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  2. Salary Sacrifice Car Scheme
  3. Employer Benefits

Employer Benefits

As an employer, it is important to know the benefits to a salary sacrifice car scheme. It is easy to sign up and unlock fantastic benefits such as tax savings, employee retention, and more.

Implementing a salary sacrifice car scheme offers a range of compelling benefits for employers. By reducing employees’ gross salaries, companies can achieve significant savings on National Insurance Contributions (NICs), enhancing financial efficiency.

Additionally, such schemes can boost employee retention and attraction by providing a valuable perk that differentiates the company from competitors. Promoting the use of electric or hybrid vehicles through the scheme also supports corporate sustainability goals, improving the company’s environmental impact and public image.

Furthermore, partnering with third-party providers simplifies administration, ensuring compliance and reducing the burden on HR departments. Overall, a salary sacrifice car scheme can enhance financial performance, employee satisfaction, and corporate responsibility.

  1. Cost Savings:

    • National Insurance Contributions (NICs): By reducing employees’ gross salaries, employers can lower their NICs, leading to significant savings over time.
    • Operational Costs: When you partner with Britannia Car Leasing, our team can streamline the process, reducing the need for extensive in-house resources and administrative costs. We handle your account so you don't have to worry.

  2. Employee Retention and Attraction:

    • Competitive Edge: Offering a salary sacrifice car scheme can differentiate your company from competitors, making it more attractive to top talent.
    • Employee Satisfaction: Providing valuable benefits like a car scheme can enhance overall job satisfaction and loyalty, reducing turnover rates. With improved staff retention, you can be sure to get the most out of your most valued staff over time.

  3. Environmental Impact:

    • Sustainability Goals: With our car scheme, we can specify the types of vehicles your employees can order through salary sacrifice. Encourage your employees to make the switch to electric to get the most out of salary sacrifice.
    • Corporate Social Responsibility (CSR): Demonstrating a commitment to environmental responsibility can improve the company’s public image and appeal to eco-conscious stakeholders.

  4. Simplified Administration:

    • Third-Party Management: Our scheme is managed by providers who handle the logistics. Our team are experts in their field and can advise on a number of areas. from vehicle procurement to maintenance, reducing the administrative burden on HR departments.

  5. Enhanced Employee Well-being:

    • Stress Reduction: By offering a comprehensive package that includes maintenance, insurance, and breakdown cover, employers can help reduce the stress and hassle associated with car ownership for their employees.
    • Financial Well-being: Employees benefit from cost savings, which can contribute to their overall financial health, indirectly benefiting the employer through a more financially stable and satisfied workforce.

Onboard Your Company

Fill out the form below and our team will be in touch to help get you and your company started with a salary sacrifice scheme.