Starting October 1, pension contributions can be made through salary sacrifice. That's a good thing right??

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Do we not have it already? Are we on net deduction?

A2 it is indeed. I have friends in director level positions who advise on rewards and recognition and their jaws were on the floor when I mentioned ACN do a net pay arrangement. I guess most of our top payroll is via RSUs anyway so perhaps the cost of implementation didn't make sense vs. the benefit? Now employer NI has increased it may have switched.

Possibly our leadership used it as a bargaining chip in H&PS deals too? We pay more than our fair share here is an example of where we top up coffers more than we could have to....

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How is this more tax efficient? Employee pension contributions are backed out of the NI and Income taxable amount in the PAYE process

It will also save money on any student loans people are paying since gross pay would be reduced

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