Glossary 

Human Resource Glossary for HR Terms
This comprehensive glossary of human resource (HR) terms defines words and phrases frequently used by HR professionals. We would like to encourage you to share and make use of this library. If you have any suggestions of terms we have missed, please contact us & we will include them in our next update.

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Holiday

Empower your people to effortlessly pay for their dream holidays in easy instalments deducted directly from their gross salary.

Help Your People Book Their Dream Holiday!

Each Person has collaborated with Inspire to enable your people to effortlessly pay for their dream holidays in easy instalments deducted directly from their monthly salary. Help your team say goodbye to financial stress and hello to seamless getaway planning with our Holiday Salary Sacrifice!  

By sacrificing part of their gross salary, employees can plan their ideal getaway while reducing their tax and National Insurance contributions. The cost is deducted before tax, making the scheme a tax-efficient way for employees to enjoy time away from work without significantly impacting their finances by paying everything upfront.

How Does It Work?

Your people can effortlessly book their dream getaways with our Holiday Salary Sacrifice using the steps below:

1. Let them plan – your people can browse and request their ideal getaway using Inspire’s range of offers such as flights, hotels, package holidays, cruises and more!

2. Give your approval – Once a request has been submitted you can easily provide approval using our platform which will grant your employee a voucher to book their dream holiday

3. Schedule payment – The employee can then spread their holiday payments over 10 to 12 monthly instalments, all within a limit set by you, the employer

What is the Benefit of Offering Holiday Salary Sacrifice?

For employers, offering a Holiday Salary Sacrifice scheme demonstrates a commitment to supporting employee wellbeing and work-life balance. By giving employees the opportunity to plan their dream getaway without the worries of finances and big upfront costs, businesses can enhance job satisfaction, reduce burnout, and promote a healthier workplace culture.

Holiday salary sacrifice

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If you wish to improve your business start by focusing on your most important asset; your employees.

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