Tusker/Aston University - salary sacrifice cars

Tags: employment | cars | schemes | salary | sacrifice | benefits

At the end of 2010, Aston University signed a ‘salary conversion’ arrangement with Tusker to allow their university employees to surrender up to 20% of their salary in return for a new car for up to three years.

The new scheme was believed to be the first salary sacrifice initiative of its kind with a university in the UK, and forms part of Aston’s Flexible Benefits Scheme which also covers pension contributions and bicycles amongst a number of other benefits.