32 STRATEGIC DISCUSSION PAPER - SALARY SACRIFICE SCHEMES PDF 70 KB
To receive a discussion paper on Salary Sacrifice Schemes.
Decision:
IT WAS AGREED: That the discussion paper on Salary Sacrifice Schemes be noted.
REASON FOR DECISION: To enable the Committee to consider the discussion paper on Salary Sacrifice Schemes.
Minutes:
Audio Recording – 1 Hour 33 Minutes 4 Seconds
The Senior Human Resources Manager presented the Strategic Discussion Paper – Salary Sacrifice Schemes and advised as follows:
· A Salary sacrifice or salary exchange scheme was where an employee has agreed to exchange part of their salary in order to obtain a non-cash benefit from their employer;
· Prior to 2017, the Council offered a number of benefits under the salary sacrifice scheme;
· Childcare vouchers had now ceased but were available to employees still within the scheme;
· Halfords Cycle2work Scheme was a live benefit;
· Buying more Annual Leave was a benefit that was being looked into.
The following Members asked questions and entered into a brief discussion on the subject of buying and selling annual leave;
· Councillor Keith Hoskins;
· Councillor Claire Strong; and
· Councillor Kate Aspinwall.
In response to questions raised, the Corporate Human Resources Manager, the Unison Representatives and the Service Director – Resources advised the following:
· Selling Annual Leave was not something that would be recommended as it was important for Staff to take time out of work;
· Staff were encouraged to use their Annual Leave entitlement;
· It may not be affordable to sell back annual leave.
IT WAS AGREED: That the discussion paper on Salary Sacrifice Schemes be noted.
REASON FOR DECISION: To enable the Committee to consider the discussion paper on Salary Sacrifice Schemes.