Opening up salary sacrifice car schemes to teachers could address employee retention issues, says Tusker
As reported by The Telegraph earlier this year, nearly half of teachers are leaving the profession a year after obtaining their qualification according to the Association of Teachers and Lecturers (ATL).
Now a new survey carried out by salary sacrifice specialist Tusker in September and October amongst 330 teachers has identified three key issues that the Government needs to address to solve the retention issues: workload, employee benefits and pay. The survey also found that nearly six in ten (58.41%) teachers say they do not have employee benefits while less than one in ten (9%) say they are satisfied with their current employee benefits package.
In response Tusker has said that with pay increases difficult to achieve, teachers are far more likely to get a fair deal through employee benefit improvements that make their work-life balance more attractive.
It also highlighted that teachers are the only professional group in the country excluded from accessing salary sacrifice car schemes.
Chief executive David Hosking commented: “This is an easy win for the Government as they seek to address the teacher retention challenge. Thousands of teachers from around the country have shown their dismay to us that they are excluded from salary sacrifice car schemes.
“Over 400,000 teachers are excluded from one of the UK’s most popular employee benefits – they allow people to make huge annual savings and who better to grant access to these schemes than teachers – the lifeblood of our society.”