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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.
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