TR Fleet has announced plans to bring it’s salary sacrifice platform to market in June.
The back office platform will help fleets to integrate the administration of its salary sacrifice product into companies HR systems.
Salary sacrifice as an alternative funding method has been gaining momentum over recent years and this system will enable companies to manage the process in-house, and calculate the budget for each employee to choose vehicles that are affordable within their salary.
“I don’t think there has been a salary sacrifice platform that HR departments have actually wanted before, we are building our salary sacrifice product on the back of feedback from these HR communities,” said Julie Boyd, managing director at TR Fleet.
Boyd anticipates that the new system will see salary sacrifice take up increase and continue to grow into the future.