Gearbox manufacturer Xtrac has begun offering an EV salary sacrifice scheme from Fleet Alliance to its employees.
The scheme is available to Xtrac’s permanent staff, which makes up a large proportion of its 440-plus staff based in the UK.
HR director Kirsty Knight said: “The straightforwardness and total package on offer was attractive and workable for our business. Our employees have reacted very positively and welcome the opportunity to purchase a new electric vehicle at a reasonable cost along with the simplicity of the process to access one.
“We see it as an excellent addition to our already extremely competitive and industry leading employee value proposition and it also supports our ESG credentials which are at the core of our business.
“We have been very pleased with the progress and uptake so far and, to accommodate more employees onto the scheme, have installed an additional 20 electric car charging points for staff to be able to charge their cars at work.”
Fleet Alliance CEO Andy Bruce said: “Our scheme is a great way to offer a company car at no extra cost to the business, as well as encouraging staff to make the timely transition to electric cars and helping reduce the carbon footprint, while rewarding and retaining staff through more attractive benefits.
“To keep costs as low as possible, we can deliver monthly savings of hundreds of pounds for employees due to our excellent procurement processes and the fact that we competitively tender each new vehicle via a panel of up to 11 funders. This ensures our clients, and their employees benefit from the lowest rental rate available in the market.”