SD Worx and Alphabet hand over 19 Peugeot benefit cars

Antwerp, 6 October 2015 – As part of the Flex Income Plan, SD Worx, in association with leasing partner Alphabet, consigned the 19 Peugeot benefit cars in Wilrijk today. Flexible remuneration is a key factor to an increasing number of employees in deciding whether or not to accept a particular job offer. Which is why SD Worx launched the Flex Income Plan as early as 2007, as a system to put together pay packages that are tailored to individual employees' needs and wishes. Of the available budget which the employee can freely spend under the Flex Income Plan, 59% goes to a company car, which makes it the most popular choice by far.

Research conducted by SD Worx (2014) shows that 62.6% of Belgian employees like to pick and mix their own pay package, whereas a mere 8.6% of Belgian employers are currently providing this opportunity. In catering for this demand, SD Worx is offering its customers the Flex Income Plan. This includes guidance and advice in putting together and implementing the plan, along with the relevant software to automate the whole procedure as well as follow-up throughout the project in its whole.

Needless to say SD Worx is also offering the Flex Income Plan to its own employees. The hand-over of the Peugeot benefit cars fits in with these developments.

SD Worx CEO Steven Van Hoorebeke: “An increasing numbers of employees are keen to put together their own pay package to some degree, according to their own needs and requirements. Some people attach importance to a company car. The Flex Income Plan allows them to make that choice. Other people prefer a smaller car, or simply decide to dispense their company car altogether, going for public transport or an electric bike instead, which they fund by using the budget made available. With the Flex Income Plan, we are providing employees and employers with a simple tool that is easy to use. Obviously we also keep a close eye on the legal implications to make sure we are wholly compliant with the law.”

SD Worx's dedicated leasing partner Alphabet offers sustainable and customized mobility solutions. In Peugeot, SD Worx found the right partner to roll out the project, in association with Alphabet. “We are proud to have been picked by SD Worx for this project”, Alphabet Belgium Key Accountmanager Liesbeth van Dyck goes on to add. “From the early days when we first started working together, SD Worx has consistently shown itself to be a valuable partner that never ceases to reflect on flexible mobility for employees. The Flex Income Plan is an excellent example.”

“From the very first talks we were on the same page”, Peugeot Belux Key Account Manager Gerd De Ridder goes on to say. “We share the same vision, i.e. maximum return and efficiency with low carbon dioxide- emission levels and without sacrificing on driving pleasure.” The fact that SD Worx went with the Pure Tech engines on the 208 and 2008 models has made Peugeot particularly happy. In the quest for lower consumption and emission levels, the 3 Cylinder Pure Tech engine is fast gaining ground across the Peugeot range.

“The support of Johan Beirens, contact person Peugeot Professional with the Key dealer in Wilrijk, gives the employees of SD Worx a direct point of contact. The collaboration with Alphabet is running like clockwork too”, Gerd De Ridder adds.

“As such, the delivery of these benefit cars firms up the business relationship of many years between SD Worx, Peugeot Antwerp and Alphabet.”

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About SD Worx

SD Worx delivers a full range of quality services in the areas of Payroll, HR and Tax & Legal in EMEA, the Americas and Canada, with more than 2,000 staff serving more than 54,000 clients, offering salary calculations, training, HR research, social-legal, tax and HR-related consultancy services, specialist software for personnel departments and on-site support.

SD Worx calculates about 1,35 million salaries each month, whilst running its own offices in Amsterdam, Antwerp (HQ), Berlin, Breda, Brussels, Frankfurt, Ghent, Hasselt, Kortrijk, Louvain-La-Neuve, Luxembourg, Liège and Paris. SD Worx is a co-founder of the Payroll Services Alliance whose members jointly handle 30 million salary calculations.

More information: www.sdworx.com

Contact

Pieter Goetgebuer, Press Officer SD Worx, T +32 (0)3 201 76 68 / M +32 (0)497 45 36 73

pieter.goetgebuer@sdworx.com


About Alphabet

As one of the market leaders for business mobility in Europe, Alphabet helps companies to manage their vehicle fleets efficiently and sustainably. Alphabet was formed in 1997 as a division of BMW Group and has built up extensive knowledge in the field of international vehicle fleet management and leasing. The extensive service includes both advice and financing. Alphabet business mobility solutions are all tailor-made in order to meet specific business needs.

With a database of over 550,000 vehicles of all makes in 18 countries, the organisation is one of the top four players on the market. In Belgium Alphabet now operates more than 44,000 vehicles and is among the top three.

With its expertise and technology, Alphabet leads the way in the field of Advanced Mobility Solutions: Alpha Electric offers companies extensive e-Mobility solutions, whilst Alpha City offers a cost-cutting Corporate Car Sharing arrangement. You will find more information on www.alphabet.be.

For further information, please contact: Ann Massart, Press Relations, Alphabet Belgium, 03/459.59.71 or ann.massart@alphabet.be.


About Peugeot

With more than 10,000 contact points in almost 160 countries, PEUGEOT is all about Quality, Style and Emotion. In 2014, PEUGEOT sold 1,635,000 vehicles worldwide, with growth in Europe and China, as it pursued its drive up-market. With its up-to-date “8 range”, PEUGEOT has the youngest product line-up in its history. High-quality products and services, fine-tuning in design, attention to detail and driving experience all contribute to the emotion that each PEUGEOT conveys. Having sold more than 60 million vehicles, these qualities have remained at the heart of the brand's commitment for 125 years.

Contact

www.peugeotpress.be

Wim Doms \ +32(0)2 388 04 16, wim.doms@peugeot.com