AWD Chase de Vere Consulting has launched a service to help employers introduce salary sacrifice schemes with greater ease.
The employee benefits and pensions consultancy will work closely with employers to assess the suitability of salary sacrifice before assisting with the implementation of the scheme. The service has been designed to maximise national insurance savings and streamline administrative procedures. It will also assist employers in effectively communicating the value of the scheme to employees.
The service includes standard reports, communication plans, a salary sacrifice calculator and standard letters for HM Revenue and Customs’ approval.
Sean McSweeney, principal consultant, online and flex at AWD Chase de Vere Consulting, said: “Both employers and employees can benefit from significant national insurance savings so it’s a win/win situation. In the current climate it is more important than ever that employers control costs and salary exchange is a great way to do this.”