Tax-efficient step for Foot Anstey

Plymouth-based law firm Foot Anstey launched a new benefits package in November 2010 with the aim of offering staff a wide range of benefits as efficiently as possible.

Jo Redgrave, head of HR, says: “It was important to be able to do it in a tax-efficient manner, both in saving costs for us and in demonstrating to our employees that we are trying to do the most effective thing for them.”

The firm now offers salary sacrifice pensions, the ability to buy and sell holiday and childcare vouchers, plus other perks that have a cost attached, and is now looking at healthcare packages.

Effective communication has been vital, says Redgrave. “We needed to invest a lot of time in explaining how salary sacrifice works and showing how reducing employees’ salary means they get more net pay,” she says. “We produced written materials and group presentations and staff also had the opportunity to talk one to one.”

Results so far have been encouraging. “We have had some really positive feedback,” says Redgrave. “People have said it’s a bit different and it feels like we are taking care of them.”

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