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  • Mar 11, 2022

  • 10 min read

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Why do companies choose our electric car salary sacrifice scheme?

We partner with hundreds of top UK companies through our electric car salary sacrifice scheme. We’re helping their teams switch to electric cars as part of their employee benefits package. With salary sacrifice, employees pay for their brand new car through their gross salary, giving them big savings on the best electric makes and models on the market.

Our customers tell us that choosing our Octopus Electric Vehicles salary sacrifice scheme was a no-brainer when compared with other car leasing schemes on the market.

Here are the top reasons that companies choose us over the competition.

Supporting their Environmental, Social and Governance (ESG) Goals

Many businesses are looking for ways to support the Race to Net Zero campaign following the COP26 Climate Summit in Glasgow last year.

We’re a 100% electric car salary sacrifice scheme. We give the companies we work with a practical way to encourage employees to reduce their carbon emissions.

Keith Greenfield, CEO of Wightlink explained why he chose our salary sacrifice scheme over one that offers hybrid, petrol or diesel cars.

“It's important that our customers know that we're very environmentally conscious and we're doing everything we can to decarbonise. I really don’t think hybrids are going to make much of a contribution to that effort, I think it has to be electric.”

We don’t offer hybrids and fuel cars because they’re bad for the environment. In fact, many drivers regret buying a hybrid over an electric car.

Our mission is to move us towards a cleaner, greener future. So our scheme is the obvious choice for companies who want to take measurable steps towards lowering their carbon emissions.

Attracting, keeping and engaging a great team

Having a range of employee perks and benefits is a great way to attract top talent into your business and a great way to reward hard-working team members.

Research by the Employee Benefits Research Institute shows 78% of employees say that employee benefits are very or extremely important in their decision to accept or reject a job. One Medical found that 69% of employees would choose one job over another if it offered better benefits, and Willis Tower Watson found that 75% of employees are more likely to stay with their employer because of their employee benefits package.

Having a wide range of different benefits appeals to different people within your organisation and shows your team that you care about them and their needs.

Ben Stevenson, Chief of Staff at Bloom Procurement Services, explained how employee benefits are an important part of their hiring strategies.

“It’s important for us to attract and retain good talent, and part of that is having a comprehensive benefits package that will appeal to ​​potential employees. I think it’s important to have a varied mix of benefits to appeal to different people. We like the fact that this scheme is environmentally focused and will appeal to people who are passionate about decarbonisation and climate change.”

Electric cars are literally tech on wheels. One of the major benefits of driving electric is that electric cars are loads of fun! We run test drive days for teams that sign up to our salary sacrifice scheme so employees can get first-hand experience of driving an electric car. Teams always leave the experience with a smile on their face and our team works hard to make the whole experience unforgettable. These drive days double up as a great way to get the team back together for a bonding experience post-lockdown. You don’t have to be technically minded to be blown away by the experience of driving electric.

Our electric car salary sacrifice scheme is an appealing addition to your employee benefits, and it’s totally free to join.

Showing your business is future-thinking

We’re accelerating the transition from petrol and diesel to electric cars, which is central to moving us towards a more green economy. Working together with like-minded companies, we’re actively supporting the decarbonisation of transport. This forward-thinking vision for a greener future is a value we share with the companies that are part of our salary sacrifice scheme.

Companies we work with believe that electric cars are for everyone, not just for the early adopters. With new ways to access brand new electric cars through different financing options, like salary sacrifice, we can help them support more people to make the switch to electric. The companies we work with want to make faster moves towards a greener, fairer future with us.

Neil Clark, Planet Officer at TPXImpact explained how this alignment influenced their decision to work with Octopus Electric Vehicles.

“From my perspective as Planet Officer, I was very keen that we use a company that only offers Electric Vehicles, rather than hybrids or Internal Combustion Engine (ICE) cars. We don’t want to work with a leasing company that offers ICE vehicles and then politely ask employees to please choose an electric car. A lot of people won’t, so that’s not right for us. We really want to push the boundaries on reducing our carbon footprint so working with Octopus Electric Vehicles was the ideal company to partner with.”

The benefits of EV salary sacrifice for your team

Through our salary sacrifice scheme, employees can take their pick from 28 makes and 67 models of brand new electric cars that they pay for out of their gross salary, making savings of up to 40% on a brand new vehicle.

Our team are electric car specialists. We live and breathe electric cars. We’re perfectly placed to make sure your team have a great experience and get an electric car that perfectly suits their needs.

We offer everything that your team need to hit the road in their new electric car including charger, energy, insurance, servicing, maintenance, breakdown and tyres. The lot.

We’ve got an amazing Trustpilot score of 4.9* so companies we work with rest assured that the services we provide reflect well on them as an employer.

If you’re ready to help your team make the switch to electric to support your ESG goals, recruitment and retention and move us all towards a greener, fairer future you can sign up for our salary sacrifice scheme at zero cost.



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