Category Vantage Payroll

What is salary sacrifice?

Salary sacrifice

Salary sacrifice is an agreement between an employer and employee where part of an employee’s salary is exchanged for a benefit. Instead of receiving that amount in their monthly pay, the employee gets something of equal value. You might be…

Parental Leave Update – April 2026

Family

From 6 April 2026, employees will be eligible for unpaid parental leave from their first day of employment, removing the previous one-year service requirement. Employees will still need to provide the correct notice before the intended start date of their…

Statutory Sick Pay in 2026

Statutory sick pay 2026 united kingdom

From April 2026, employers will face increased Statutory Sick Pay (SSP) costs as changes introduced by the Employment Rights Act 2025 expand employee eligibility. The ERA 2025 removes the current three-day waiting period, meaning employees will be entitled to SSP…