Why choose Synergy for your vehicle salary sacrifice scheme?
If you’re an employer looking to reward and retain your staff, introducing a car leasing salary sacrifice scheme is a great option. It makes securing a new hybrid or electric car easier whilst meeting your environmental, social, and governance (ESG) business targets.
In this guide, we’ll explain why employers should choose Synergy for their vehicle salary sacrifice scheme. We’ll explore what businesses should look for in a salary sacrifice provider and highlight the key benefits of Synergy’s best-in-class customer service.
What should businesses look for in a car salary sacrifice provider?
Salary sacrifice car leasing is a great employee benefit and continues to increase in popularity. When you’re evaluating what provider to choose, here’s what you should look out for.
Clear communication
Employers should feel confident about offering a salary sacrifice scheme as part of a benefits package. So, your chosen provider should offer clear communication every step of the way. This helps businesses understand their scheme’s benefits and makes rolling it out to employees easier. Once employees have signed up, good communication will make them feel more supported throughout their leasing journey and encourage more uptake.
Monthly payments without large up-front deposits
Salary sacrifice leasing doesn’t require a large up-front initial deposit and instead benefits from fixed monthly payments. This is then deducted from an employee’s salary before tax once a vehicle has been delivered. Including this as part of your scheme and transparent pricing from the provider is critical.
Inclusion of car insurance, breakdown cover, servicing, repair, and MOT
Leasing through salary sacrifice is a great way to remove the hassle of ownership. As standard, things like breakdown and maintenance/servicing should be covered. When evaluating providers, check to see how comprehensive their scheme is and what each driver will need to cover.
Great choice of electric and hybrid vehicles
Leasing through salary sacrifice should include a wide range of electric and hybrid vehicles that produce less than 75g/km of CO2. Whether your employees need a small electric hatchback, like the Cupra Born or MG4, or a plug-in hybrid SUV, such as the VW Tiguan or Hyundai Tucson, your provider should offer plenty of choices. Check with each of them and see if there are any restrictions on the types of vehicles they offer.
Why choose Synergy for your car leasing salary sacrifice scheme?
Synergy Salary Sacrifice can be tailored to meet your business requirements. You’ll work closely with our dedicated salary sacrifice consultants to launch a scheme that works for both your company and your employees. Here are a few reasons to choose Synergy as your car leasing salary sacrifice scheme provider.
Credit facility options to suit all business sizes
We have years of experience working with businesses of every size. Whether you’re a small business with just a handful of employees or a startup experiencing rapid expansion, our team can help. Synergy will guide you through the application process, advising on the requirements set out by funders and your credit options.
Comprehensive leasing package
Here’s what you can expect to be included with Synergy’s maintenance lease plan:
- Routine maintenance and servicing*
- Full breakdown cover
- Manufacturer’s warranty
- Insurance may be included, dependent on your scheme set-up. (Please note that insurance is a requirement for driving the vehicle.)
Award-winning customer service
Synergy is a member of the British Vehicle Rental and Leasing Association (BVRLA), so we’re committed to the highest standards of customer service, fair terms, and transparency. If you choose Synergy as your salary sacrifice provider, you’ll benefit from your own dedicated account manager who’s supported by our wider business team.
In-stock vehicles available for immediate dispatch
At Synergy, we have developed strong manufacturer relationships to help us secure additional vehicle discounts and expanded access to in-stock vehicles. These are a great option if you want to avoid a factory order, which often comes with a longer lead time. However, it is worth bearing in mind that these are available in limited numbers and change frequently.
Dedicated salary sacrifice portal
Our easy-to-use online portal is a hassle-free way to manage your salary sacrifice car scheme. We set each portal up according to your scheme rules, with all the relevant documents that can be accessed at any time. Employees are then free to compare the vehicles available and their pricing, and then configure their ideal contract to see the overall salary reduction. After the employee places an order, employers can simply accept or reject it, and Synergy does the rest.
Is salary sacrificing a car worth it for employers?
Offering a salary sacrifice scheme can be valuable to employers. If you’re looking for a salary sacrifice provider, we’d suggest speaking to our leasing consultants. They’ll give you the freedom to set up a scheme that works for your company and answer any questions you might have.
We’ve been awarded the Feefo 10 Years of Excellence Award for a decade of best-in-class customer service. We’ve also been recognised as Broker of the Year 2024 in the Broker News Awards and awarded the Broker News Customer Service Award 2024.
To find out more, get in touch with us today.
