Home & Electronics
Our Home and Electronics staff benefit helps your employees afford the things that matter to them. With thousands of products available from the UK’s leading home and electrical retailers for your staff to choose from, including the latest in computing, mobiles, home cinema, garden, DIY, furnishings, toys, domestic appliances and much more. Employees can spread the cost of items over a set period of time direct from salary through this staff benefit and simply browse and order products online through the Reward Hub.
Valuing your staff in this way helps to improve morale and helps by attracting and retaining talent through a positive workplace culture.
Reductions are made from an employee’s gross salary, so they can make savings on National Insurance (and NHS pension/LGPS contributions where applicable), whilst making items more affordable through monthly salary reductions over 12, 24 or 36 months.
What’s more, they own the products from the beginning so there’s no end of hire fee. The Home and Electronics scheme is also available as a net salary deduction solution, whereby employers can make payments from employee’s net pay.
Best of all – products are shipped within 48 hours of employer approval and the after sales process includes convenient in store returns or free collection.
The Home & Electronics staff benefit has broad appeal and offers you these advantages...
Fully HMRC compliant - To ensure ongoing compliance, we work with external public sector tax specialists PSTAX (https://pstax.co.uk/), who have direct involvement in each salary sacrifice scheme we operate from implementation onwards
Risk-mitigation – protecting you should staff leave employment.
Savings in reduced employers NHS Pension Scheme/LGPS contributions where applicable and an additional 0.5% for the Apprentice Levy.
Award-winning, high impact marketing to support your launch and ongoing promotion.
Cost-neutral benefit option, no payment upfront and monthly invoice payments reflect payroll reductions.