Saving money is top reason staff choose salary sacrifice arrangements

Cost saving is the main reason that employee drivers are attracted to salary sacrifice arrangements, according to research by fleet management firm Zenith.

The research found that 41% of employees ranked the potential savings that could be made via salary sacrifice arrangements as their most appealing feature, while 11% chose the benefit to the environment, 9% chose choice and flexibility, and 5% chose accessibility.

Employees were also asked to list the most important factors to be considered when selecting a car through a salary sacrifice arrangement. The top answers were: cost (33%), brand (22%), car specification (21%) and environmental impact (15%).

Salary sacrifice company car arrangements provide cost efficiencies delivered through tax savings, an all-inclusive package with fixed costs, and additional savings for choosing a low-emission car.

Read more articles on salary sacrifice company cars