Wealth & Finance Finance Awards 2015

www.wealthandfinance-intl.com 35 Fleet Evolution Ltd Best for Salary Sacrifice Car Services - UK Fleet Evolution are a specialist employee benefits company providing salary sacrifice cars and related travel benefits to employers from 12 employees to 12,000. Andrew Leech talks us through the business and provides us with a fascinating insight into their work. Company: Fleet Evolution Name: Andrew Leech Email: [email protected] Web Address: www.fleetevolution.com Address: The dovecote, Pimlico farm, Austrey lane, Tamworth Telephone: 08448483455 As a provider, finance directors choose us as we offer an exceptionally low risk solution in a benefit area which has been considered a high risk and high admin benefit. We overcome finance professionals concerns on the scheme and actually deliver benefit back to the bottom line in addition to savings of up to 45% for employees on car leasing. In order to become truly successful in the finance industry, a company must see itself working in partnership with the customer. Delivering direct and indirect savings is equally important in relation to improve- ments in productivity. We also need to stay ahead of the funding market to source the best deals possible. In terms of the company approach we are unique in our market, we started with a blank page when we started Fleet Evolution and this has allowed us to revolutionise salary sacrifice cars so that all employers no matter how small can introduce schemes with no cost and virtually no risk. When looking for prospective employees we have a well-established apprentice programme which allows us to recruit new talent based on personality traits rather than skills. We see skills as something which can be trained. For customers we love to engage with businesses passionate about rewarding their employees, rather than employers just looking to tick a box. In order to remain on the cutting edge of new developments we fully embrace IT to ensure we can anticipate and meet future challenges. We ensure we are best placed to meet our customer’s challenges by listening to them. To benchmark the business we measure our success ultimately by Fleet Size but the next key metrics are adoption rate (what percentage of eligible employees take cars) and customer satisfaction. As we look ahead to the future, although fantastic growth potential exists in salary sacrifice cars we see a future where we embrace the scheme as part of a strategy for sustainable transport. We already offer electric cars and train season tickets and see future growth in areas such as car clubs and car share making us a true 1 stop shop for sustainable travel. For our industry the long term future will need to see the government ei- ther educate car users to use greener cars or punish them for polluting the environment. As a supplier we have to promote clean car choices whilst ensuring that schemes retain their tax advantage. We are on con- stant consultation with stakeholders in this process and are well placed to maximise any changes.