Will salary sacrifice changes hail the end of work perks?

clock • 3 min read

When the government announced the proposed changes for salary sacrifice in the Autumn Statement last year, it felt like the end of workplace benefits, writes Jeff Fox.

Indeed, Aon's post-Autumn Statement seminar, set up to answer questions about the long-anticipated salary sacrifice changes, polled nearly 90 HR and Reward professionals and found 71% were concerned about the impact of salary sacrifice erosion.  Some 50% expressed concern that the changes would not be understood by employees.   Much of the media reacted by declaring the end of salary sacrifice, and the demise of all work perks. Under government's proposals, employers will no longer save National Insurance when an employee elects to sacrifice parts of their salary for benefits such ...

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