Three reasons why businesses choose Octopus EV for their salary sacrifice scheme
Jul 1, 2026
4 min read
Over 8,500 employers choose Octopus Electric Vehicles to run their salary sacrifice scheme, and we’ve helped over 50,000 people switch to an EV and get on the roads.
Those are stadium-filling numbers. You could say we’re the Ed Sheeran of electric vehicles. But why are we so popular?
You’re financially secure with us
We can all agree that risk = bad and uncertainty = bad. We smooth things out so you can feel all the excitement of electric and none of the jitters.
- First off, our scheme is free to set up with no ongoing running costs.
- We also use our own funding line. No brokers or middlemen means no competing interests and fewer moving parts.
- You get early termination protection for extra peace of mind.
- And we’re plugged into the wider Octopus ecosystem – more on that below.
Salary sacrifice helps you and your employees save up to 40% on a new EV. And the business will save on Employer National Insurance, too – 50 cars add up to approximately £12,726 in annual savings.
Paul Connor is Head of Financial Accounts at Sirona Care & Health. “It puts everything together in one payment”, he explains. “Tax, insurance, servicing, everything’s in one place. From a financial point of view, it’s extremely beneficial for staff. And for us as an employer, there are National Insurance savings too, which means we can reinvest more money back into services.”
It’s easy for your team and easy for you
You might be thinking a salary sacrifice scheme will involve endless admin. Well – ours doesn’t. We’ve set up our scheme so it’s simple to launch and easy to manage, with plenty of support on hand for you and your employees. Here’s how we do it and what you get.
- Low faff: Minimal extra work for your HR and payroll teams.
- A dedicated account manager: A single point of contact to help you launch.
- Online portals: Full visibility of your team’s cars.
- Education: Webinars and FAQs are all included.
“The launch was fantastic; there was no pain at all from start to finish” says Lucy Gotting, Global Senior Manager, People Operations at WPP. “The people our employees speak to are very helpful, and the portal's really easy to use. It was super straightforward.”
You’re part of the Octopus ecosystem
Some schemes just tick one car-shaped box. Ours does much more than that. We help drive your business forward by plugging you into the Octopus Group ecosystem.
Add workplace charging and smart energy solutions into the mix to unlock bigger savings and make real progress on your Scope 1, 2 and 3 emissions.
What you get from Octopus
- Up to 40% off a new EV through Octopus EV
- A home charger from Octopus Energy Services
- Public charging options with Octopus Electroverse
- Workplace charging and smart energy solutions for your business with Octopus Energy
- Simple access to public charging for fleet drivers with Octopus Fleet
A good scheme = a good benefit
If your salary sacrifice scheme is complicated and difficult to administrate, it could lead to panic on payday. And any mistakes or poor quality service reflect badly on you as an employer.
If you want your salary sacrifice scheme to be a positive boost to your employee benefits programme that helps you attract talent, we recommend choosing your provider carefully.
The Octopus EV salary sacrifice is easy for both managers and employees, is designed with financial security in mind, and helps you tap the benefits of the wider Octopus ecosystem.
Oh, and we’re rated 4.8* on Trustpilot.
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