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Subsea 7 signs salary sacrifice deal with Tusker

By / 11 years ago / Latest News / No Comments

Senior human resources manager Jackie Mann said the company wanted to make as many benefits options available to staff as possible.

'Offering a car as part of our flexible benefits package is very much in line with our policy of giving our employees as many benefits options as possible,' she said.

'We set an upper carbon emissions limit of 160g/km for cars that can be included in the scheme, and have so far had in excess of 40 new car orders in the two months that the scheme has been live.

'There has been a very positive reaction from our employees. Cars being ordered are generally smaller, with lower emissions, than cars that we have seen ordered through the cash allowance system that we had previously made available to senior employees in the company.

'This is good news for us as it is in line with our environmental policy objective of being seen to be environmentally friendly and running as many "green" cars as possible,' she said.

'Our employees have taken to the new system extremely well and adapted to it very quickly as they were used to salary sacrifice from the previous benefits that we offered. They are allowed to take as many cars as they want, although in practical terms this has been up to two per person.

'Salary sacrifice is proving to be a very cost-effective way of leasing a car, particularly for spouses, sons, daughters or other family members,' she added.

Tusker managing director David Hosking said: 'We are delighted to announce this new salary sacrifice scheme with Subsea 7 as part of its benefits package.

'The company needed flexibility in its offering to staff, who work in many different locations around the world. They wanted an online capability that meant staff could observe and order available cars online and could be communicated with electronically at all times. We were glad to be able to meet that specification,' he added.

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