Husky Finance

Salary Exchange

Why Most SMEs in the UK Haven't Implemented Salary Exchange Yet

Why Most SMEs in the UK Haven’t Implemented Salary Exchange Yet

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. 

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Understanding the 2024 National Minimum Wage

Understanding the 2024 National Minimum Wage: Changes, Impacts, and What You Need to Know 

The minimum wage for workers aged 21 and over is increasing from £10.42 to £11.44 per hour, a significant 9.8% rise aimed at helping workers cope with the rising cost of living. Younger workers under 21 will also see their minimum pay increase.  Husky Payroll’s system helps businesses by flagging instances where workers’ salaries fall

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