Salary Sacrifice Cars Work for SMEs!

An innovative salary sacrifice car business has recently been bucking the trend by implementing car schemes in smaller employers. With this comes remarkable success in both adoption and employer savings. Salary sacrifice may have been easily accessible to larger companies for years, but we want to do the same for SMEs.

Larger employers are well aware of car salary sacrifice. Reportedly 15% of employers with over 1,000 employees have adopted such schemes, with reported staff take-up rates around 5%. Smaller employers have traditionally struggled to even get the most basic information from existing suppliers. All changed earlier this year when Fleet Evolution launched their market-leading ‘lite’ package; employers with 20 – 200 employees could introduce schemes with no setup costs and very little admin on their part.

Since its introduction, Fleet Evolution has signed over 250 companies on the smaller version of their salary sacrifice car product. Furthermore, they’ve seen astonishing results with take-up rates averaging almost 20% in the first few months alone.

We often received calls from smaller employers and questioned whether we could do more to help them. We pride ourselves on innovation and simplicity. The ‘salary sacrifice lite’ offering is viable offering. We’re amazed by how many cars these new companies were taking on.

And its no surprise! The Tesla Model 3 is available from £400/month on salary sacrifice!

We always handle all promotion and roll out for our customers. Significant take-up came as a result of popular launches. With more quote activity as cars are delivered, it shows no signs of dwindling”.

Andrew Leech, Fleet Evolution Director

Fleet Evolution’s ‘salary sacrifice lite’ product uses a defined rule set and process to manage scheme introduction. This means schemes can be introduced within a couple of days and administration is minimal for both customer and supplier. What’s more, it’s now bringing significant motoring savings to all employees at no cost to the employer, not just those with a larger workforce.

If you’re interested in any of the schemes available, click here to find out more. Or, you call and speak to Jordan for any queries you may have on 0300 302 0626.