Good afternoon,
Thanks for your question.
In terms of the business, the eligibility criteria are as followed:
Trading for at least 2 years
Have a track record of profitability or a strong balance sheet
Have 20+ employees
Not be in the hospitality or “bricks & mortar” retail industries
(Please note: if you have less than 20+ employees we would still encourage you to apply as long as you have been trading 2+ years and you have a consistent track record of profitability)
In terms of the employee, the eligibility criteria are as followed:
https://intercom.help/loveelectric/en/articles/6398743-are-you-eligible
A permanent employee of the company (passed probation)
Aged 18-65 and not planning to retire during the scheme
Earning more than minimum wage after the gross salary deduction
Passed suitability checks- i.e. no more than two category A convictions AND more than one fault per claim disclosed in the last three years or been banned from driving in the last five years etc
Hope this helps.
Kind regards,
Issy Russell
Operations Associate
