Electric vehicle salary sacrifice scheme goes live at Warp Snacks

An electric car salary sacrifice scheme has been introduced for staff at Warp Snacks in partnership with Fleet Alliance. 

The salary sacrifice scheme, which was launched in January this year as part of the company’s People and Planet goals, is currently available to around 130 eligible staff.

Eleanor Sheehan (pictured), from the People Team at Warp Snacks, said that there had been interest across the business after the scheme was communicated to staff through company-wide sessions in January, followed by a special EV launch meeting for interested team members.

“There has been lots of requests for access to the scheme portal from many areas,” she explained. “And we have installed charging units in our car park to help encourage uptake of EVs.”

Ten cars have been supplied to date, all electric models from established brands such as Polestar, Volkswagen and Kia, with staff able to identify and order new EVs through a dedicated portal.

“Electric cars are very cost advantageous because of the low taxation associated with them, as well as having environmental benefits, and our employees have appreciated that,” added Sheehan. 

Fleet Alliance CEO, Andy Bruce, said: “Warp Snacks is to be applauded for its decision to introduce electric cars through a salary sacrifice scheme as EVs combine advantageous tax breaks with a sustainable solution for businesses.”

Fleet Alliance calculates that leasing an EV through one of its salary sacrifice schemes can save up to 60% of the running costs compared with personal contract hire (PCH), while at the same time not impacting on personal credit lines.

“Electric car salary sacrifice offers huge tax benefits,” added Bruce. “And, as we competitively tender each salary sacrifice lease across a panel of competitive funders, we can leverage the access to an electric car for our customers and their employees.”