5 February 2014

What is the future shape of salary sacrifice car schemes?

Electric cars are helping to steer salary sacrifice car schemes in a new direction.
  • Fleet providers have begun to introduce electric cars under a salary sacrifice arrangement.
  • Almost half (48%) of employers are considering introducing salary sacrifice.
  • Policies can be put in place to prevent the salary sacrifice risks associated with maternity leave and long-term employee absence.
  • NovaLease can be set up for any number of employees with no requirement for a contingency fund or insurance to cover early contract termination costs.

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