What happened to Salary Sacrifice? Am I to assume cost cutting?
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What happened to Salary Sacrifice?
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xPandabear1992x
- Posts: 286
- Joined: 29 Jul 2019, 00:49
- Gender: Male
What happened to Salary Sacrifice?
Just rejoined Royal Mail after being made redundant at new job (only took 3 months
)
What happened to Salary Sacrifice? Am I to assume cost cutting?
What happened to Salary Sacrifice? Am I to assume cost cutting?
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Jefferson Starfish
- Posts: 903
- Joined: 12 Aug 2011, 15:32
- Gender: Female
- Location: Greendale DO
Re: What happened to Salary Sacrifice?
RM brought in salary sacrifice to save on employer National Insurance contributions.
It's still alive and well with regards to your pension payments, as for my bundle I can't comment, as I've never even been on it.
It's still alive and well with regards to your pension payments, as for my bundle I can't comment, as I've never even been on it.
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teesdale
- MAIL CENTRES/PROCESSING
- Posts: 430
- Joined: 24 Nov 2007, 16:31
Re: What happened to Salary Sacrifice?
Salary sacrifice is one of the ways that losing 2 days pay on your second sick absence is payed for. Lets face it 75% of people only go sick once a year is bullshit. The other way that the 2 days pay loss is covered is through the washing your uniform allowance tax deduction.
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Jefferson Starfish
- Posts: 903
- Joined: 12 Aug 2011, 15:32
- Gender: Female
- Location: Greendale DO
Re: What happened to Salary Sacrifice?
The uniform washing allowance saves us £24 a year.