How to attract and retain talent

Highlights   |   Attracting Staff   |   How it Works   |   FAQs |   Book a Call

ATTRACT AND RETAIN TALENT

Attract and keep the best talent by making their pay go further

Add the most sought after team perk to your business and watch your staff retention rates go up.

Q

More money. Nicer car. Happier staff.

Boost your EVP with a meaningful, cost-effective employee benefit

Salary sacrifice is one of the most sought-after employee perks.

Add this top-rated benefit to your team’s package today.

Make your job adverts more competitive

List salary sacrifice as a perk at your business and get more interest in roles.

This can make the difference between a candidate choosing your business over another.

Reduce your team's second biggest expense

Allow you team to pay for their car with pre tax earnings and it can save them thousands.

More money in your team’s pockets means they’ll stay with you.

Let your team get into their dream car

Salary sacrifice isn’t just about saving money, it can also be about upgrading your car.

Your team can upgrade from a Ford to that BMW they’ve always wanted.

Salary Sacrifice is your secret weapon in attracting staff

Make it easy to attract high salary employees

40% and 45% tax payers get the biggest benefit from salary sacrifice.

Add this perk and watch the high earners flock to your business.

Get the best sales staff

Sales teams love salary sacrifice as it lets them get a nice new car.

If you’re looking for sales staff, salary sacrifice is the perk you need.

How salary sacrifice works

Watch our video explainer to discover how the scheme works, what’s involved at each step, and how it can deliver real value for both your business and your employees. It’s a quick and easy way to understand the full benefits.

FAQs

What happens if an employee leaves?
Early Termination Protection is the answer to this.

It covers your business in this exact situation, to prevent you getting any early termination fees.

There are some Ts and Cs with this, so it is worthwhile taking the time to understand this if you are thinking about setting up a salary sacrifice scheme.

Is salary sacrifice a lot of work for HR?
No, salary sacrifice is not a lot of work for HR. We manage the entire scheme for you, handling all the administrative tasks and details.

This ensures a smooth and hassle-free experience, allowing your HR team to focus on other important responsibilities without added burden.

Will staff actually use salary sacrifice?

Yes, staff will actually use salary sacrifice if they understand it, the options include electric and hybrid cars, and the price is competitive.

To ensure this happens:

  • We educate your employees with video content and live podcasts.
  • We offer a range of electric and hybrid cars. 
  • We have 11 funders competing on price, ensuring the best deals. 

Most competitors only work with one funder, leading to higher prices for their cars.

Our competitive pricing and comprehensive education make the scheme attractive and accessible to your staff.

What type of companies get salary sacrifice?

Salary sacrifice schemes can work for companies of any size. They are particularly popular with:

  • Medium to Large Enterprises: These companies often have the resources to implement and manage such schemes and benefit from the scale of employee participation.
  • Tech Companies: Known for offering competitive and innovative benefits to attract top talent. 
  • Financial Services: These firms frequently use salary sacrifice schemes to provide valuable perks to their employees.
  • Sustainability-focused Companies: Businesses committed to reducing their carbon footprint often leverage these schemes to promote the use of electric and hybrid vehicles.

Overall, any company looking to enhance its employee benefits package and promote sustainability can benefit from a salary sacrifice scheme.

Who tends to set this up within a business?
Often, HR tends to set up salary sacrifice schemes within a business. However, it’s also worthwhile to get Finance involved to ensure the financial aspects are properly managed and aligned with the company’s budget and goals.

Collaboration between HR and Finance ensures a smooth implementation and maximizes the benefits of the scheme.

How do you get started?
To get started, book a call with us and invite your Finance and HR decision makers.

This ensures all key stakeholders are involved in the initial discussions, making the process smoother and more efficient.

Learn how you can add salary sacrifice to your perks package

Book a call with us and we’ll talk you through it.