Why introduce a salary sacrifice car scheme

What the research shows

Lack of Awareness

Only around 50% of companies know about salary sacrifice car schemes and fully understand them.

Employee Hesitancy

Research suggests that 51% of employees don't feel comfortable asking their employer for benefits they want, and 74% want their employer to offer salary sacrifice.

Growing Demand

Despite potential confusion, there's a growing demand for salary sacrifice car schemes, particularly for electric vehicles (EVs)

Need for Education

Businesses need to be aware of the benefits and potential pitfalls. They need a partner that can be honest.

Disadvantages

There are also potential disadvantages, such as a lower take-home pay, reduced borrowing capacity, and potential issues with state benefits.

Attracting Good Talent

Over half of UK businesses now offer Salary Sacrifice with 64% of employees citing it as an important business benefit.

A significant portion of employees and employers are unaware of or don't fully understand the benefits and complexities of salary sacrifice schemes.

Why choose SalAd - The Salary Sacrifice Car Scheme

SalAd - Tha Salary Sacrifice Car Scheme
SalAd - Tha Salary Sacrifice Car Scheme
SalAd - Tha Salary Sacrifice Car Scheme
Salary Sacrifice Scheme - Multi-Bid

Multi-Bid

No single funder can offer the best price on every vehicle, for this reason we work with multiple lenders to get the lowest monthly cost.

Salary Sacrifice Scheme - Early Termination Cover

Early Termination cover

This covers you and the employee for a wide range of lifestyle changes, such as resignation, maternity and paternity leave, loss of life and loss of driving licence on medical grounds.

Salary Sacrifice Scheme - Minimal admin for you

Minimal admin for you

We understand that managing vehicles can be an administrative burden, so that’s why you can relax knowing we are taking care of the process end-to-end. All you need to do is approve or reject any orders placed.

Salary Sacrifice Scheme - Cost Neutral

Cost Neutral

Savings achieved through the scheme can be offset against the costs involved, ensuring the scheme is cost neutral.

Employee Benefits

Salary Sacrifice Scheme - Cost Neutral

Go green!

Live pricing from five funders, giving your employees the lowest cost benefit in the market.

Salary Sacrifice Scheme - Cost Neutral

Simple process

Employee portal and Helpdesk for ordering and managing their vehicle.

Salary Sacrifice Scheme - Cost Neutral

Save £000s

Great savings from salary sacrifice with the additional benefit of the best price in market (live market pricing).

Salary Sacrifice Scheme - Cost Neutral

All inclusive - only electric to pay for

Road Tax, MOT, Servicing, Tyres, Insurance, Breakdown Assistance, and Accident management ALL included.

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Employer Benefits

Salary Sacrifice Scheme - Cost Neutral

Low risk solution

Driving licence checks and motor insurance included.

Salary Sacrifice Scheme - Cost Neutral

Cost effective

Leading benefit giving employees access to very cost-effective cars, via Multi-bid.

Salary Sacrifice Scheme - Cost Neutral

Inclusive

Available to all employees (subject to earnings thresholds), option to include a second vehicle, use cash allowance toward the scheme, ideal replacement for traditional company car or perk car schemes.

Salary Sacrifice Scheme - Cost Neutral

Standard or Bespoke schemes

Utilisation of fleet insurance, early termination insurance, inclusion of fleet discount terms. Cars can be reallocated into company car fleet.

Salary Sacrifice Scheme - Cost Neutral

A greener choice

Reduces the carbon footprint for your business and employees.

Salary Sacrifice Scheme - Cost Neutral

Light touch

The scheme is fully managed and administered by us.

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Why do you need salary sacrifice?

Environmental, Social & Governance (ESG)

A salary sacrifice car scheme supports ESG goals by promoting environmental sustainability, social responsibility, and good governance. It encourages employees to adopt electric and low-emission vehicles, reducing carbon footprints and supporting net-zero targets. It helps businesses meet sustainability targets while offering valuable employee benefits.

National Insurance Contributions

Whilst we recommend passing back National Insurance (NI) savings to employees for maximum uptake, you can choose to retain all or part of the savings to help reduce your National Insurance contributions.

Let's arrange a call!