WHAT IS CAR LEASING?
Car Leasing is an employee benefit that allows your employees access to an all-inclusive car leasing package. Employees choose a vehicle and an agreed length of time, and pay in monthly instalments. These payments are deducted from the employee’s salary, and there is no extra cost to the business for registering for this scheme.
WHY SHOULD I PROVIDE CAR LEASING TO MY EMPLOYEES?
The scheme is a great way to show employees that you appreciate them, save your business some money and care for the environment.
Offering employees such an attractive benefit shows that you are appreciative of the work that they do. It’s also a great way to attract new talent and retain current employees.
As the scheme is paid for through salary sacrifice, both the employer and employee can make savings (dependent on the vehicle chosen).
Furthermore, by providing employees with newer cars, you are helping to care for the environment. Most brand-new cars are built with the environment in mind and in turn, are more economical. By helping employees get rid of older cars and replacing them with new lower-emission vehicles, you are helping to reduce CO2 emissions, which helps to keep your workforce green.
HOW DOES CAR LEASING WORK?
Busy Bees Benefits enables the employee to lease a new fully maintained, taxed and insured car through salary sacrifice. The employee pays a monthly cost for the vehicle on a lease basis and the payment for this comes directly from the employee’s salary, meaning that along with additional discounts, employees can make some substantial savings.
Our Car Leasing scheme can work alongside your current car scheme or it can replace it altogether. We’re here to provide full support for the scheme’s implementation, whether that’s HR and payroll information or providing marketing materials that will help you to promote the scheme to your employees.
At Busy Bees Benefits, we are committed to working with our clients to find the right benefit mix for their business. If you’re interested in our Car Leasing scheme, talk to a member of our team today to see how you can provide your employees with the opportunity to lease a car. Call us on 0330 333 9100 or email email@example.com.