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Salary sacrifice (available in Opera 3 as standard)
Opera 3 Payroll fully caters for salary sacrifice as standard. It calculates percentage based pension contributions and includes them within associated pension files and reports.
Key benefits of salary sacrifice in Opera 3 Payroll:
Handles both pension based and non-pension based salary sacrifices (childcare vouchers and cycle schemes)
Quick and simple to setup
For ease, a pension salary sacrifice can be based on a defined value or a percentage
Prints onto employee payslips
Pension salary sacrifice values are shown on the employee/history form
For pension salary sacrifice, the employer’s NI saving can be added to the pension contribution
Watch our product demo to see it in action!
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