A Brief Overview of The Electric Car Scheme Offerings

The Electric Car Scheme is a UK-based company that simplifies access to electric vehicles (EVs) through a tax-efficient salary sacrifice arrangement. The Electric Car Scheme specialises in making EVs accessible to a wider audience by eliminating upfront costs, offering flexible leasing options, and providing comprehensive risk protection or employers. The company is committed to sustainability and affordability, enabling businesses to align with their net zero while supporting their employees with a desirable benefit.

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The Main Benefits for Employees

For employees, The Electric Car Scheme offers several key advantages:

1. Significant Cost Savings: Salary sacrifice allows you to save thousands of Pounds on any electric car of your choice. You simply agree to have a portion of your pre-tax salary deducted each month to cover the car cost. This lowers your income tax and National Insurance contributions, making EV ownership far more affordable than traditional purchase or leasing methods.
2. Zero Upfront Costs: The scheme eliminates the need for an initial deposit, allowing employees to access a premium electric car without a large upfront payment. This makes the scheme accessible to more individuals, regardless of their financial situation.
3. All-Inclusive Leasing Package: Employees enjoy a worry-free driving experience as the scheme includes comprehensive insurance, servicing, maintenance, MOTs, tyre replacement, and breakdown cover. This eliminates unexpected expenses, making EV ownership both predictable and manageable.
4. Wide Range of Vehicles: The Electric Car Scheme offers access to a variety of electric cars, including affordable entry-level models and luxury EVs, catering to different needs and preferences. 
5. Eco-Friendly Benefits: By choosing an electric car, employees contribute to reducing carbon emissions and combating climate change. The scheme aligns with the values of employees who want to make environmentally conscious commuting choices.
6. Convenient Digital Platform: Employees can browse vehicles, generate quotes, and manage their lease agreements through The Electric Car Scheme’s user-friendly online portal, streamlining the entire process.
7. Used Cars: The Electric Car Scheme’s selection of used EVs offers the most affordable way to drive electric, and they can have one delivered to your home in just 14 days.

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The Main Benefits for Employers

Employers benefit significantly by offering The Electric Car Scheme as part of their benefits package:

1. Attract and Retain Talent: Providing access to affordable EVs demonstrates a commitment to employee well-being and sustainability, making organisations more attractive to top talent and fostering loyalty among existing employees.
2. Cost-Neutral Implementation: The Electric Car Scheme is designed to be cost-neutral for employers. Administrative fees are offset by savings on National Insurance contributions, ensuring no added financial burden.
3. Sustainability Goals: Partnering with The Electric Car Scheme allows employers to support their corporate social responsibility (CSR) initiatives by promoting greener commuting options and reducing the organisation’s carbon footprint.
4. Comprehensive Risk Protection The scheme includes protection against unexpected costs, such as early termination fees when an employee leaves the company. This ensures financial stability for the employer.
5. Hassle-Free Administration: The Electric Car Scheme manages all aspects of setup and ongoing administration, reducing the workload on HR and payroll teams. Employers benefit from expert support throughout the process.

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Special Features You’d Like to Highlight

1. Exceptional Risk Protection The Electric Car Scheme offers industry-leading risk protection including coverage for employee turnover, maternity or paternity leave, and long-term illness. Employers are safeguarded against unexpected costs.
2. The Charge Scheme: Employees can now save on all charging costs through salary sacrifice, making electric car charging cheaper for everyone - whether at home, the office, or in public.
3. B Corporation Certified: The Electric Car Scheme is a proud B Corporation, ensuring high standards of social and environmental responsibility. This certification reflects the company’s commitment to sustainability and ethical business practices.
4. Best prices available: Through the Electric Car Scheme You will access the top leasing companies to ensure your employees get the best prices available. The best prices are required to get good employee take-up.
5. Access to Trusted EV Brands: Employees can select from an extensive range of vehicles, including options like Tesla Model 3, Hyundai Kona Electric, and Nissan Leaf, ensuring choices that fit various budgets and lifestyles.
6. Customisable Employer Portals: Employers receive a dedicated portal to track and manage the scheme, simplifying administration and ensuring a seamless experience for both HR teams and employees.
7. Commitment to Employee Engagement: The Electric Car Scheme provides educational resources, including webinars and EV guides, to help employees understand the benefits of switching to electric vehicles, boosting engagement and participation.