WHAT IS OPTIMIZER?
OptimizerSalSac
OptimizerSalSac
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<strong>WHAT</strong> <strong>IS</strong> <strong>OPTIMIZER</strong>?<br />
Optimizer is the ultimate salary sacrifice car scheme<br />
that delivers low-cost, hassle-free motoring to your<br />
employees. Designed to increase the value of benefits<br />
and rewards in your workplace, Optimizer offers a<br />
fantastic range of brand-new, fully maintained, fuelefficient<br />
cars at zero cost to the business.<br />
As an aid to staff recruitment and retention Optimizer<br />
enables any employee or their partner to benefit from<br />
the personal use of a new and efficient car, at a cost<br />
that is simply not available to them anywhere else.<br />
By providing a car through salary sacrifice, you can<br />
separate yourself from your competitors and deliver<br />
one of the most valuable benefits available. Optimizer<br />
is the ideal way to spread the feel-good factor right<br />
across your business – nothing beats the feeling of<br />
getting the keys to a new car.<br />
Best of all, Optimizer helps find the optimum balance<br />
between what you need as a business and what your<br />
people want as drivers.<br />
In a climate where pay rises and bonuses may be hard<br />
to deliver, Optimizer is a great way to retain talent and<br />
enhance the package you offer to employees without<br />
increasing your costs of employment.
FEATURES AND BENEFITS<br />
• Employer saves NIC on salary reduction<br />
• Employee saves NIC on salary reduction<br />
• Employee saves Income Tax on salary reduction<br />
• Encourages lower P11D and CO 2<br />
on cars<br />
• Helps employees reduce their environmental footprint<br />
• Enhances duty of care profile of the business<br />
• Supports Government policy on low emission transport<br />
• Fully maintained cars and fully managed service<br />
• Fleet discounts are passed on to employees<br />
• No requirement for finance agreements or deposits from the employee<br />
• Wide choice of vehicles<br />
• Free delivery anywhere on the UK mainland<br />
Where Optimizer cars are used for business journeys<br />
• The environmental footprint of the business can be improved<br />
• Duty of Care risk can be reduced<br />
• Fuel costs can be reduced
<strong>WHAT</strong>’S INCLUDED?<br />
• The hire of a car for 2 or 3 years<br />
• All manufacturer’s servicing<br />
• Mechanical repairs<br />
• Tyres and exhausts<br />
• UK emergency roadside recovery<br />
• Accident management<br />
• European emergency recovery and UK repatriation<br />
• Replacement vehicle during extended mechanical repairs<br />
• Annual vehicle tax<br />
• Annual driver’s licence check<br />
• Motor insurance<br />
• Free UK delivery and collection<br />
• Full implementation service<br />
• Total vehicle administration service
BECOME SAFER AND GREENER<br />
Many businesses top up their vehicle fleet by allowing<br />
staff to use their own cars for business purposes and then<br />
claim back expenses. This ‘pay on use’ approach is often<br />
more cost effective than public transport, daily rental<br />
or pool cars.<br />
The problem is that under health and safety laws, the<br />
business is just as responsible for the condition and use of<br />
the vehicles as it is for the company car fleet. As a result,<br />
the so-called ‘grey fleet’ represents serious risk.<br />
Optimizer is the perfect solution to this problem, as it<br />
allows you to mitigate your risk while continuing with<br />
an expense based system. There is no longer any need<br />
to worry about the condition of staff cars because you<br />
know they will be expertly managed and include road tax,<br />
servicing, tyres and mechanical repairs.<br />
Your environmental footprint will also become a little<br />
lighter because salary sacrifice works best for low emission<br />
cars. Optimizer encourages staff to choose cars that are<br />
more efficient and less harmful to the environment.<br />
By taking advantage of new engine technologies every<br />
couple of years, Optimizer helps accelerate improvements<br />
in both the driver’s personal carbon footprint and that of<br />
the business.<br />
And on top of the incredible savings Optimizer delivers<br />
to drivers and the business, there will be benefit from<br />
superior fuel efficiency – so driving really doesn’t have to<br />
cost the earth!<br />
What’s more, every year we even check the drivers’<br />
licences for Optimizer drivers – a considerable saving<br />
year on year.
HELP YOU CAN TRUST<br />
It can take a little time to set up a new Optimizer scheme as there are<br />
some key policy decisions that will need to be made by the business.<br />
Prior to launching Optimizer, Activa will meet with you to fully identify all<br />
risks involved with implementing the scheme within your business and<br />
ways to limit these. As a company, you can restrict the scheme as much<br />
as you see appropriate.<br />
• You can restrict vehicle choices dependent on your company’s aims,<br />
objectives,and values.<br />
• You can restrict employee eligibility to the scheme based on perceived<br />
risk to the company i.e. minimum years of employment term, years<br />
licence held for, contracted hours of employment.<br />
Our advice throughout this process will be tailored to your corporate<br />
culture and individual circumstance, and will result in a bespoke scheme<br />
policy document being produced. This policy will be distributed to all<br />
employees and be hosted on your online Optimizer portal.<br />
Activa’s Opticare employer insurance package is also available if you wish<br />
to protect yourself further from any associated risks.<br />
Activa will also assist you in ensuring that the scheme meets the approval<br />
of your tax advisors and HMRC, and see that any necessary amendments<br />
to your payroll systems and contracts of employment are made.<br />
Most importantly, we will work with you to promote Optimizer to your<br />
staff. We will arrange production of bespoke marketing material for use<br />
by the company and run workshops at your premises to raise awareness<br />
of the scheme.
HOW DOES <strong>OPTIMIZER</strong> WORK?<br />
The principle of salary sacrifice is well-established among good<br />
employers with a strong track record in recruiting, retaining, and<br />
rewarding their people.<br />
In essence, your employees who opt into the scheme will give up<br />
part of their salary each month in exchange for the hire of an<br />
Optimizer car. This will require a change to the employee’s terms<br />
and conditions of employment.<br />
Optimizer’s online ordering system makes it easy for everyone to take<br />
advantage of the scheme.<br />
1. We will issue your company with a unique access key for the<br />
Optimizer portal, which can be used by all employees.<br />
2. The first time an employee accesses the portal, they will be asked to<br />
register using their company email and a password of their choice.<br />
They will then need to confirm their personal details, including the<br />
percentage of tax paid.<br />
3. Once an employee has registered, they can then start searching and<br />
comparing cars using manufacturer, model and affordability filters.<br />
4. Quotations for cars can be generated over 24- or 36-month<br />
terms, or against any special terms agreed by you at any time.<br />
Expected mileage and any manufacturer extras are also taken into<br />
consideration at the quoting stage.<br />
5. Once an employee has found the car they want, they can order this<br />
online. Acknowledgment of this order is then sent to you by email for<br />
authorisation. Activa will not proceed with any order until employer<br />
approval has been received and a full driving licence check has been<br />
carried out on the intended employee.<br />
6. Activa will keep the employee updated on the status of their order<br />
until the new car is ready, when we will then arrange delivery.<br />
7. We will manage all administration of the employee’s car during<br />
the agreement.<br />
8. Activa will contact both you and the employee in good time<br />
approaching contract termination to arrange collection of the car.
GET MORE INFORMATION<br />
ON <strong>OPTIMIZER</strong><br />
For further information on the Optimizer salary sacrifice car scheme, and how<br />
your company can benefit from it, please contact one of our experts.<br />
Activa Contracts<br />
Winchester Circle, Kingston<br />
Milton Keynes MK10 0BA<br />
Tel 01908 288400<br />
Email info@activacontracts.co.uk<br />
ActivaContracts.co.uk<br />
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Activa Contracts