Why do companies, like Huel, choose our EV salary sacrifice scheme?

When James McMaster, CEO of Huel, decided to introduce an electric vehicle (EV) salary sacrifice scheme, it felt like the natural next step. As a B Corp, the company already had strong sustainability values, so it made sense to help their employees clean up their commutes.

But what James didn’t expect was just how much of a difference it would make to his team’s wallets and wellbeing.

“The financial gain is amazing,” he told us recently at Huel’s global HQ. “I remember having a cycle to work scheme, where the tax benefits came to tens of pounds, or maybe hundreds of pounds. But with cars, we're talking about thousands of pounds."

70 EVs delivered

131,000 trees saved

261 tonnes of CO2 saved

Employee engagement boosted

1 / 4

Key benefits to Huel’s business from our EV salary sacrifice scheme

Huel isn’t alone. They’re one of thousands of businesses across the UK using our EV salary sacrifice scheme to do good for the planet and give their people a benefit they really value.

So, why are more and more companies making the switch?

Whether you’re looking to boost your employee benefits, support your corporate social responsibility strategy or save your employees money, there are lots of reasons to sign up for an EV salary sacrifice scheme.

1.It brings financial benefits for your business

The best thing about our EV salary sacrifice scheme is that it’s completely free. Employees pay for their car through their gross salary, before tax and National Insurance, saving them up to 40% – and costing your business nothing.

Because their gross salary is lower, your business also pays less in employer National Insurance contributions. Depending on how many people take part, those savings can really add up over time.

There’s no need to budget for vehicle costs or manage complicated admin either. We handle the heavy lifting, from setting up the scheme to managing contracts and support. It’s a simple, efficient way to offer a high-value benefit to your team without increasing your overheads.

2.Happier teams mean better retention

Did you know that 61% of employees want to make the switch to an EV for their next car but price is a key barrier (78%)?

Our scheme gives employees access to a brand-new EV in a way that’s far more affordable than buying one themselves. Thanks to tax and National Insurance savings, they can save up to 40% on the cost. We’ve got all the top models available, from Teslas to family SUVs, so there’s something to suit everyone.

All this makes EV salary sacrifice a benefit that people genuinely value. It makes day-to-day life easier, and it shows you’re a company that cares about your team. That kind of support goes a long way when it comes to keeping people happy and attracting new talent. In fact, more than half of employees (59%) are more likely to join or stay with an organisation if they offer a great benefits package.

70% of employees expect green, ethical employers

73% of employers want cash saving benefits

61% want to switch to an electric vehicle

74% want their employer to offer salary sacrifice

1 / 4

3.It helps your business go green

Helping your employees switch to EVs is a great step towards reaching Net Zero. By offering EVs to your employees, you can cut your team’s carbon footprint and show that you’re serious about doing business more sustainably. It also helps strengthen your CSR profile, which is becoming more and more important to customers, investors, and employees.

4.It’s low admin

We’ve made our scheme as straightforward as possible. Everything’s bundled into one monthly payment, so there’s no need to juggle different providers.

When they sign up for the scheme, your employees get a brand-new EV, maintenance, insurance, tyres, MOT, and roadside assistance. We even throw in a free home charger or 4,000 free miles with Octopus Electroverse, Europe’s largest charging network, so your employees can hit the road straight away.

5.It’s flexible

Sometimes things change. Whether someone’s going on parental leave, off long-term sick or leaving the business, we’ve built in flexible terms to make sure no one’s stuck. We offer clear early exit options, so there’s no unexpected cost or stress if an employee’s situation changes.

Getting started with a salary sacrifice scheme is simpler than you might expect. It all begins with a quick chat, where we’ll learn about your business and help design a setup that works for you. From there, we take care of the details, making sure everything slots easily into your existing payroll and HR systems with minimal disruption.

Once the scheme is up and running, you’ll have a dedicated EV expert on hand to support you whenever you need. We can even join your team’s benefits day, and bring along an EV so your employees can hop in, take a look around, and see what it’s like behind the wheel. To help you spread the word, we’ll also provide clear, easy-to-share resources so your team knows exactly how the scheme works and what’s in it for them.