Money Talk

AUGUST 18, 2022

During this “Great Resignation” era when many workers are changing jobs or considering a job change, it is more important than ever to consider various types of employee benefits and their economic value. Also known as “fringe” (short for fringe benefits) or “perks.” health insurance) ¨ improve employee morale (e.g.,

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Sodexo Engage

NOVEMBER 19, 2024

With a salary sacrifice scheme, employers take the monthly repayment amount from an employee’s salary at the Gross level. Reducing the Gross pay amount lowers the tax and NIC contributions the employee and employer must make. That’s before Payroll processes the tax and NIC calculations.

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Employee Benefits

FEBRUARY 28, 2022

At CAF, for example, we support major retailers in establishing community investment and engagement programmes, including distributing the funds generated by the plastic bag levy. Through their reward offerings, businesses can involve employees in their CSR agenda, and in turn contribute to levelling up.

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Employee Benefits

FEBRUARY 28, 2024

Retailer Central Co-op has launched an electric vehicle salary sacrifice scheme as part of its ongoing commitment to sustainability. Eligible employees can participate by sacrificing a portion of their gross pay and will be able to save up to 40% on monthly costs.

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Employee Benefits

MARCH 15, 2024

Credit: Ritu Manoj Jethani/Shutterstock Footwear brand FitFlop has introduced a salary sacrifice nursery scheme for its 165 UK employees in order to help them save money on childcare fees. The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

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Employee Benefits

OCTOBER 12, 2023

Provided by Gogeta, the new cycling platform will allow Pitchup’s more than 50 employees to apply for and buy bicycles such as road bikes, cargo and e-bikes, as well as cycling equipment, from UK independent bike shops through an online marketplace at a discount.

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Employee Benefits

NOVEMBER 30, 2023

Employees are able to purchase products from popular brands, such as Apple, Nintendo and Samsung. The payments can be made either through a salary sacrifice arrangement from gross pay or from a net pay arrangement. They then pay back the voucher through net salary deductions over the agreed period of time.

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