HSBC Offers UK Staff Chance to Lease Teslas With Pretax Pay
- Employee benefit is open to 35,000 workers in the UK
- More than 200 EV models available to lease under the offer
This article is for subscribers only.
HSBC Holdings Plc is offering UK-based employees the chance to lease electric vehicles with their pre-tax paychecks, as the lender introduces a popular way for workers to cut their travel emissions.
All of the London-headquartered bank’s 35,000-strong UK workforce are eligible for the perk, which started this month, according to people familiar with the matter. It gives employees the option to lease a new, all-electric car for between two and four years, with the option to buy it from HSBC at the end of the contract.