All UK employees of the banking group (more than 2,500 people) can take advantage of a leasing offer for a hybrid or electric vehicle as part of a "salary sacrifice scheme". Under this scheme, employees accept a reduction in their income in exchange for a benefit in kind.
Standard Chartered now provides its employees with hybrid or electric vehicles that emit less than 75 grams of CO2 per kilometre travelled, in return for a monthly fee that includes insurance, maintenance, repairs, etc. When contacted by mind RH, the bank declined to say how much the scheme would cost or to give any further details on how it was organised.
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