Benfield Motor Group and chartered accountants and tax advisers, UNW, have teamed up to launch a car benefit scheme for North East employers and businesses throughout the UK.
The Flexicar salary sacrifice scheme offers a “massive” range of cars and includes fully comprehensive insurance, full service, breakdown cover and roadside assistance.
Benfield says the scheme allows employees to make savings of the equivalent to an 11% pay rise.
To date, salary sacrifice car schemes have been more widely operated in larger businesses but Benfield and UNW are offering this scheme to all businesses in both the public and private sectors, irrespective of the number of staff on the pay roll.
Lee Muter, UNW’s employment taxes partner, said: “At a time when most private sector organisations are finding it particularly difficult to give salary increases, this is a tremendous hook to both attract and retain staff.
“I have been working closely with Carl Moffett, Benfield contract motoring’s general manager, over the last year to design what is essentially a ‘turnkey’ solution for employers.”
On average, the scheme takes two to three months to implement, depending on the size of business. UNW and Benfield will offer full project management and can assist employees in disposing of current vehicles if required.