News - Salary Sacrifice Benefits
Congestion charges are a regular sight in cities. Once constrained to capitals, they are now in place in hundreds of cities around the world. And for good reason. Ever since the almost incomprehensible effects of global warming have become apparent, it has become more important than ever before to cut down on pollution when and where we can. And for cities, that starts with cars.
Salary sacrifice is not a new concept. A popular model in the business world for the past couple of years, salary sacrifice schemes offer more benefits to employers and employees than many first think. But a common misconception is that salary sacrifice schemes can only fit into certain businesses and only work with a handful of business models – but those who think this way could not be more wrong.
Money worries are affecting millions of workers’ mental and physical health, which, in turn, is having a negative effect on performance. These are the findings of a report published by the CIPD and Close Brothers Asset Management.