Car Insurance
Money Centre car deal rewards staff
Fri, 09 Dec 2005
Financial services company The Money Centre has initiated an unusual employee incentive scheme; £100 a month towards a new car.
The buy-to-let mortgage provider has launched the incentive on the condition that the car is black and staff are prepared to have the vehicle plastered with Money Centre branding.
Lynsey Scrivener, director of marketing at The Money Centre, told The Business: "This initiative has proved really popular with our employees and we have had a really good uptake so far - from junior members of the team up to directors.
"Basically the scheme offers Money Centre employees £100 a month towards the cost of any new car. This means our employees can treat themselves and splash out on a brand new car, while we help save them a substantial chunk of their monthly payments."
If agreeing to the deal, employees need only cover the costs of the car insurance and tax. The £100 a month payment could cover the cost of a small vehicle, leaving employees with an extra £100 bonus in their accounts each month.
Money Centre employee, Neil Patterson, is already participating in the scheme.
"This is a cost-effective way of getting us to work, as well as getting a smart brand new set of wheels," he said.
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