How an electric car salary sacrifice scheme can complement employee benefits

Employees are the heartbeat of your business, and ensuring their wellbeing is key to a thriving workplace. Offering flexible working options and wellbeing-focused employee benefits helps retain talent, improve productivity, and foster a happier team. But how can you go one step further?

Introducing electric cars through an EV salary sacrifice scheme is a modern, sustainable benefit that aligns perfectly with flexible working and many other employee benefits. So, let’s explore how exactly this innovative employee benefit can add value to your employee’s lives..

EV salary sacrifice schemes not only make EVs more affordable by spreading out the cost over manageable monthly payments, but they also offer ongoing savings that add significant value to employees. With lower fuel costs (thanks to home charging) and all-inclusive packages that often cover insurance, breakdowns, and maintenance, employees can save money each month while avoiding unexpected expenses.

This financial relief complements other employee benefits like flexible working and wellbeing initiatives, as by offering a perk that directly addresses financial stress, you’re demonstrating that you recognise the impact of financial burdens on your team and are committed to supporting their overall wellbeing.

After all, the true value of any employee benefit is showing your team that they’re more than just a number - they’re valued and cared for.

In today’s competitive job market, employees are looking for more than just a pay cheque - they want employers who align with their values and offer benefits that make a real difference in their lives. An electric car salary sacrifice scheme not only provides a green solution for your employees' commute but also enhances your employee benefits package by supporting sustainability goals.

By offering EVs as part of your employee benefits, you're giving your team a chance to contribute to a cleaner environment and reduce their carbon footprint. This eco-friendly perk will appeal to employees who prioritise sustainability while also helping you meet your own corporate environmental targets.

Plus, integrating an EV scheme into your employee benefits package demonstrates your commitment to both employee wellbeing and corporate social responsibility.

Offering electric cars as an employee benefit isn’t just an environmentally conscious choice – it’s a way to show your team that you genuinely care about their mental health, wellbeing, and the planet.

EVs provide a quieter, smoother driving experience, reducing noise and vibration compared to traditional petrol or diesel cars. This creates a more calming environment, making it easier for employees to relax or focus on their drive. Whether it’s catching up on calls or simply decompressing after a busy day, the peaceful atmosphere of an EV offers a welcome break from the pressures of work.

By offering an EV salary sacrifice scheme, you’re supporting your employees' mental and physical health, helping them feel refreshed and ready to tackle the day, and ultimately contributing to a more positive, productive work culture.

An EV salary sacrifice scheme offers far more than just a company car - it’s a vehicle for all aspects of life. Employees can use their EV for everything from commuting to personal errands and family activities, making it an adaptable and valuable asset. Whether they’re attending work meetings, nipping out for appointments, or tackling the school run, EVs provide convenience and flexibility without compromising on sustainability.

For employees embracing hybrid working, an EV fits right in. Using flexible hours to grab a coffee, hit the gym, or pick up groceries? Those everyday trips just got greener and cheaper. With low running costs and an environmentally friendly edge, employees can enjoy the freedom of a car that works as hard for their personal lives as it does for their professional commitments.

Introducing an EV salary sacrifice scheme to your employee benefits package is easier than you might think. By partnering with a trusted provider, like Octopus EV, you can quickly set up a seamless, hassle-free process that benefits both your employees and your business.

Once in place, employees can enjoy a wide range of electric cars, access tax savings, and benefit from an all-inclusive package covering insurance, maintenance, and breakdown cover. Offering this scheme not only supports employee wellbeing and financial peace of mind but also strengthens your commitment to sustainability, making your company more attractive to top talent.

Find out more about joining the scheme in our guide for businesses.