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National Payroll Week 2021 - Salary Sacrifice

Employee financial wellbeing is crucial, particularly due to the rising costs associated with returning to the office. Salary Sacrifice is a simple and effective way for organisations to support their employees.

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There is a really simple way for employees to save on big purchases, spread the cost of payments, avoid credit checks and save money through tax breaks. It is also a great way for employers to support the financial wellbeing of their workforce without buying into expensive wellness programmes that require lengthy contracts and significant capital outlay.

This tax-efficient scheme is a great opportunity to thank employees for all their hard work, while providing them with options to purchase items that enhance and add value to their lives.

This free download is a great way for employees to become familiar with the scheme, so share it with your employees or payroll clients to help them understand the scheme in more detail.

Did you like this resource? If so, you can download our other National Payroll Week guides using this link.

About PayDashboard

PayDashboard are the technology company linking employee financial wellbeing to payday. We believe that employees should be given the tools that they need to understand their pay (and in turn, their payslip) as well as their taxes and allowances by their employer at a time when it really matters. Which is why we provide a suite of financial education to our users alongside their digital payslip, helping them to understand their pay at the time when money is most on their minds, and reducing the number of employee queries to HR and Payroll teams in the process.

Want to improve the financial wellbeing of your employees? Book a demo of PayDashboard to see how we enable over 16,000 UK businesses to deliver a better payday experience, without having to change their HR/payroll software, with our cloud payslip solution.