What is the Significance of Salary Packaging Cards for the Employee?
12 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by josemunoz415
Scoop.it!

Visit salarypackagingcards.com.au

Visit salarypackagingcards.com.au | What is the Significance of Salary Packaging Cards for the Employee? | Scoop.it
A Salary Packaging Card Program for Australian Charities, Public Benevolent Institutions (PBI's), Health Promotion Charities and other Non Profit Organisations.
more...
No comment yet.
Scooped by josemunoz415
Scoop.it!

Salary Packaging Comprehension

Salary Packaging Comprehension | What is the Significance of Salary Packaging Cards for the Employee? | Scoop.it
Salary Packaging deal means of reorganizing your earnings to make your income help you.
more...
No comment yet.
Scooped by josemunoz415
Scoop.it!

What Are the Benefits of Packaging?

What Are the Benefits of Packaging? | What is the Significance of Salary Packaging Cards for the Employee? | Scoop.it
Packaging is the encasement of products in packages, protective wrappings or other external covering that can provide protection, information, security and marketing benefits.
more...
No comment yet.
Scooped by josemunoz415
Scoop.it!

What is a Salary Sacrifice?

What is a Salary Sacrifice? | What is the Significance of Salary Packaging Cards for the Employee? | Scoop.it
Brief and Straightforward Guide: What is a Salary Sacrifice?
more...
No comment yet.
Scooped by josemunoz415
Scoop.it!

Salary packaging - Wikipedia, the free encyclopedia

Salary packaging (also known as salary sacrifice or salary exchange) is a term used to refer to the inclusion of employee benefits (also called fringe benefits) in an employee remuneration package in exchange for giving up part of monetary salary. Such arrangements are entered into most commonly if there are tax or other benefits to be derived by the employer or employee from the arrangement.

In the United Kingdom, employee benefits commonly included in salary sacrifice arrangements are pension contributions, childcare vouchers, annual leave, etc.[1] If correctly structured, the arrangement can benefit both parties as it saves them both NI contributions as well as save the employee income tax.

Salary sacrifice can be extended to any range of benefits and in 2008 is becoming increasingly popular in the public sector as well as for transport related benefits e.g. Cycles, Bus Travel and Low CO2 emission cars. Salary sacrifice is also commonly used to fund the introduction of Flexible Benefit Plans in the UK.

more...
No comment yet.