Electric Cars / Employer / Salary Sacrifice
Back

Boost attraction, motivation, and retention with a new employee car scheme

Tusker, the leading provider of salary sacrifice car schemes, have been helping organisations transform their benefits since 2008. Today, part of Lloyds Banking Group, Tusker is trusted by hundreds of major employers: working with over half of NHS Trusts, over 150 councils, as well as private sector giants including National Grid, EDF, Siemens, and ScottishPower.

A smarter employee benefit

By joining Tusker’s award-winning salary sacrifice car benefit scheme, your eligible employees (eligible, as employees need to remain comfortably above National Minimum Wage after the salary sacrifice is reduced from their pay) will have access to brand-new or pre-loved, fully insured, fully maintained cars including electric and hybrid vehicles. Employees don’t have to go through the lengthy process of searching for affordable cars, saving up enough funds for a deposit, and dealing with the financial implications of high interest rates and extra National Insurance and Income Tax costs.

Through Tusker’s salary sacrifice scheme, they have a gateway to a huge range of high quality, sustainable cars, all for a fixed, monthly cost, and no large upfront charges.

On top of this, the scheme covers insurance, road tax, servicing, maintenance, tyres, and breakdown cover, offering significant savings for employees. This allows eligible employees to enjoy all the perks of a new vehicle. Many workers involved in the scheme have even stated that driving a car through Tusker feels like a 4-5% pay rise, a powerful tool in today’s competitive job market.

Cory Laywood, Service Centre Manager for Leicester City Council

“Employees love the scheme, I would 100% say it helps us to attract and retain staff and I think from an employer’s perspective, the fact that there’s no cost to you, the fact that the admin is really easy makes it a little bit of a no-brainer.”

Why it works: Recruitment, retention and wellbeing

Tusker’s salary sacrifice car benefit scheme helps organisations tackle some of today’s biggest workforce challenges:

– Attract top talent and sustainable reward that makes you stand out from competitors

– Boost employee engagement, morale and wellbeing by boosting their financial wellness

– Providing a reward that truly helps them and shows that you recognise their value

– Reduce turnover rates by making your benefit packages more attractive

– Support sustainability and wider ESG strategies by encouraging employees to reduce their carbon footprint with their travel.

More sustainable travel

Studies suggest that employer’s environmental policies are becoming extremely important to employee attraction and retention. For example, Deloitte research highlights how two in ten Gen Z and Millennials have already changed jobs to better align their work with their environmental values. As younger generations take over more of the global workforce, now is the time to act and make sure your benefit offerings meet their values and expectations.

Tusker is passionate about helping organisations enhance sustainability. We offset the tailpipe emissions and grid charging from every salary sacrifice car we put on the road, making sure employees drive knowing they are making a difference.

As part of Lloyd’s Banking Group’s ambition to help Britain transition to a net-zero future by  2050, Tusker actively encourages uptake of Electric Vehicles (EV’s) and Ultra Low Emission Vehicles (ULEVs) – helping employees and businesses meet their green goals affordably. Since 2019, we have moved our customer car orders from 17% electric to 80%.

Tusker’s environmental credentials include:

– Green Apple Environmental Awards Winner – five times (2018–2023)

– Sustainability Company of the Year – Sustainability Today Awards 2022

– EV Finance and Insurance Award – E-Mobility Awards 2023

          

Protected for the future

Tusker’s market-leading Lifestyle Protection covers early termination costs for redundancies, long-term illness, maternity/paternity leave, retirement, TUPE and resignations, ensuring both employers and employees are protected from unexpected life events.

Why more employers are choosing Tusker

– 16+ years’ experience in Salary Sacrifice

– 2500+ organisations across the UK entrust salary sacrifice schemes to us

– No cost to implement, low-admin solution for employers, with an easily accessible online portal for employees

– Huge range of EVs, Hybrids and Petrol models available

– Protection against employee lifestyle changes

– Carbon offsetting and green credentials

Here's why Tusker is perfect for you

Interested in finding out more?