Team Rewards: Childcare Salary Sacrifice Schemes for Working Parents

Cheshire, United Kingdom, February 10, 2016 (Newswire.com) - Team Rewards (http://teamrewards.co.uk/), UK’s premier employee benefits provider, is delighted to present one of their Salary Sacrifice Programs: the Childcare Scheme.

Team Rewards understands that due to the expensive cost of childcare, a lot of companies lose their best employees when they leave their jobs to take care of their children. With Team Rewards’ Childcare Scheme, these problematic employees may be provided with Childcare Vouchers they could use to pay for nurseries, after school clubs, school boarding fees, nannies, childminders, and holiday play facilities. These vouchers reduce the cost of childcare through National insurance and tax savings. Employees can expect to save up to £933 per parent per year. What’s more, both parents can join the scheme to maximise savings.

This Childcare Scheme is very easy to set up and will provide employers with full management including enrolment, advertising, and compliance. It is an HRMC compliant salary sacrifice benefit and comes with documentation. Employees aren’t the only ones who would benefit with this scheme as the company can save up to 13.8% in NICs salary sacrifice value.

All of Team Rewards’ services could be tailor-made to the needs and preferences of the company as a whole. According to them, “Our flexible benefits allows you to customise your benefits platform to exactly how you want it to look and configure it to how you want it to work. We will reduce your administration, handle your marketing and reduce your costs as well!”

This company has many other salary sacrifice programs on offer. Know more about them at http://teamrewards.co.uk/.

About Team Rewards

Providing bespoke employee benefits programs is Team Rewards’ specialty. They pride themselves with their wide range of benefits schemes which include holiday trading, parking, car leasing, travel loans, and many more. To get in touch with them, send your enquiries by sending an email at [email protected] or by completing the online contact form aptly placed on their website. Their representative is also ready to answer your call at telephone number 0845 0777 075. Learn more about Team Rewards by logging in to their official website http://teamrewards.co.uk/.