Why Salary Sacrifice Need Not Be a Burden to Company Cars
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...it is equally necessary to maintain awareness once the scheme is up and running. Communications which signpost the ongoing benefits and savings afforded should continue months, if not years, after the scheme is started.
Salary sacrifice is typically more successful — and more cost-efficient — for both employer and employee where there are high levels of staff participation...
...in a scheme.
By demonstrating the tax savings and highlighting that the scheme offers employees the opportunity to procure a new vehicle at a reduced cost, organisations can display the immediate benefit to an employee.
Overall, employees benefit from fully-budgeted, fully-managed motoring. Road Fund Licence, servicing, maintenance, tyres, insurance etc. are all included in the price of a scheme. At the same time, employers are able to offer a desirable employee benefit without a substantial increase in the overall cost of their remuneration package.
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