The Royal Banks of Scotland (RBS) is offering its employees tax-free local bus travel tickets for use on Arriva buses.
Employees can opt, via the bank’s flexible benefits scheme, to pay for annual Arriva bus tickets on a monthly salary sacrifice basis. Employees taking up the perk, pay for the tickets from their gross monthly salary.
The tickets are valid on the majority of local bus services run by Arriva outside London, excluding Green Line coaches to and from London, sightseeing buses, park and ride services, and tours or excursions..
Trevor Blackman, head of remuneration and benefits at RBS, said: “As well as being a more environmentally-friendly way to get to work, the tax-free bus scheme allows our employees to make considerable savings on their annual travel costs.
“At RBS we are constantly looking at ways to improve our flexible benefits scheme to ensure the products on offer add real value for staff.”