Insurance firm Allianz has introduced an electric car salary sacrifice scheme for its more than 8,000 UK employees.
The scheme, which is provided by ElectriX, part of LV= General Insurance and CBVC Vehicle Management, is available to all employees. They can choose between electric and plug-in hybrid cars, while the cost of the lease is calculated monthly and deducted from their gross salary through payroll.
Through the scheme, Allianz employees can also access a bespoke portal to research the cars available, reviews and mileage bands, fixed cost motor insurance for three years, lifestyle protection if their circumstances change, and an all-inclusive approach combining home charger, servicing, maintenance and breakdown cover.
Sign up to our newsletters
Receive news and guidance on a range of HR issues direct to your inbox
Julie Harrison, chief HR officer at Allianz UK, said: “We are always looking at ways to improve our employee offering to make Allianz a fantastic place to work and this scheme is particularly important as it combines our role as an employer and insurer. Unlike a personal lease, there is no upfront deposit or credit check required so the scheme removes upfront costs and opens up a wealth of choice. We know it’s something our people have been looking forward to and is a big milestone on our new benefits roadmap.”
Other employee benefits offered by Allianz include a minimum of 22 of annual leave plus bank holidays, along with an additional day for birthdays, enhanced maternity and paternity leave, flexible-working arrangements, professional mental health support, health and wellbeing support,discounted insurance products, retail discounts, holiday buy and sell, annual business and performance-based bonuses, pension contributions and life cover worth up to four times a salary.