The industries that are most likely to offer EV salary sacrifice as a work benefit
As data from Octopus Electric Vehicles reveals 74% of employees would want their employer to offer salary sacrifice.
The landscape for workplace benefits is undergoing a transformative shift, from hybrid working to dog-friendly offices, and many employers are putting a larger focus on benefits than ever before. As professional social media pages grow in popularity, such as LinkedIn and TikTok, employees are far more privy than ever before to what competing employers are offering.
New research from Octopus Electric Vehicles found that 75% of employees are more likely to stay in their job role due to their employee benefits package, and from lowered ‘fuel’ costs to offering a wide selection of brand-new EVs, Salary Sacrifice is no longer a complicated benefits scheme, but a life hack to save employees money, which is why it is no surprise that 74% would want their employer to offer salary sacrifice.
With this in mind, Octopus Electric Vehicles has discovered which industries are leading the crowd being most likely to offer salary sacrifice as a benefit to their employees. To do this, the salary sacrifice experts analysed 300 job adverts on Indeed that promoted ‘EV salary sacrifice’ as a work benefit for employees – looking into the salary associated with the role, location, industry and business size. They are also offering their expert advice on how employers can ensure that employees are making the most of their company benefits.
The industries most likely to offer EV salary sacrifice as a benefit
How to ensure that employees are making the most of their company benefits
Google searches for ‘What is EV salary sacrifice?’ are up 100% in the last year, as more Brits look for information on schemes. Ensuring that employees are aware of the benefits on offer at their workplace, what they entail, as well as their value is very important as this will influence the number of people partaking in them.
The experts at Octopus Electric Vehicles are offering five tips for employers, to ensure that employees are making the most of their company benefits.
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Inform new hires of the benefits on offer
Ensure that employees are aware of the company benefits from the get-go. Within their onboarding, inform them of the variety of benefits on offer, why they are useful to have and when and how they will be able to access them.
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Offer refresher sessions on company benefits
Day-to-day life can get in the way of employees looking into their workplace benefits, which is why offering refresher sessions can be very beneficial to remind them what they have access to, as well as how they can access it.
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Review usage data from benefit providers
Having a complete understanding of how many employees are using the benefits on offer can be an insightful way to see where further information may be required. If a benefit is being redeemed less than others, this may be a sign that it is time for a refresher on what this benefit offers, and why it is of value.
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Run regular surveys to discover which benefits are most and least valued
Some benefits may not be as valuable to employees as others, which is why it is important to regularly check in to discover which benefits may not be worth continuing to offer. Running regular surveys will allow you to easily access and update this information.
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Provide clear and accessible information
Using brochures, online portals and emails, ensure that all information about the benefits on offer at your company is readily available for employees to access at their leisure.