Stephenson Harwood to offer lawyers electric car perk

New initiative obtainable by wage sacrifice with cash agency saves put in direction of different inexperienced initiatives

Eco-conscious aspiring lawyers might be happy to hear Stephenson Harwood will quickly offer workers a brand new perk that enables them to lease an electric car at an “affordable” fee.

Staff within the industrial regulation agency’s Metropolis of London workplace might be in a position to configure a brand new electric car — full with insurance coverage, highway tax, substitute tyres, routine servicing and upkeep, in addition to breakdown cowl — for a hard and fast month-to-month quantity from subsequent 12 months.

The initiative is offered by wage sacrifice; an association the place an worker can select to cut back their wage in return for a non-cash profit.

The agency stated that because of the revenue tax and nationwide insurance coverage financial savings which apply below such an association that leasing a automobile on this method “make it better value than a normal private lease agreement for our people”. It would additionally put any cash saved by itself NI contributions in direction of different inexperienced initiatives.

Axel Koelsch, chief working officer at Stephenson Harwood, who had the thought for the e-car profit, stated: “We were looking for a way for everyone to be able to participate and do something tangible. Historically, many of the steps law firms have taken on the environment have been either invisible to staff — like heating system optimisation — or tokenistic. We know that the key drivers for carbon dioxide usage are buildings and transport. We’re doing a lot of work with our aviation, shipping and rail clients to help them keep goods moving in a sustainable way that aligns with the COP26 goals. Offering our people an accessible and affordable option for leasing an electric car felt like a great benefit to provide.”

Stephenson Harwood achieved carbon impartial standing within the London workplace in 2019 and is working in direction of web zero and lowering its carbon emissions by 50%.



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