Salary sacrifice is when you and your employees agree to give up a bit of their salary towards something that will benefit them. It is an agreement between you and your employees, allowing you to retain your top talent. Get in touch with our team about signing up to our salary sacrifice scheme for you and your company today.
Employers who sign up to our salary sacrifice team have a greater probability at retaining top talent. Our tailored packages are at no cost to your business with no set-up fees from our team. Whilst you hold onto your top performing staff, the scheme is suitable for all employees. No matter there employment status, if their salary remains above the national minimum wage, they are eligible.
We are here to help revolutionise your company fleet, reducing your grey fleet and increasing the number of electric vehicles on your books, improving your environmental outlook along the way.
There is no set-up fee from your business. Instead, you pay a fee derived from the company National Insurance and VAT savings. Therefore, there scheme is executed at no cost, whilst offering many benefits to both the employee and company.
No matter your employees' employment status or their requirement for a company vehicle within the company, as long as their salary remains at or above the national minimum wage after all deductions, they are eligible for the scheme.
Our team are available to help you through the entire process. From the initial setup, including employee eligibility, company credit checks and vehicle quotations. We can also help you calculate any National Insurance savings and salary deductions.
Whatever your company size, we can tailor the scheme to suit your business requirements. For example, you can limit the choice of vehicles by size or type as well as the contract length giving your business control of the scheme.
If you choose to limit the choice of vehicles to zero emission EVs, it will assist your green agenda and benefit your Environmental, Social, and Governance (ESG), and corporate Social Responsibility (CSR).
Our salary sacrifice scheme helps companies assist with duty of care and health and safety in managing grey fleets (employees using their own vehicles for business purposes).