HR Glossary

What is Salary Sacrifice (UK / Australia)?

An arrangement where employees contractually give up part of their pre-tax salary in exchange for non-cash benefits, reducing income tax and social security obligations for both parties.

Why it matters in hiring

Salary Sacrifice (UK / Australia) 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 S

• Salary Benchmarking
• Saudi Labour Law (Saudi Arabia)
• Self-Assessment
• Self-Paced Learning
• Separation Agreement
• Service Certificate (Singapore)
• Severance Pay
• Shadow Payroll

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