The competitive job market and the ability to attract and retain top talent is paramount for companies to drive success. Strategic talent acquisition has evolved beyond filling vacancies; it's about building a strong and sustainable workforce. The focus on finding, attracting and retaining the best talent to meet your long-term organisational needs combined with creating an attractive workplace culture will not only fill a role but position your organisation as an employer of choice.
Employee benefits are the cornerstone of a successful employee strategy and plays a significant role in attracting and retaining a workforce. While competitive salaries remain essential, modern workers seek perks that also enhance their quality of life, support their sustainability goals and offer tangible savings. One such benefit that has been gaining traction is a vehicle salary sacrifice scheme, a win-win solution for both employees and employers.
What is a Salary Sacrifice scheme?
A vehicle salary sacrifice scheme allows employees to lease a brand-new car using a portion of their gross salary (pre-tax). This agreement between an employer and employee provides access to new, fuel-efficient vehicles or even better, electric vehicles at a significantly reduced cost. Salary sacrifice schemes also often come with packages inclusive of service, maintenance and repair (SMR). For employees, salary sacrifice schemes are an affordable way to drive a car with minimal hassle. For employers, it’s a cost-effective initiative that enhances employee benefits and supports organisational sustainability goals.
How do salary sacrifice schemes support talent acquisition?
- Attract top talent with employee benefits
In the competitive hiring environment, a vehicle salary sacrifice scheme stands out as a key benefit. It demonstrates that the company is forward-thinking and responsive to employee needs and values, especially with the growing environmentally friendly commuting options. - Boost employee satisfaction and retention
Employees value benefits that positively impact their finances and personal lifestyles. A salary sacrifice scheme can contribute to a happier and more engaged workforce. - Align with sustainability goals
The growing emphasis on the environment and sustainability has become a priority for the modern workforce. Electric and hybrid vehicles offered through a salary sacrifice scheme can highlight the company’s commitment to sustainability, making the organisation more appealing.
Where does Athlon come in?
Athlon SalaryExchange is our low-emission salary sacrifice scheme, designed to help you and your drivers access the right vehicle through more affordable options. Tailored to meet the needs of your business, our scheme provides a comfortable transition for both employers and employees with an array of bespoke solutions available. With our consultative approach and comprehensive end-to-end support, Athlon SalaryExchange makes it easy to align your organisation’s goals while enhancing employee satisfaction.
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