Fleet Alliance adds salary sacrifice to product portfolio
The new, fully automated and online, web-delivered scheme has been developed to provide a wider car choice for employees as part of their benefits package and to help companies tackle their grey fleet issues by providing access to new, more environmentally friendly cars.
In addition, the scheme has been set up so as to ensure there is no risk to the company if an employee leaves the business for whatever reason. Although the cars provided under the salary scheme remain company cars as the relationship is between Fleet Alliance and the company, they are automatically covered by business insurance, as well as GAP, paternity, maternity and redundancy insurance.
Glasgow-based Fleet Alliance, which manages over 8,500 vehicles on behalf of corporate clients, sees the new product as a natural extension to the portfolio of services it offers to fleet and corporate customers.
‘We felt that a salary sacrifice scheme was an essential part of our client offering and so have moved to launch this new online service for new and existing customers,’ said managing director Martin Brown.
‘We feel it will have particular appeal for companies that, as part of their employee benefits scheme, want to provide the choice of a car to a wider proportion of their employees than would normally qualify to receive a company car through their job grade.
‘It will also appeal to those companies that have a large number of grey fleet cars, created through the provision of cash for car allowances, as it will help tackle duty of care issues,’ he said.
Employees can decide how much salary they wish to sacrifice and can then view the choice of vehicles available in the Fleet Alliance scheme online with their full specifications, tax commitments and monthly lease rates, before deciding which one to opt for.
The cars are issued to employees with full maintenance and servicing already provided within the price, along with breakdown cover and even replacement tyre cover.For more of the latest industry news, click here.