Phrases with «salary sacrifice»

Salary sacrifice refers to an arrangement where an employee agrees to receive a lower salary in exchange for certain benefits provided by their employer. It means sacrificing a portion of one's salary in order to gain other advantages or perks. Full definition

Related phrases

Sentences with «salary sacrifice»

  • Some awards, for example, do not provide for salary sacrifice arrangements. (ato.gov.au)
  • Making extra mortgage repayments does not give you the upfront tax benefit of making salary sacrifice contributions into super. (moneysmart.gov.au)
  • Salary sacrificing into super can save tax and really boost your retirement nest egg. (moneysmart.gov.au)
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