Salary Sacrifice Letter Template
Salary Sacrifice Letter
The Salary Sacrifice Letter should be used for an employee to agree to a reduction in his/her contractual salary in exchange for a non-cash benefit, like childcare vouchers or health insurance.
The letter must be sent to the employee before the salary sacrifice takes effect.
Please note that the salary sacrifice must not reduce pay below the national minimum wage rate.
The letter requires the employee to sign and return the letter to indicate their understanding and acceptance of the letter setting down the terms of the salary sacrifice.
This Salary Sacrifice letter template is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
Once you have purchased access to the appropriate document folder, click on the "Download Document" button below." You will be asked what you want to do with the file. It is recommended you save the document to a location of your choice prior to viewing.