The team, led by business development director Alison Argall, will learn the outcome at the award ceremony on 28 February at the Lancaster hotel in London.

The company said that much of its success in the salary sacrifice arena has been down to the knowledge and expertise of its sales team, which has helped grow its reputation as experts in this area.

Tusker’s chief executive officer, David Hosking, added: ‘One of the many reasons for the team’s success is their ability to simplify a sometimes complicated product, and help prospective clients clearly understand how it can bring benefits and savings not only to the company, but to their employees as well.’

Tusker’s salary sacrifice product, SalarySacrifice4Cars (SS4C) is used by organisations in both the public and private sectors throughout the UK. Last year it won a number of business and innovation awards, and was also shortlisted for the Orange Innovation Award at the 2012 National Business Awards.