CAR salary sacrifice specialist Fleet Evolution says employers can improve take up rates of such schemes with proper promotion.
Despite the savings on offer, car salary sacrifice schemes are not widely understood by a large number of employers and employees.
This means it is up to supplier to explain the benefits and help participants take full advantage of what is on offer.
Fleet Evolution Director Andrew Leech said: “If a supplier is given the privileged opportunity to supply vehicles to a client’s employees, they have a responsibility to proactively promote the benefits and ensure that every participant is maximising the value of the scheme.
“At Fleet Evolution, we are committed to helping each and every customer get the most out of our service.
“That is why we clock in a 10 per cent first year benefits adoption rate which is unprecedented.”