1,500+ Business Documents

< Go back

Topic: Employee remuneration

salary sacrifice policy
File size:
28.00kB

# Pages:
2

Salary sacrifice policy

Salary sacrifice policy

If you want to implement a salary sacrifice scheme in your company, make sure you insert the relevant policy in your staff handbook.

Scheme particulars

Including a Salary Sacrifice Policy in your staff handbook is important both to convey the details of the scheme and to point out any drawbacks. For example, a sacrifice requires a permanent alteration to the employment contract and could have an effect on borrowing capacity for mortgages and credit cards as well as possibly interfering with benefits and work-related payments such as statutory maternity, adoption, paternity or sick pay.

 

© Indicator - FL Memo Ltd • Telephone: (01233) 653500 • Fax: (01233) 647100 • customer.services@indicator-flm.co.uk • www.indicator-flm.co.uk
Calgarth House, 39-41 Bank Street, Ashford, Kent TN23 1DQ • VAT GB 726 598 394 • Registered in England • Company Registration No. 3599719