22nd October 2024
Here at Each Person, our benefits catalogue is constantly evolving and expanding to offer our clients opportunities to support their employees beyond the workplace. Our latest, exciting editions include our brand-new Holiday Salary Sacrifice Scheme!
Your people can now spread the cost of that trip of a lifetime with our Holiday Salary Sacrifice! We’ve partnered with Inspire to make holidays more accessible for your employees who deserve a much-needed break.
As we all know, everyone needs a rest and reset away from the stresses of everyday life from time to time. Studies have shown that taking time off can reduce stress levels, increase productivity, and overall, drastically improve physical and mental wellbeing.
In particular, a study by BeWell SHBP found that employees are less likely to suffer from things like poor heart health, type two diabetes and high blood pressure when they make use of their holiday allowance.
As well as this, there are a plethora of benefits to employees’ mental wellbeing when they take time away from work. According to Travel and Leisure, travelling forces us to become separate from our day-to-day routine and become present in the moment. This increases mindfulness and encourages self-reflection.
Step 1.
Once your company has opted into the scheme, employees can find the scheme by going to the ‘Benefits’ tab and selecting ‘Learn more’ on the Holiday Salary Sacrifice tile.
Step 2.
Once on the Holiday page, they can find more information and click ‘Find Holiday’ to be redirected to the Inspire website and browse a huge variety of getaway options.
Step 3.
Once the employee has chosen the trip of their dreams, they can go back to the Each Person Holiday page and select ‘Apply for voucher’.
Step 4.
Here the employee simply needs to input their personal details and how much they would like to request.
Step 5.
Once they have clicked ‘continue’, their application will be received by our team and sent through to the employer for approval.
The cost-of-living crisis has had an undeniable impact on our everyday lives and spending habits. Rising prices of essentials have caused many people to tighten their belts and reconsider spending on luxuries such as trips away.
Offering a Holiday Salary Sacrifice Scheme means employees can spread the cost of their holidays into manageable payments, deducted directly from their salary. The scheme is designed to protect the financial wellbeing of employees by providing an alternative to taking out a loan or entering into credit card debt to pay for holidays.
Increasing the accessibility of much-needed getaways to all members of your organisation demonstrates that you value your employees' personal lives and not just their performance at work.
Like the sound of our Holiday Salary Sacrifice? Stay tuned for our new developments in the world of employee recognition and the exciting releases coming to Each Person!
If you have any inquiries, feel free to reach out to our dedicated support team at support@eachperson.com.