What’s available to you?
- Salary Sacrifice Schemes
- Rental Deposit Loan Scheme
- Annual Leave Purchase and Sale Schemes
- National discount schemes such as Blue Light Card and Health Service Discounts
- Advice, information and counselling
- Flexible working scheme
- Frank Lee Leisure & Fitness Centre
- Learning & development opportunities
- NHS Retirement/Fellowship
- NHS Pension Scheme
- Onsite Staff accommodation
- On-site Childcare facilities
- Staff referral service for Physiotherapy
- Volunteer Release Scheme
- ‘You made a difference‘
- Campus Sound (choir)
A welcome subsidy of £1,000 is available to all band 5 and band 6 nurses, midwives, ODPs and radiographers taking up substantive employment with the Trust. £1000 (less tax and national insurance) will be paid on commencement of employment (terms and conditions apply).
What is the salary sacrifice scheme?
Under HM Revenue and Customs (HMRC) regulations, an employer is able to provide non-cash benefits and in return employees sacrifice part of their salary to help save you money:
The agreed amount (the sacrifice) for the benefit/s is reduced from your gross salary before tax and national insurance contributions (NIC) are calculated.
You then pay lower levels of tax and NIC on your remaining salary and make savings in this way.
In joining the scheme, you agree to amend the pay element of your terms and conditions to reflect the reduction for receipt benefit/s. This amendment is only the period of time you wish to receive the benefit/s.
How salary sacrifice works:
Tax and NIC deductions are calculated on your reduced salary. This means the amount of tax and NIC due is lower than the amount you would have been paying before signing up for Advantage and you will therefore make savings. This does also affect your pension contributions in the same way.
The requirement is that you sign up to the Advantage scheme for a minimum of 1 year, thereby having 12 equal monthly reductions (3 years for car lease scheme) from your salary to the value of the benefit received. You will notice that the benefits you have chosen will be set out on the left hand side of your payslip (the full amount of the benefit will be shown).
Contact the Staff Benefits Team
For more information about salary sacrifice and other benefits to staff, please email the Staff Benefits Team