salary sacrifice scheme

salary sacrifice scheme

Any “buy-in” that local or national governmental organisations officially endorse for employees wishing to buy a big ticket item—e.g., computer or low-emissions car—which are meant to make them more productive or further some aspect of public policy. 

Employer benefits, salary sacrifice scheme
• Reduced employer National Insurance Contributions;
• Increased employee IT skills and literacy;
• Enhanced employee motivation;
• An employee retention and loyalty tool;
• Fully-managed service at no additional charge;
• Validated by tax and legal experts.

Employee benefits, salary sacrifice scheme
• Access to the latest high-specification computers;
• Significant savings of 40% compared to market value;
• Affordable and convenient payments from salary;
• No credit checks;
• No deposit payable;
• Benefit from employer purchasing power;
• 3-Year Warranty included.
References in periodicals archive ?
The services Voice Mobile provide range from tariff and bill analysis to a salary sacrifice scheme that saves employees and employers money.
Said Ms Sykes: "The benefit of childcare vouchers to employees is that they can be purchased through a salary sacrifice scheme.
This is a cost efficient salary sacrifice scheme for businesses and staff - a real win-win situation which is ideal for those who do not currently get a company car or cash allowance.
Hywel Dda Health Board in west Wales is one of several NHS bodies in the country offering a wide range of "home technology" goods to employees under a salary sacrifice scheme.
HMRC is committed to support all staff through the childcare voucher scheme, which is a salary sacrifice scheme and is the fairest and most sustainable way for HMRC to provide childcare support to all staff, regardless of their location.
The university has introduced an innovative salary sacrifice scheme that allows all employees with more than six months service to surrender up to a fifth of their wages in return for a new car.
Employers were asked to sign up to the salary sacrifice scheme, which involved travel payments being taken directly from pay, before tax and insurance deductions.
We're expecting Baby Credit Crunch Crusader in February, so I've been looking into my work's salary sacrifice scheme for childcare vouchers to pay for nursery care.
The council also runs a salary sacrifice scheme where employees can buy a bike through work at a reduced rate.
Under the DTI's scheme, employees can purchase a computer for home use through what they term a salary sacrifice scheme.
There appeared to be a reluctance to seek external advice on how best to deal with the changes and also a low proportion looking to use a salary sacrifice scheme to help offset the costs.