- Wellbeing
A Sustainable Salary Sacrifice: Switch To Electric
Freya Hamid-Green
Octopus Energy
Show Your Team You Care with Thoughtful Benefits
Employee benefits are one of the most meaningful ways to show your team you truly care. A comprehensive benefits package can make employees feel valued and supported, and it’s no surprise that 75% of employees say they’re more likely to stay in a job because of the benefits they receive. Employees today are looking for more than just a pay check; they want to work for companies that align with their values and offer benefits that contribute to their overall wellbeing.
That’s where an EV salary sacrifice scheme comes in. Not only does it offer employees an affordable, sustainable, and future-forward way to get on the road, but it also demonstrates your commitment to caring for your team’s finances and the world around you.
Loving the Planet Through Sustainable Choices
Loving our planet is more important than ever. By introducing an EV salary sacrifice scheme, you’re making a huge contribution to the fight against climate change. EVs are the best environmentally friendly alternative to traditional petrol and diesel cars. They’ve got zero tailpipe emissions, reducing harmful pollutants and greenhouse gases.
By offering electric vehicles through salary sacrifice, your company is helping your employees reduce their carbon footprint and take a meaningful step towards a greener future. Each electric vehicle on the road can save 770 trees worth of carbon emissions! This is more than just a feel-good initiative; it’s a way for your company to walk the walk when it comes to sustainability.
Your Team’s Future Financial Health
In addition to helping the planet, an EV salary sacrifice scheme also shows your team you care about their financial future. As payments for their new electric car are taken from their pre-tax salary, employees can save up to 40% on the full EV package (car, charger, insurance, breakdown cover, and more). This means your team can access brand new or nearly-new electric vehicles at an affordable price, helping their payslip go further.
But that’s not all, Octopus EV’s salary sacrifice scheme offers even more savings and perks:
● A discounted Octopus Energy tariff for off-peak charging.
● Access to discounted solar panels and heat pumps, further supporting sustainable living at home.
These financial benefits not only make EVs more accessible, but they also help relieve financial stress, allowing your employees to feel more secure and supported in their daily lives.
Conclusion: The True Value of Employee Benefits
At the heart of every meaningful employee benefit is the message that your team is more than just a number – they are valued, appreciated, and cared for. By offering an electric car salary sacrifice scheme, you’re supporting your team’s financial health, environmental impact, and overall wellbeing.
If you’re ready to show your team some love this February and beyond, consider setting up the Octopus EV salary sacrifice scheme. It’s a win for your employees, your company, and the planet.
Thank you Freya for this insightful blog and contribution to Parallel-eb.co.uk. If you’d like more information please don’t hesitate to reach out via this form.
For more ideas or resources to support your colleagues’ finances & wellbeing, don’t hesitate to get in touch with us – contact caroline.masterton@parallel-eb.co.uk // 020 8874 1230