Saddleback
Business
Sporting Good Manufacturing
Team
2,000 employees
Location
Bristol, England
Saddleback employees had the choice of hundreds of cars suited to their needs and their earnings.
— John Wager - Head of Technology and People
Saddleback is the UK home of elite performance products for road cycling and mounting biking brands. The company was founded in 2004 and is run by a passionate team of riders, aiming to bring customers the finest cycling products along with amazing customer service.
John Wager, Head of Technology and People at Saddleback was looking for employee benefits that combine minimal risk for the company and great flexibility for employees - which is where The Electric Car Scheme came in!
He found The Electric Car Scheme’s Complete Risk Protection particularly impressive. This offering was designed to let employers help their employees get an electric car without the worry of facing major financial risks if those employees leave while they’re still leasing the vehicle. This initiative provided peace of mind for Saddleback, which was crucial when considering the substantial investment required for electric vehicles. For instance, should an employee decide to move on, Saddleback could potentially face a fee equivalent to 50% of the remaining lease costs, amounting to thousands of pounds. Complete Risk Protection meant they would be protected from day one if an employee resigned, long-term sickness, family-friendly leave and more. This is what gave The Electric Car Scheme its competitive edge!
John was also looking for an employee benefit that his colleagues would want to use and that would benefit them on a day-to-day basis, whilst also making a positive change to reducing their carbon footprint. Electric car salary sacrifice makes sense because it is well-known to be the most affordable way to get into an electric car. Saddleback employees had the choice of hundreds of cars suited to their needs and their earnings.
The Electric Car Scheme ticked the boxes John needed and has been happy with the scheme overall, even leasing a car himself through the scheme!
