Introducers - Workplace Pensions Direct

Salary Sacrifice - A Win Win Win scenario

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Salary Sacrifice & Pensions

The vast majority of senior employees in finance and human resources are aware of salary sacrifice. They are aware of the financial benefits to their employer and employees. Many of them want to implement it but just haven’t got round to doing it

We’re specialists in Salary Sacrifice!

We take away all of the pain and stress involved when setting up a salary sacrifice scheme.

Salary Sacrifice – Employer Savings

Use our online calculator to get an estimate of how much your business could save each year by using salary sacrifice with your workplace pension scheme.

These savings can be used for a multitude of purposes such as:

  • Director’s Pension Arrangements
  • Enhanced staff benefits, such as Group Life or Private Medical Insurance
  • Funding Keyman or Shareholder Protection

Salary Sacrifice – Employee Savings

In its simplest form salary sacrifice will result in an increase to your employees’ take home. Alternatively it can be used to increase pension contributions whilst maintaining the same take home pay.

Managed Payroll

Our business has evolved from being the go-to people for workplace pensions to now offering a fully outsourced payroll solution, WPD Payroll, which includes:

  • Dedicated Payroll Manager
  • Pension adminstration
  • Employer and employee support
  • HMRC communications
  • Furlough and Job Retention scheme calculations and processing

Our payroll service is suited to businesses with 50-500 employees and in conjunction with salary sacrifice can be completely cost neutral.

Educating your employees

It’s not just the financial benefits though. Salary sacrifice is best communicated using employee presentations, either on site or online. This is a great opportunity to educate employees on pensions in general.

Contact us to find out more

Your quote
Initial
£excl. VAT WPD Fees
£ Available Cost Savings
Ongoing
£excl. VATper month WPD fees
£per annum Available Cost Savings

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We’ve sent you a bespoke auto enrolment Project Plan by email to help you understand your auto enrolment duties and how Workplace Pensions Direct can help you get compliant, and stay compliant.

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*Monthly fee initial 24 month contract: See Fees for details

Assumptions: 2016/2017 tax year – £26,500 average pay – 15% average staff turnover. Available ongoing cost savings are from salary exchange, earnings definition, postponement for new starters, employee charges, employee lost investment return, and employer charges.

Please, contact us

Because of the size of your company, we can generate a bespoke quote based on 50 or more employees. Please get in touch with us by contacting us through the button below, and we’ll return with a bespoke quote and fee breakdown the same day.

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Fill in your details below and we will e-mail you our Project Plan and Quotation.  If you have any questions or special requirements, please phone us on 0113 457 4574.