AI Issue 8 2017

94 Acquisition International - 2017 Excellence Awards Fleet Evolution is a Tamworth based firm providing a wide range of salary sacrifice car services, from a fully managed salary sacrifice car scheme to specialist partnerships for a key area of concern. We caught up with Andrew Leech to find out more about the innovative solutions the company provides. mployee Car Schemes are one of the fastest growing employee benefits and since 2010 Fleet Evolution’s award winning approach has made such schemes accessible to all with virtually no admin and no risk to the employer. “Here at Fleet Evolution, we offer a range of employee car schemes to suit all, from salary sacrifice, our best value scheme saving the employee up to 45% compared to retail with no employer cost nor leaver risk to employee car ownership schemes. Our overall mission is to make employee car schemes as widely adopted as other salary sacrifice benefits such as cyclescheme and childcare vouchers. It has already been approved by HMRC at a similar level and our implementation strategy makes it less hassle than other salary sacrifice benefits, however the adoption is typically higher as well over 90% of employees have a car currently, a new car for the same cost as a 4/5 year old model is a no brainer for employees. “When we set up in 2010 salary sacrifice car schemes were complex, hindered with employer risk and only available to the larger employers, we wanted to remove the obstacles to all employers offering such a valuable benefit and 7 years on Company: Fleet Evolution Ltd Contact: Andrew Leech Email: engagement@ fleetevolution.com Address: The Dovecote Pimlico Farm Austrey Lane, Tamworth, B79 0PF, UK Phone: 0844 848 3455 2017 Excellence Award: Most Out- standing for Salary Sacrifice Car Services E GE170010 2017 Excellence Award: Most Outstanding for Salary Sacrifice Car Services we have introduced schemes to employers from 3 employees up to 10,000 delivered in a couple of days with no employer cost or leaver risk at all. This approach is truly revolutionary but our real differentiator is our engagement strategy ensuring that the benefit is loved by employees. A car is the second biggest expense for most employees, we remove some of the cost and all of the hassle. A simple monthly deduction covers everything but fuel for the employee and the employer just facilitates the payment with a corresponding payroll deduction.” Sustainability is a key focus of the industry currently, and Andrew is keen to outline the developments he is seeing in this space. “Within the wider corporate car market, green cars and we work with manufacturers to ensure that they are aware of our customer’s employees’ needs and our customer’s employees are up to speed with the latest development. No longer does a green car mean a compromise, from £20,000 family cars that cover 200 miles on a single battery charge to supercars covering more than 300 miles at under 3 seconds 0-60mph. This is an exciting world and we are ready to enter it as we explore more sustainable vehicles.” As he looks towards the future, Andrew is excited for the various developments that his firm has in store. “Fundamentally, at Fleet Evolution we are already evolving the strategy we pioneered to salary sacrifice cars to another monolith, employee car schemes, currently the alternative to a company car for companies employing over 2,000 people we are bringing this valuable benefit to the SME sector. Other initiatives include a revolutionary fleet management product where clients pay anything until we demonstrate savings. Overall, we are looking forward to showcasing these latest innovations and highlighting the level of excellence we offer to our clients, both existing and future.” “No longer does a green car mean a compromise, from £20,000 family cars that cover 200 miles on a single battery charge to supercars covering more than 300 miles at under 3 seconds 0-60mph. This is an exciting world and we are ready to enter it as we explore more sustainable vehicles.”