Salary sacrifice cars are the ‘ultimate’ in convenience for employees, providing a ‘company car-like’ care experience, as well as offering peace of mind for employers, according to Fleet Evolution.
It claims that salary sacrifice cars can provide employees who aren’t eligible to receive a company car with all the benefits associated with running one.
Fleet Evolution contends that a salary sacrifice car scheme can provide a convenient and reliable solution to employees, as well providing employers with the assurance of regular attendance or on-time business meetings.
Analysis has revealed that 82% of employees who have taken a car through the firm’s salary sacrifice car schemes have never run a new car before. Typically, they were driving used cars of up to 10-years-old which were more liable to suffer expensive breakdowns than new models and were far from convenient for either employees or their employers, the company said.
Fleet Evolution managing director Andrew Leech believes that a salary sacrifice car scheme can provide employees with the ultimate in convenience, as well as helping remove the stress associated with running and servicing a car.
He said: “Consumers are demanding greater convenience as time becomes more precious, and work-life balance dominates the conversations of many corporate HR departments. Those employers that can help employees achieve the ideal balance should be able to reap huge rewards in recruitment, retention and productivity.
“In this era of offering instant solutions to daily problems, for many the car remains a relic of a bygone age and lives can be massively disrupted by anything from engine failure, to something as simple as a puncture or servicing.
“Of course, the knock-on effect when things go wrong don’t just impact on the employee, but they affect the employer and their customers as well, through late attendance, missed appointments and reduced productivity.”
He added: “Car salary sacrifice schemes remain an extremely valuable benefit to employees due to their convenience, ease of use, absence of upfront payments and value for money.
“As well as the convenience and reliability factor, they also genuinely promote the uptake of less polluting, more environmentally friendly cars so that they offer employees a perfect win-win all round.”