Salary Exchange

As the workforce landscape continues to evolve, HR professionals face growing challenges to deliver benefits that are cost-effective, competitive, and engaging. Salary sacrifice—a tax-efficient method to enhance workplace pensions and other benefits—is proving to be a game-changer for HR teams in 2025.

With the Employer NI Rate set to rise from 13.8% to 15% in April 2025, alongside a lowered NI threshold, businesses face sharply increased payroll costs. Salary Exchange offers a clear, cost-saving solution to help employers navigate these changes while maintaining employee benefits. 

You can make your money work harder by using Salary Exchange to increase your take-home pay and grow your pension savings.

Are you working hard every day but missing out on a simple way to save more? Many UK workers are—because their employers haven’t set up Salary Exchange. But you can change that! 

Implementing salary exchange schemes allows employers to manage these additional costs while supporting their employees’ financial well-being, which is crucial as living costs rise.

Salary Exchange (also known as Salary Sacrifice) is a different way of contributing to a workplace pension that allows both employers and employees to save on National Insurance contributions. This method increases take-home pay for employees and enhances cash savings for businesses, creating a win-win situation for everyone involved.