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Tusker reports record demand for salary sacrifice & contract hire

The firm has reported a record performance for its salary sacrifice scheme, SS4C, over the first four months of 2014, with the highest ever number of new car orders and its largest ever order bank for its SS4C scheme.

At the same time, the company’s contract hire and leasing operation has also seen a string of new business wins which have added over 700 vehicles to its traditional contract hire fleet.

Salary sacrifice cars ordered by Tusker have now passed the 10,000 mark and the number of schemes in operation has grown to more than 155, a growth rate of 55% in the last 12 months. This is set to continue as the new customer pipeline will deliver a further 50 new schemes by the end of 2014. 

Amongst new organisations signing up for the SS4C scheme are the University of Cambridge, with almost 11,000 eligible employees, and energy products and solutions provider Doosan Babcock, which has 1,800 eligible employees. Both organisations have switched over from previous suppliers.

Tusker’s chief commercial officer, Iain Carmichael, said: ‘This has been an outstanding first four months of 2014 for Tusker with new records being achieved for every Key Performance Indicator that we have set. We are now delivering record levels of growth and profit and are confident we are on track to deliver our stretching plans, for future growth and profitability.’ 

Chief operating officer Mark Sinclair added: ’We continue to invest heavily in our people and systems to ensure that, as we grow at this rapid rate, we can continue to provide the gold standard level of customer service and engagement that has been instrumental in helping us achieve our outstanding performance.’

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.