The benefits of salary sacrifice

Salary sacrifice is an arrangement where your employees give up part of their future earnings in exchange for a non-cash benefit.

Whilst this can be used for a number of benefits such as childcare vouchers, cycle to work, this guide focuses on salary sacrifice’s use for pension benefits.

In this guide we'll look at:

  • An overview of salary sacrifice
  • Implementing salary sacrifice in to your business
  • The benefits of setting up salary sacrifice for your business
  • The benefits of salary sacrifice for your employees

With employee pension contributions due to increase to 5% over the next few years, why not take advantage of the National Insurance Contribution savings that salary sacrifice offers?