A Round-up of Salary Sacrifice Schemes
- Wednesday, August 30, 2023
- Posted By The Growth Company
The way in which your employees travel to and from work can have a significant impact on your organisation’s carbon footprint; therefore it’s important to encourage the use of public transport and active travel where possible and take up electric vehicles where it isn’t. For businesses trying to encourage the uptake of electric vehicles among employees, a salary sacrifice scheme could be the answer.
A salary sacrifice arrangement is an agreement to reduce an employee's entitlement to cash pay, usually in return for a non-cash benefit like a car. It’s a way of leasing an electric vehicle which has benefits for both employees and employers.
In the case of EVs, it allows your employees to adopt the latest model of car at 30% - 60% lower cost than if they were to lease it privately. It's a great, tangible benefit that employers can offer to help employees and support net-zero targets.
Bee Net Zero has rounded up some of the best EV salary sacrifice schemes available to organisations across Greater Manchester. With some specific to smaller businesses and some offering vans and heavy-duty vehicles rather than just cars, there’s a salary sacrifice scheme to suit all organisations and all needs.
e-car lease has everything you need for electric cars in one place, and experts on hand to help. With great value deals and tailored certified advice, their salary sacrifice scheme offers savings of around 30%-60% on new EVs and has a huge range to choose from.
Elmo is part of the huge Constellation Automotive Group, which includes well-known car-related brands such as Cinch and WeBuyAnyCar. Elmo now offers a fully managed salary sacrifice service for electric cars.
Your employees can get the complete EV package from Octopus including a car, smart charger, EV energy tariff and free miles in one hassle-free package.
SalSac provides ‘sal-sac’ vehicles for both small and large employers. Pricing includes the vehicle plus comprehensive insurance, servicing and road tax for the entire duration of the agreement.
Zenith's salary sacrifice scheme, which includes: insurance, road tax, servicing, maintenance, breakdown cover, replacement tyres, windscreen cover and accident management.
Love Electric claims that its car scheme can halve the monthly cost of any new electric car. The company exists to make electric vehicles affordable and accessible for everyone, using their business as a force for good.
Save your employees up to 60% on the cost of leasing an electric vehicle with the Hippo Salary Sacrifice Scheme. It has a wide range of electric vehicles to choose from, including from brands like Tesla, Polestar, VW, Nissan and Mercedes.
Fleet Evolution provides salary sacrifice options for businesses of all sizes (their smallest customer has 3 employees and the largest has 10,000). They even have schemes where they supply a two-port 22kW charger for employees’ use.
GoGreen's Salary Sacrifice scheme enables staff to acquire a brand new company car, fully serviced, maintained and insured for either 2 or 3 years – all they have to do is charge the vehicle. It allows your staff to make substantial tax savings plus Fleet discounts on vehicles and maintenance costs are included.
Novuna Vehicle Solutions offers the chance to set up a salary sacrifice scheme with a choice of car, a home charger fitted by British Gas, maintenance, road tax and insurance. They also offer leasing solutions for fleet vehicles.
Employees can drive any new electric vehicle at a 30-60% discount through The Electric Car Scheme's salary sacrifice. They access any manufacturer, model and extras including home charger installation, maintenance and insurance as optional extras.
Tusker provides company car and salary sacrifice car schemes to public and private sector UK organisations. These include a wide choice of vehicles, insurance, breakdown cover, servicing, MOT, replacement tyres and accident management.
WeVee aims to make the process of getting a new electric car as simple as possible, by bringing every electric car, SUV and van into place and setting up salary sacrifice programmes with employers to effect change at scale.
If you know of any other electric vehicle salary sacrifice schemes available to businesses of any size across Greater Manchester, please contact our team and we’ll make sure it’s included in this roundup.
To find out everything you need to know about making the switch to EVs in your organisation, visit our electric vehicle campaign page.
Or to find a more personalised solution, contact us via our partner Green Economy.