HR Glossary

What is Childcare Vouchers?

A UK salary sacrifice scheme that allowed employees to exchange up to GBP 243 per month of pre-tax salary for childcare vouchers, closed to new entrants since October 2018 but still used by existing participants who haven't switched to Tax-Free Childcare.

Why it matters in hiring

Childcare Vouchers comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with C

• Certificate of Employment (Global)
• Certification
• Check-In
• Childcare Benefits
• Church Tax (Germany)
• Classroom Training
• Clawback Clause
• Clearance Process

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.