Annual Permit vs Daily Scratch Cards Option
With many staff now agile working, an annual permit may no longer be the most cost effective option for some. This will depend on how frequently you visit campus over the year as well as your pay grade and FTE level. Beyond a certain frequency of campus visits each week during the year, the annual permit option will be the most cost effective one. The following table provides a summary of the pricing tipping points between the daily scratch card option and the annual permit option.
Staff Details |
Annual Staff Parking Permit 2024-25 |
Price tipping point from daily scratch cards to annual permit over 45 weeks1 |
---|---|---|
Grades 9 and above
|
*flex bens price £351.96* £295.20* £235.32* £351.96 £235.32 |
Averages 2.7 days per week on campus 2.2 days per week on campus 1.8 days per week on campus 2.7 days per week on campus 1.8 days per week on campus |
Grades 7 and 8
|
*flex bens price £325.08* £271.56* £217.80* £325.08 £217.80 |
Averages 2.4 days per week on campus. 2.0 days per week on campus. 1.7 days per week on campus. 2.4 days per week on campus. 1.7 days per week on campus. |
Grades 3 to 6
|
*flex bens price £274.56* £222.96* £180.60* £274.56 £180.60 |
Averages 2.1 days per week on campus 1.8 days per week on campus 1.3 days per week on campus 2.1 days per week on campus 1.3 days per week on campus |
Grades 1 and 2
|
*flex bens price £225.12* £187.20* £149.64* £225.12 £149.64 £174.48 |
Averages 1.7 days per week on campus 1.4 days per week on campus 1.1 days per week on campus 1.8 days per week on campus 1.1 days per week on campus |
Emeritus professors, honorary, sessional/variable hours & visiting staff | £276 | 2.1 days per week on campus |
Tenant staff | £276 | 2.1 days per week on campus |
1Based on staff working the equivalent of 45 weeks of the year. The annual permit option becomes cheaper than daily scratch cards when average frequency of days on campus per week through the year reaches a certain tipping point.