Home & Electronics Salary Sacrifice Benefit

A salary sacrifice scheme helps add value to an organisation's wider benefits package by enabling their employees to access a broad range of items for a fixed monthly amount. For an employee, the flexibility to purchase such a wide variety of products through salary reductions can be invaluable, especially during the cost of living crunch

A salary sacrifice scheme takes the full price of an item and divides the cost into monthly instalments, paid for through the employee’s gross salary. The item will be dispatched from the supplier once the employer has authorised the purchase, and orders usually arrive within seven working days

Yes. If an employee chooses to take up a salary sacrifice option, they agree to temporary salary reductions. Technically, there is no limit to how much of their salary can be sacrificed as long as the end salary does not fall below the National Living Wage 

Employers can also elect to add their own limits. For example, some limit spending to 10% of an employee’s salary, while others impose an overall spending limit. As long as employees remain at or above the Living Wage, the employer can decide on their own maximum salary reduction

Cars are also included in the wide range of items that can be purchased using salary sacrifice. Through Vivup's Car Benefit, employees can choose from a range of eco-friendly cars that can be paid for in monthly instalments across a fixed term via Payroll Pay®