Leasedrive in salary sacrifice deal with Prudential

Leasedrive Group has secured a four-year contract to supply its MyCar salary sacrifice scheme to Prudential.

John Wills, fleet manager at Prudential, said: "When we went out to tender it was important that we not only achieved a competitively priced arrangement but found a partner who could deliver a scheme that was closely aligned to our culture.

"We have built up a strong business rapport with Leasedrive and have been particularly impressed with the functionality of the mycar website. With 2,400 eligible employees, it has helped to significantly reduce the administrative burden of running the scheme while colleagues have found the web quoting system, to compare and select a vehicle, easy to use."

Roddy Graham, commercial director at Leasedrive, said: "We have worked closely with Prudential to publicise the car salary sacrifice to its employees. Communicating the offer in the right way to make for a compelling employee experience is a key ingredient in the car salary sacrifice mix. Now engaged Prudential employees can benefit from the use of a more fuel efficient, low CO2 emitting, fully serviced and maintained new car, backed by comprehensive insurance and accident management, at a fixed budgeted monthly cost."

Under the mycar initiative, employees sacrifice some of their salary in exchange for a brand new vehicle which is fully serviced and maintained. The employee saves tax and national insurance on the money sacrificed, making it a very cost effective way of leasing a car.

Take part in the next Fleet News salary sacrifice seminar on May 13 at Cranage Hall, Cheshire. Email nicola.baxter@bauermedia.co.uk for more information.