Tusker has launched what it claims is the only salary sacrifice car scheme specifically designed for medium sized businesses.
Accelerate is Tusker’s new off-the-shelf salary sacrifice product, with a simplified implementation process making it ideal for companies employing between 250 and 1,000 people, it says.
Accelerate works in exactly the same way as Tusker’s Salary Sacrifice for Cars (SS4C) Scheme, where employees are provided with all their motoring needs, including insurance, maintenance and early termination protection for a fixed monthly reduction to their salary, meaning all they need to do is add fuel.
Larger companies can also sign up for Accelerate, providing them an ‘express option’ to introduce salary sacrifice very quickly because of the shortened and simplified implementation process.
Tusker’s Accelerate product allows businesses with fewer than 1,000 employees to enhance their employee engagement, recruitment and retention with the most highly valued of all employee benefits, at no cost to the employer.
David Hosking, chief executive officer for Tusker, said: “Up until now there hasn’t been a salary sacrifice product that is suitable for mid-sized businesses.
“The demands of tailoring schemes properly for large employers and the detailed implementation process, has meant that they are not usually viable for employers with fewer than 1,000 eligible employees.
“With Accelerate we have designed a scheme that works ‘out of the box’. It’s ready to go immediately, giving employees instant access to information, videos, case studies, quotes and orders.”
He continued: “We are quite used to dealing across all departments, including fleet, HR, finance, purchasing and payroll. However, our greatest strength is in dealing with drivers. It is what we do to great effect, all day and every day.
“Now we have opened up the market to allow businesses of all sizes to offer their staff the most highly valued of employee benefits with the upmost simplification and ease.”