We know that choosing what benefits to offer your employees can be a difficult decision, but here at Xcite Salary Sacrifice we believe there are a lot of reasons why you should make a salary sacrifice one you definitely should offer.
Our flexible electric car Salary Sacrifice scheme can support your business in many ways. Our team of experts have put together their top five reasons why you should offer your employees salary sacrifice.
Add another way to attract and keep staff by making electric cars more affordable for them through a Salary Sacrifice scheme. You can tailor the scheme to meet your company's needs adding maintenance, insurance and early termination protection to protect you and your employees.
You can set up a salary sacrifice scheme at no cost to yourselves as a business and having a scheme in place can even save your business money. You'll be paying less in salary and employers' National Insurance (NI) contributions and could potentially reduce other associated fleet costs like insurance, maintenance and ownership.
It's not just your company that can save money but your employees too. Employees who sign up will save money by not paying tax and NI on the salary they sacrifice. Depending on how you set up the scheme it could also reduce their student loan and other deductibles.
There is growing pressure to cut CO2 emissions from employees, job candidates, customers, investors, banks and lenders, as well as new government and industry regulations. One way you can reduce your carbon footprint is by encouraging employees to switch to electric vehicles.
The majority of salary sacrifice car schemes will be offering electric and plug-in hybrids (PHEV) so any employee that takes on a salary sacrifice car will be low to no emissions and help reduce your business' overall carbon footprint.
With a salary sacrifice scheme, all of the vehicles will be brand new which helps improve your compliance with health and safety as well as ensure you are meeting your duty of care responsibilities.
We offer a tailorable programme that is completely free for your business!
Here at Xcite Salary Sacrifice we've been working in the leasing sector for 20 years now so we've got a lot of knowledge on how to get your employees the best cars at the best prices. And our team of experts are on hand to help your drivers choose the right model for them, support them through the process and will be on hand to answer any questions during their agreement.
Offering your team an amazing benefit has never been easier and if you'd like to learn more then get in touch with the team on 01722 548 200.
