Eight out of 10 employees would sacrifice a portion of their salaries to opt into a company car scheme, according to a survey by Lex Autolease.
More than three quarters (78%) of grey fleet drivers, who use their own car for business use, said they would opt for a salary sacrifice arrangement if it included a competitive monthly lease cost.
Andrew Hogsden, senior manager of Lex Autolease’s strategic fleet consultancy, said: “The beauty of salary sacrifice is that it meets both of those financial requirements handsomely.
“Firms can pass on the benefits of their buying power to employees and both parties also share in the national insurance savings.†
“Given that national insurance contribution rates were upped in April, salary sacrifice is now an even more attractive proposition.”
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