Wealth & finance International - Finance Awards 2016

Finance Awards 2016 22 Best for Salary Sacrifice Car Services - UK Fleet Evolution are an employee benefits business, providing cost free benefits to companies with 7 - 10,000 employees. Their main expertise is salary sacrifice and eCos cars, where they provide schemes that reduce motoring costs for employees by up to 45%, at no cost and virtually no risk to the employer. Andrew Leech told us more about the mission of Fleet Evolution and their service offering. Company: Fleet Evolution Name: Andrew Leech Email: andrew.leech@fleetevolution.com Web Address: www.fleetevolution.com Address: The Dovecote, Pimlico Farm, Austrey Lane, Tamworth B79 0PF Telephone: 08448483455 Fleet Evolution’s mission is to deliver employee benefits, specifically car schemes, to companies, regardless of size, deployed simply and virtually risk free. Fleet prides themselves on their customer service, and realise that their customers require not just portals and great IT, but the human touch. They manage virtually everything, excepting order signature and invoice payments for their customers, and provide regular questionnaires to measure client satisfaction and regular meetings to aid their improvement. Andrew explains that the employee benefits market is seeing a huge opportunity for growth currently. “The cost of leavers to a company is estimated at £25,000, when the loss of productivity, recruitment of a replacement and the training of this new recruit is considered. Companies of all sizes are now realising that employee benefits are no longer just a nice incentive, but that they have become essential. Car schemes are probably in the top three when it comes to the desired benefits of most of our clients. “We work with partners in taxation, HR law and other benefit providers in order tonder review, and we have been a leading voice in the consultation. At the present time we feel that change in policy is unlikely, but our expertise and adaptability mean that any change will have minimal impact on our clients.” Asked about the staff culture at Fleet Evolution, Andrew is proud to say that they foster a culture of service, innovation and ownership. “Every employee starts with us on Driverline, dealing with our client’s employees. This 3-6-month period at the ‘sharp end’ gives them invaluable experience and develops the key qualities that we expect from them. We hire based on personality traits, not experience; you can train skills, but you can’t train personality. We offer excellent benefits and always promote from within. “Six years ago, we started this business with the aim of making salary sacrifice cars as simple as childcare vouchers, and we have achieved this. Over the last 12 months, we have grown by 100% due to the low risk, low admin nature of our schemes and how accessible they are for all. Now, we are working to achieve the same with eCos or employee car ownership, a great scheme for senior figures who do mileage on company business to get new cars funded via fuel reimbursement.” FI160023