Norton offers staff DriveElectric EV salary sacrifice scheme Archives - theenergyst.com https://theenergyst.com/tag/norton-offers-staff-driveelectric-ev-salary-sacrifice-scheme/ Tue, 18 Jun 2024 14:25:49 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.3 https://theenergyst.com/wp-content/uploads/2020/10/cropped-TE-gravatar-2-32x32.png Norton offers staff DriveElectric EV salary sacrifice scheme Archives - theenergyst.com https://theenergyst.com/tag/norton-offers-staff-driveelectric-ev-salary-sacrifice-scheme/ 32 32 Norton offers staff DriveElectric EV salary sacrifice scheme https://theenergyst.com/norton-offers-staff-driveelectric-ev-salary-sacrifice-scheme/ https://theenergyst.com/norton-offers-staff-driveelectric-ev-salary-sacrifice-scheme/#respond Tue, 18 Jun 2024 14:25:04 +0000 https://theenergyst.com/?p=21805 Norton Motorcycles is offering its employees the chance to switch to EVs after adopting a salary sacrifice scheme in partnership with DriveElectric. The company is providing DriveElectric’s ‘Complete’ salary sacrifice solution to its employees, which includes insurance and early termination protection. Also, a Pod Point 7kW Solo 3 home charger with an exclusive EV tariff […]

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Norton Motorcycles is offering its employees the chance to switch to EVs after adopting a salary sacrifice scheme in partnership with DriveElectric.

The company is providing DriveElectric’s ‘Complete’ salary sacrifice solution to its employees, which includes insurance and early termination protection.

Also, a Pod Point 7kW Solo 3 home charger with an exclusive EV tariff can be included in the package if required.

Salary sacrifice enables employees to save up to 40% on an EV by exchanging part of their salary; the gross amount sacrificed reduces the employee’s income tax and national insurance (NIC) liability, as well as the employer’s NIC liability.

The scheme also helps employers to attract, reward and retain the best employees, and accelerate an organisation’s progress towards its net zero goals.

Customers can search, select and order an EV entirely online and businesses can control and oversee salary sacrifice leases using DriveElectric’s EV Hub.

Founded in 1898, Norton has won eight World Championships and 94 TTs, and the company is currently developing an electric motorbike as part of an expansion programme.

Mike Potter, Managing Director of DriveElectric, said, “Employees can save thousands of pounds per year on new or used EVs, with zero tailpipe emissions minimising impacts on climate change and local air quality.

“Norton’s employees receive support throughout the journey from our EV experts, ensuring that knowledgeable answers are provided to any questions about electric cars and charging.”

Rob Ridgway, Head of Human Resources, Norton Motorcycles said, “Motorcycles already represent a sustainable way of getting around but giving our ‘Nortoneers’ the option to take an electric car via salary sacrifice amplifies our collective contribution to a decreased carbon footprint and is a lovely additional perk we’re offering to our enthusiastic team.”

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