AS most of the UK’s population has now put the Christmas and New Year festivities well behind them, Fleet Evolution has revealed insight into hidden employer benefits of salary sacrifice cars.
Fleet Evolution has compiled data to show that 80% of new cars are given to employees who have never owned a new vehicle
Find out how employers can take advantage of the less measurable benefits of salary sacrifice schemes in a bid to reduce on-road costs.
Exclusive salary sacrifice data
Fleet Evolution has compiled data to show that 80% of new cars are given to employees who have never owned a new vehicle. With this in mind, this is a great perk for workers, and at the same time, employers can also stand to profit from a range of hidden benefits.
Director of Fleet Evolution Andrew Leech said: “Yes, our car salary sacrifice schemes reduce on-road costs by 30% but there are also a fantastic range of hidden benefits for employers. In 2015 we’re urging businesses to cash in on the advantages and use salary sacrifice schemes to boost their bottom lines.”
New cars are more reliable than older cars
Employees in new vehicles are less likely to arrive late for meetings due to car troubles and in the event of a problem, a new salary sacrifice car supplied by Fleet Evolution will be attended to by mechanics who will collect the car on-site and return it by close of business.
Even tyre changes can even be organised in the business car park for minimum disruption.
Hidden benefits of salary sacrifice
- New car provision increases productivity
- Managed service provision arrive on-site to attend to any problems with the vehicle
- Tyre changes are carries out at premises to suit
- Positive effect on employee health and wellbeing
- New cars often feature comfort enhancing perks
- Less mobility issues result in reduced absenteeism
- Newer cars = safer cars
- Actively supports recruitment and employee retention
- Good perks can attract and retain key personnel
New cars are safer than older cars
Thanks to modern technology, Fleet Evolution offers a range of ultra-modern eco-friendly vehicles cars that are available on their salary sacrifice scheme. These cars often have a positive effect on employee health and wellbeing as features like osteopathic seating and lumbar support, where present, make driving more comfortable.
As a result, posture-friendly driving results in less mobility issues and ultimately, reduced absenteeism due to injury or medical appointments.
Modern cars also offer more injury protection in the event of a serious accident.
Nice, new cars attract and retain desirable employees
Offering the best perks can obviously attract talent for your company and cars are, of course, one of the most sought after add-ons to any employee’s package.
Feeling motivated with a nice car is also likely to mean that your employee is less likely to be tempted away – you can attract the highest calibre of applicants and hopefully, keep them with you, too.
Andy Leech continued;
“A recent survey by the Confederation of British Industry (CBI) and management consultancy Accenture has found that half of UK businesses are looking to expand their workforce in 2015.
“Fleet Evolution’s affordable salary sacrifice car schemes are a savvy way for employers to make the most of every new recruit. The schemes put ‘healthy’ vehicles within the reach and budget of employees, an incentive that fosters ongoing wellbeing, productivity and job satisfaction.”