SALARY sacrifice experts Tusker have launched a Salary Sacrifice Car Scheme specifically designed for medium sized businesses today.
The salary sacrifice scheme is called Accelerate; Tusker says its new off-the-shelf salary sacrifice product makes it ideal for companies employing between 250 and 1000 staff.
Salary Sacrifice for SMEs
- How would salary sacrifice work for your company?
- Swap part of your salary for a car – without incurring company car tax
- Read more here: Please explain salary sacrifice to me
Tusker says that Accelerate salary sacrifice works in exactly the same way as its Salary Sacrifice for Cars (SS4C) Scheme, where employees are provided with all their motoring needs, including:
- insurance,
- maintenance,
- early termination protection,
- all for a fixed monthly reduction to their salary – meaning all they need to do is add fuel.
When competition for good staff and staff retention in the SME sector can often be tricky, Accelerate salary sacrifice product allows businesses with fewer than 1,000 employees to enhance their employee engagement, recruitment and retention with the most highly valued of all employee benefits, at no cost to the employer.
David Hosking, Tusker chief executive officer for Tusker, said:
“Up until now there hasn’t been a salary sacrifice product that is suitable for mid-sized businesses. The demands of tailoring schemes properly for large employers and the detailed implementation process has meant that they are not usually viable for employers with fewer than 1,000 eligible employees.
“With Accelerate salary sacrifice we have designed a scheme that works ‘out of the box’. It’s ready to go immediately, giving employees instant access to information, videos, case studies, quotes and orders.”
