Cycling to work isn’t just good for your employees’ health – it’s one of the most straightforward, cost-effective salary sacrifice schemes available to UK employers. Cycle to Work salary sacrifice enables employees to lease a bicycle and cycling equipment through their gross pay, spreading the cost while saving on Income Tax and National Insurance. For […]
For many employees, time is the ultimate currency. Whether it’s managing childcare, pursuing a hobby, or simply preventing burnout, the ability to “buy” extra rest is a high-value benefit. For employers, holiday exchange is one of the few benefits that can actually reduce overheads while simultaneously increasing employee satisfaction. By allowing staff to trade salary […]
For many employees, a performance bonus can feel underwhelming once 42% or 47% Income Tax and National Insurance (NI) are deducted. For employers, bonuses are also one of the most heavily taxed forms of reward – increasing both payroll costs and Employer NI liability. So, is there a smarter middle ground that benefits both the […]
HMRC salary sacrifice schemes are becoming increasingly invaluable for companies wanting to optimise their employee benefit packages while also managing costs. At their core, salary sacrifice schemes – also known as a salary exchange – offer a way for employers and employees to save money. They’re designed to help everyone make tax-efficient benefit choices that […]
After weeks of speculation, the UK’s November 2025 Budget has introduced proposed changes to pension salary sacrifice schemes – also referred to as pension salary exchange – which allow employees to exchange part of their salary for increased pension contributions. In this article, we’ll summarise what’s been announced, what it could mean for employees and […]
Regulated financial advice is often the missing piece in financial wellbeing strategies. When 41% of employees say financial stress affects their performance at work, employers need to ensure staff can access the right support. One of the key types of support employers can offer is financial advice. Financial education, money management tools and coaching all […]
As companies attract and grow young talent, many new starters are navigating big financial milestones…from their first paycheque and mounting student debt to balancing rent, social life, and long‑term goals like home ownership or retirement savings. Without the right support, money stress can lead to distracted employees, reduced engagement and even burnout. In this article, […]
Opting out of a pension can seem like a logical choice when immediate financial pressures take priority. We see it happen often: it’s sometimes hard to prioritise your retirement fund when you need the funds today. Many people make this decision because they’re struggling to cover everyday expenses, find pensions too complex or inaccessible, or […]
When you’re building your company’s benefits package, it can be hard to know where to focus your efforts. Invest in a couple of big-ticket items, or create a suite of smaller benefits? Benefit stacking, or putting together a range of lower-cost options, can actually help you make a bigger impact on your employees without needing […]
An employee discounts platform offers your team access to deals, vouchers, cashback or other money-saving opportunities via a website or app. Savings are usually made on everyday purchases like groceries, gym membership, or clothing or on bigger items like entertainment tickets, meals out or holidays. An increasingly popular part of many employee benefits packages, a […]
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Maji is the trading style of Maji Financial Wellbeing Ltd, a company registered in England and Wales (Registration no. 11937232). Maji Financial Wellbeing Ltd is registered with the Financial Conduct Authority (Registration no 969225) as the PSD agent of Bud Financial Ltd (Registration no 793327).
