Novalease: Zero-Risk Salary Sacrifice Car Scheme for Employers

Novalease is SG Fleet's salary sacrifice car scheme for employers, designed to remove employer risk and minimise administration. Unlike traditional salary sacrifice schemes, Novalease places the lease agreement directly with the employee, giving businesses a simple way to offer valuable car benefits while providing employees with greater control, protection and flexibility.

Why Choose Novalease for Your Business?

Low admin Zero-risk solution Only FCA regulated scheme in the UK

Low admin

Other than ending payroll deductions and approving orders, there is no employee admin whatsoever – all out of contract charges are dealt with directly with the employee. 

Zero-risk solution

As the lease is held in the employee’s name, there is no financial liability or contractual risk for the employer. The employee is directly responsible for the agreement, making it a simple and zero-risk way for organisations to offer vehicle leasing as a benefit.

Only FCA regulated scheme in the UK

Peace of mind that employees are protected. Employees can feel confident knowing their agreement includes the protections of a regulated consumer finance arrangement. As the UK's only FCA-regulated salary sacrifice vehicle scheme, Novalease provides an added layer of reassurance, helping employees feel secure throughout their lease.

Benefits of Salary Sacrifice Car Schemes for Employers

Attract and retain your employees

A standout benefits package, including a vehicle salary sacrifice scheme, makes your business far more attractive to potential hires. So much so, 69% of employees consider benefits an important factor when choosing an employer - let the facts speak for themselves!

 

Contribute to your sustainability targets

As an experienced salary sacrifice provider, we can tailor our employee car benefit packages to zero or low-emission vehicles, helping you meet your Environmental, Social, and Governance (ESG) goals. It's a tangible way to support sustainability and show your environmental commitment.

Make savings while offering more

Your business can benefit from cost savings, which can be passed on to your employees or retained for further investments, to boost your bottom line. Either way, it's a win-win.

 

 

 

Optional home chargers
Option to include a home charger, helping employees get the most from their electric vehicle.

Taking the next step with SG Fleet

Find out how we can help you implement a successful salary sacrifice scheme that your business and employees are sure to love.
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