Retailer Central Co-op has launched an electric vehicle salary sacrifice scheme as part of its ongoing commitment to sustainability.
Through the scheme, which is provided by Octopus Electric Vehicles, Central Co-op’s company car drivers and car allowance recipients can select a brand-new electric car with no upfront costs. The scheme also includes insurance, maintenance, road tax, MOT, AA breakdown cover and a free home charger.
Eligible employees can participate by sacrificing a portion of their gross pay and will be able to save up to 40% on monthly costs.
To support the scheme rollout, Central Co-op and Octopus Electric Vehicles will host webinars that offer an introduction to salary sacrifice car arrangements, discussions on the affordability of electric vehicles and test drive events.
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Jennifer Roberts, senior reward and wellbeing manager at Central Co-op, said, “We are delighted to be able to offer this benefit and expand our green fleet, which supports our sustainability goals as a society. Our society drivers have also expressed their desire to be able to opt for green vehicle options where possible, and the benefit gives them a wide range of options to suit their needs, while also helping the society to make a difference.”
Central Co-op’s continued investment in sustainable practices and employee wellbeing has also seen the introduction of a free virtual GP service and the installation of solar panels across all locations. Last November, it introduced a financial support benefit across its support centre, food and funeral operations teams so staff can access a range of tools, services and resources to support their mental health, money and the rising cost of living.