Salary Sacrifice

What is salary sacrifice?

A salary sacrifice benefit is where a non-cash employee benefit is offered by the employer in place of an equal amount of future salary. The employer and the employee will no longer pay tax or National Insurance on the salary sacrificed, and in most cases the benefit will also be free of tax and National Insurance.

What are the advantages of salary sacrifices?

Some of the most popular salary sacrifice benefits include:

• Pension schemes
• Childcare vouchers
• Tax-free bicycles to work
• Mobile phones

How can Ceridian help?

Ceridian will help you design and communicate your flexible benefits scheme. Our experts will make sure that it suits the culture of your organisation while giving you the variety and cost savings presented by salary sacrifice.