Salary sacrifice allows employees to agree to forego part of their salary in return for non-cash benefits such as childcare vouchers and pension contributions, which can enable tax and national insurance savings to be made. Salary sacrifice offers employees greater flexibility of choice as to how their remuneration package is shaped.
A new campaign, the National Welness Conversation, aims to get employers to address the issue of money management with their staff.
Business body's annual survey reveals companies' views of recruitment, pay freezes and National Living Wage as coronavirus crisis continues.
With almost a quarter of roles in the UK now accessing the government’s furlough scheme, many employers have raised questions...
Employment appeal tribunal rules against Middlesbrough over pay deductions.
PROMOTED Data is an inevitable result of the digital era. When you can track anything and everything, there’s an inherent opportunity within the resulting information...
The government has abandoned its previously “pedantic” regime.
Plans to scrap employer childcare voucher schemes have been delayed by six months after the Democratic Unionist Party intervened.
Last...
Tax-free Childcare is the latest initiative from Government to support working parents, but it could see some worse off than...
Are you up to date with all this month's employment law changes? We round the nine most important legislative...
Changes to salary-sacrifice schemes announced in November’s Autumn Statement are likely to prove unpopular with employees. James Monks from RAM...
From 6 April, employers will need to make a number of changes to their salary-sacrifice schemes. Lynda Finan and Nick...
Significant employment law changes are anticipated for 2017, amid the ongoing uncertainty resulting from the Brexit referendum.
Large compliance projects...
A new minimum wage of £7.20 per hour will be introduced next April for all working people aged 25 and...
Research by XpertHR found that the most popular way of flexing the benefits package is to offer benefits on a salary-sacrifice basis.
Retail vouchers, experience days, cycle-to-work schemes, iPads, free gym membership. The benefits market has devised numerous new perks in recent...
