Here’s a summary of Corparisons key features, benefits and drawbacks of their EV salary sacrifice scheme:
| Fleet Sizes | |
| Small Fleet (1-20 Vehicles) | Efficient and cost-effective for small business salary sacrifice |
| Medium Fleet (21-100 Vehicles) | Solutions to reduce costs, increase efficiency, and streamline administrative salary sacrifice tasks for SMEs |
| Large Fleet (100+ Vehicles) | Comprehensive salary sacrifice solutions for bigger businesses. |
| Specialisation | Custom salary sacrifice solutions for any fleet size, partnering with leading funders for a comprehensive service. |
| Eligibility Criteria | |
| Driving Licence | Must hold a valid UK driving licence. |
| Age Requirement | Must be aged 18 or over. |
| Probation Period | Must have completed any probation periods as outlined in the employment contract. |
| Employment Status | Must be on a permanent contract or paid via PAYE. |
| Minimum Wage | Chosen car should not reduce the salary below the national minimum wage. |
| Comprehensive Fleet Management | |
| Vehicle Sourcing | Ability to source any vehicle regardless of make, model, or size. |
| Fleet Monitoring | Continuous monitoring of the fleet. |
| Maintenance | Regular maintenance services. |
| Compliance | Ensures compliance with regulations. |
| Administrative Support | Full admin service for electric car salary sacrifice schemes. |
| Highlights | |
| Competitive Prices | Offers competitive pricing for a range of brands and models. |
| All-Inclusive Package | Includes EV, breakdown cover, insurance, and home charger. |
| Application Process | |
| Contact Methods | Email: [email protected], Phone: 01395 202 245, Web Form, Postal Mail: Stratford House, Exeter, EX2 8ED. |
| Business Details | Basic business information needed to tailor the scheme. |
| Implementation | Corparison handles implementation at no additional cost. |
| Benefits and Customisation | |
| Customised Electric Car | Options range from basic car provision to comprehensive packages with additional services. |
| No Additional Workload | Corparison manages the entire scheme. |
| Policy Creation and Employee Access | Collaborative policy development and dedicated employee portal for vehicle browsing and ordering. |
| Pros | |
| Customisation | Tailored to specific business needs. |
| No Additional Admin | Full management of the process by Corparison. |
| User-Friendly Platform | Easy vehicle browsing and ordering for employees. |
| Cons | |
| Potential for Unforeseen Costs | Possible unexpected expenses without clear fee information. |
| Limited Public Reviews | Few online reviews available for service quality assessment. |
Corparison EV Salary Sacrifice Scheme
Overview of Fleet Solutions
Small Fleet (1-20 Vehicles): Corparison offers tailored mobility solutions for small fleets, ensuring efficient and cost-effective operations. The solutions are designed to meet the unique needs of businesses with up to 20 vehicles, providing a streamlined approach to fleet management.
Medium Fleet (21-100 Vehicles): For medium-sized fleets, Corparison’s solutions focus on reducing costs, increasing efficiency, and simplifying administrative tasks. These solutions help optimize fleet performance, making it easier to manage fleets ranging from 21 to 100 vehicles.
Large Fleet (100+ Vehicles): Large fleet solutions are aimed at delivering top-notch operations while maintaining exceptional customer service. Corparison ensures that businesses with over 100 vehicles can run their fleets smoothly and efficiently.
Specialization in Salary Sacrifice Schemes
Corparison excels in offering custom salary sacrifice solutions, regardless of the fleet’s size or scope. With a strong background in fleet management, Corparison partners with leading funders to provide comprehensive fleet services, consolidating all requirements into a single package.
Eligibility Criteria for Salary Sacrifice
To be eligible for the Corparison Salary Sacrifice scheme, employees must:
- Hold a valid UK driving licence.
- Be at least 18 years old.
- Have completed any probation periods as per their employment contract.
- Be on a permanent contract or be paid via PAYE.
- Ensure the chosen car does not reduce their salary below the national minimum wage.
Comprehensive Fleet Management Services
Corparison’s expertise extends to sourcing any vehicle, regardless of make, model, or size. Their services include fleet monitoring, maintenance, compliance checks, and full administrative support. This ensures that businesses can smoothly implement electric car salary sacrifice schemes.
Application Process for Businesses
To apply for the Corparison Salary Sacrifice scheme:
- Contact the Corparison Team:
- Email: [email protected]
- Phone: 01395 202 245
- Web form: Available on the Corparison website
- Postal Mail: Corparison, Stratford House, Waterbridge Court, Matford Park Rd, Marsh Barton, Exeter, EX2 8ED
- Provide Basic Business Details:
- Share necessary business information to tailor the salary sacrifice scheme to specific needs.
- Implementation:
- Corparison will implement the scheme at no additional cost, managing all aspects of the process.
Scheme Benefits and Customization
Customised Electric Car:
- Options range from basic car provision to comprehensive packages including insurance, breakdown cover, and maintenance.
No Additional Workload:
- Corparison handles all administrative tasks, ensuring no extra burden on the business.
Policy Creation and Employee Access:
- Collaborative policy development tailored to employee needs.
- Employees can browse, compare, and order vehicles through a dedicated portal.
Pros and Cons of Corparison’s Salary Sacrifice Scheme
Pros:
- Customization: Tailored to specific business needs with flexible options.
- No Additional Admin: Corparison manages the entire process, reducing business workload.
- User-Friendly Platform: Employees can easily browse and order vehicles.
Cons:
- Lack of Transparency: Limited details on early termination fees, deposit costs, and included services on the website.
- Potential for Unforeseen Costs: Businesses might encounter unexpected expenses without clear fee information.
- Limited Public Reviews: Few online reviews make it difficult to gauge service quality.
The Corparison Salary Sacrifice scheme offers a flexible solution for businesses. Its bespoke nature ensures that each organization can find a match for its specific needs and employee preferences. By handling all administrative aspects, Corparison reduces the workload for businesses.
Potential clients should seek additional information directly from Corparison to avoid unforeseen costs and ensure the scheme aligns with their expectations.
