XPO Logistics Launches Electric Vehicle Salary Sacrifice Scheme for UK Employees
Logistics solutions provider XPO Logistics is leading the way in employee benefits and environmental stewardship with the launch of their new electric vehicle (EV) and hybrid salary sacrifice arrangement for UK employees. This innovative scheme, provided in partnership with vehicle leasing firm Arval, offers employees the opportunity to access competitively priced cars while saving on income tax and national insurance contributions. In addition, the scheme covers all insurance and maintenance costs, making it a convenient and cost-effective option for employees.
By choosing electric or hybrid cars through this scheme, employees not only benefit from tax savings but also contribute to reduced carbon emissions and support eco-friendly commuting solutions. This aligns with XPO’s sustainability goals and their commitment to carbon neutrality by 2050, showcasing their dedication to both employee well-being and environmental responsibility.
The scheme is open to all permanent XPO Logistics staff who meet specific eligibility criteria, including age, driving experience, and driving record. Employees can apply through an online portal and undergo a national minimum wage check to confirm their eligibility, making the process simple and accessible for all qualifying employees.
Lynn Brown, vice president of human resources for the UK and Ireland at XPO Logistics, expressed enthusiasm for the new scheme, stating, “Through this initiative, we are reaffirming our commitment to employee welfare and the environment. We are proud to offer schemes that benefit both our team and the planet, reflecting our core values of innovation, people focus, and sustainability in action at XPO Logistics.”
She added, “This holistic approach combines tax and national insurance savings with inclusive insurance and maintenance packages, enhancing employee satisfaction and providing eco-friendly transportation options. This initiative underscores our focus on both financial and environmental benefits, showcasing our dedication to the well-being of our employees and the planet.”
Overall, XPO Logistics’ new electric vehicle and hybrid salary sacrifice arrangement is a win-win for employees, the company, and the environment. By providing accessible and eco-friendly transportation options, XPO is setting a positive example for other organizations looking to prioritize employee benefits and sustainability in the workplace.