Product

The benefit can also be run on a NET pay basis. Whilst this approach doesn't provide NI savings, it removes the need to complete a P11D process.

If an employee leaves during the agreement, the balance of the payment for their device(s) should be deducted from your final net pay (without NI savings).

There is no administration fee to pay.

Typically, the benefit is offered over a 12 month period.

Yes, they can order multiple devices up to the order value limit set by the employer.

Yes, this is offered as an anytime benefit so employees can access the benefit multiple times per year if required up to any limit set.

Yes, employers choose the spend limit per employee as part of the set up.

Yes, all devices go through a 60-point diagnostic test including battery assessment, have been refurbished to strict government standards and come with a 1 year warranty.

Employers deduct salary sacrifice scheme repayments at the gross level (before tax and NIC), reducing your taxable income and tax and NIC payments. Employers recoup salary deduction schemes at the net level after tax and NIC payments have already been removed, so there are no additional savings for the employer or employee. There's also less admin for HR with salary deduct.

The terms differ per scheme. With Cycle to Work, the employer would take any outstanding repayment from the final salary payment, and Scheme Protect is available to alleviate employer risk. With Green Cars, the agreement is between the employee and the leasing company, who can assess the available options.

In lieu of a calculator (which we can build) we have this chart. Green Car calculators are highly complex. We have calculators we can replicate on our customer sites for C2W and SmartPay.

 

Salary Sacrifice Savings Chart

We fully manage our schemes to ensure they’re HMRC-compliant and inclusive to all employees. However, we cannot offer the scheme to employees if the repayments reduce their salary to below the minimum wage.

If you already use our Employee Discounts Platform, speak to your Account Manager about bolting on our salary sacrifice schemes for free. For new enquiries, complete our contact form and request a call.

We have a varied and inclusive range of employee health benefits, including our Employee Assistance Programme, Online GP, Cycle to Work salary sacrifice scheme, Annual Leave Purchase scheme, and Discounted Gym Memberships.

Some benefits have tiered solutions, giving you the flexibility to purchase the package that meets your business and employee wellbeing needs. While some solutions have a per-employee cost, you can even bolt on our Cycle to Work scheme for free where applicable. Get in touch with one of our employee engagement consultants for more information

Absolutely. With our Cycle to Work and Annual Leave Purchase scheme, you can set the window for open applications or accept applications all year round – whichever suits you best. Ask us about the different packages available for our Employee Assistance Programme.

Unfortunately not. Our employee benefits platform will integrate with other third-party benefits but not with HR operating systems.

Absolutely You can make our employee benefits platform unique to your branding.

Yes, you can. You can create multiple microsites and segment different audiences. Microsites or use groups are ideal for businesses that offer different benefits depending on level or grade. Each microsite or user group will only be able to view or access the specific employee benefits you've made available to them.

Yes, you can. We encourage you to make all your employee benefits as accessible as possible, even those we do not provide. Our platform integrates with third-party benefits for a more seamless user experience.