless, what about network security issues? Since the laptop belongs to the employee, he/she will have the complete right to browse websites of their own choice. Will this be acceptable? How will you handle issues related to data security?
Regarding the monthly deduction from the salary, this will be a non-statutory deduction. Therefore, you should include a clause to this effect in the appointment letter itself. For the employees who are already on the rolls, you need to issue a separate letter on your company letterhead and obtain their permission for the monthly deduction. However, I have questions about this basic idea itself. Generally, car rental agencies tell drivers to bring their own car, and then they are allowed to become a member. But then the drivers have complete freedom to switch from one car rental agency to another. However, your case will be different. Who will pay the maintenance charges? Who will pay the insurance charges? There are so many things involved, gentleman. You need to have a comprehensive view of this concept and then make a draft.
Thanks,
Dinesh Divekar
From India, Bangalore
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8036A laptop is a capital asset. Companies buy capital assets to run their businesses. Now, in your case, you wanted your employees to make capital purchases on your company's behalf. Will the employees accept this fact? If the employees are going to pay for the laptops, then what if someone is not interested in buying a Mac? Why not Acer or Dell or any other brand for that matter? Will your company get a significant discount on the MRP that would otherwise not be available for normal purchases? And what if the employees already have a laptop? Why would they buy another one?
Your argument could be that your company is ready to provide credit. But then credit is also provided by credit card companies or retail sellers. So why would employees take credit from your company?
If the scheme works well, then your company will be an asset-light company. Any businessperson would envy it. I say this because I foresee the recovery of the assets in a year or so. However, you should be able to sell this idea. Nevertheless, what about network security issues? Since the laptop belongs to the employee, he/she will have the complete right to browse websites of their own choice. Will this be acceptable? How will you handle issues related to data security?
Regarding the monthly deduction from the salary, this will be a non-statutory deduction. Therefore, you should include a clause to this effect in the appointment letter itself. For the employees who are already on the rolls, you need to issue a separate letter on your company letterhead and obtain their permission for the monthly deduction. However, I have questions about this basic idea itself. Generally, car rental agencies tell drivers to bring their own car, and then they are allowed to become a member. But then the drivers have complete freedom to switch from one car rental agency to another. However, your case will be different. Who will pay the maintenance charges? Who will pay the insurance charges? There are so many things involved, gentleman. You need to have a comprehensive view of this concept and then make a draft.
Thanks,
Dinesh Divekar
From India, Bangalore
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Kindly read the article at US research warns of blurred lines around device security | Huddle.com
Sorry, I have not got the time to read and summarize it. More such articles are there at https://www.google.co.uk/#q=company+...ent+by+workers
From United Kingdom
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Sorry, I have not got the time to read and summarize it. More such articles are there at https://www.google.co.uk/#q=company+...ent+by+workers
From United Kingdom
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Dear Anonymous,
It is always appreciable and praiseworthy to opt for monetary payments, in the form of interest-free loans, which would benefit your company and the way you perceive the advantages. It will benefit you as a whole. In the present-day situation, what an organization considers may become outdated and loyalty is being questioned. A better approach is to provide benefits that cater to employees' real needs rather than organizational desires.
From India, Arcot
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It is always appreciable and praiseworthy to opt for monetary payments, in the form of interest-free loans, which would benefit your company and the way you perceive the advantages. It will benefit you as a whole. In the present-day situation, what an organization considers may become outdated and loyalty is being questioned. A better approach is to provide benefits that cater to employees' real needs rather than organizational desires.
From India, Arcot
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