In today’s ever-evolving corporate landscape, Pike + Bambridge proudly presents a straightforward approach to workplace benefits. Our Electric Vehicle (EV) Salary Sacrifice program offers a hassle-free transition to sustainable commuting solutions. Let’s explore the advantages of partnering with Pike + Bambridge, whether your company has already embraced our program or is considering it.
For employees of companies that have already signed up for our EV salary sacrifice program, you’re in for a treat. By exchanging a portion of your pre-tax salary for the lease of an electric vehicle, you unlock significant cost savings. Up to 50% to be exact. It’s a seamless process that allows you to enjoy the perks of electric commuting while reducing your taxable income. Plus, with Pike + Bambridge’s expert support, navigating the ins and outs of the program is a breeze.
Now, for those whose companies have yet to sign up, let’s shed some light on what EV salary sacrifice entails. Similar to the well-known “Cycle to Work” scheme, salary sacrifice for electric vehicles offers employees a cost-effective way to go electric. By paying for all associated costs before tax, employees can save substantially on their next electric vehicle purchase or lease. It’s a win-win situation for both employees and employers, promoting sustainability while enhancing employee benefits packages.
At Pike + Bambridge, we’re not just another provider—we’re your partners in sustainable commuting. Our team is dedicated to making the transition to electric vehicles as smooth as possible, providing expert guidance every step of the way. Whether your company has already signed up for our program or is considering it, we’re here to help you unlock the full potential of your workplace benefits. Let’s work together towards a brighter, more sustainable future on the road.
For employees fortunate enough to be part of a company that has already implemented our EV salary sacrifice program, let’s delve deeper into the benefits you can enjoy. Firstly, the financial advantages are undeniable. By opting for an electric vehicle through salary sacrifice, you can save between 30-50% off the cost of your next car, compared to purchasing it outright or leasing it privately. This translates to significant cost savings over the course of your lease, allowing you to stretch your budget further or opt for a higher-spec vehicle than you might have considered otherwise. This does not include the savings you’ll be making from charging your car instead of using fuel. Find out more about our cost savings with our nifty calculator.
Moreover, the simplicity and convenience of the program cannot be overstated. Once your company has signed up for our EV salary sacrifice scheme, the process for employees is straightforward. You simply talk to us in a personal fact find about your current situation and desired electric vehicle, agree on the lease terms, and start enjoying the benefits of emission-free commuting. There’s no need to worry about arranging financing or dealing with the complexities of vehicle ownership—all the administrative hassle is taken care of by Pike + Bambridge. On the other hand, if your company has yet to embrace the benefits of EV salary sacrifice, it’s worth exploring the advantages and encouraging them to consider it. From the employer’s perspective, offering EV salary sacrifice as part of the benefits package can be a powerful tool for attracting and retaining top talent.
In today’s competitive job market, employees are increasingly looking for employers who prioritise sustainability and offer perks that align with their values. From a financial standpoint, EV salary sacrifice can also be advantageous for employers. By helping employees save on the cost of their electric vehicles, companies can demonstrate their commitment to employee well-being while potentially reducing their own National Insurance contributions. Additionally, promoting electric vehicles as part of the company’s benefits package can enhance its corporate social responsibility (CSR) efforts and contribute to a more sustainable image.
Ultimately, whether your company has already signed up for our EV salary sacrifice program or is considering it, the benefits for employees are clear. By partnering with Pike + Bambridge, you can enjoy substantial cost savings, simplified administration, and the satisfaction of knowing that you’re contributing to a greener, more sustainable future. So why wait? Take advantage of this exciting opportunity to revolutionise your commute and maximise your workplace benefits today.
