Number of employers using salary sacrifice schemes rose following 2024 Budget

Number of companies using salary sacrifice rose from 77% in 2023 to 83% in 2025

Martin Richmond
clock • 3 min read
Number of employers using salary sacrifice schemes rose following 2024 Budget

Over two fifths (43%) of employers who made changes to their benefits packages in response to the 2024 Autumn Budget introduced salary sacrifice schemes, a report from Broadstone has found.

The consultancy's second UK employee benefits landscape report – in partnership with Investor in Customers – looked at decisions and priorities of employers in relation to their employee benefits a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PensionPay announces collab with Visa in bid to bring innovation to pension access

PensionPay announces collab with Visa in bid to bring innovation to pension access

Move could give members access to instant tax-aware pension withdrawals

Jonathan Stapleton
clock 02 December 2025 • 1 min read
Gallagher acquires First Actuarial for undisclosed amount

Gallagher acquires First Actuarial for undisclosed amount

Pair will have combined ability to serve clients across a range of scheme sizes

Holly Roach
clock 02 December 2025 • 1 min read
News Digest: UK pension funds dump US equities on fears of AI bubble

News Digest: UK pension funds dump US equities on fears of AI bubble

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 02 December 2025 • 1 min read
Trustpilot