Salary exchange
What is salary exchange?
Salary exchange is an arrangement where employees exchange part of their salary in return for an employer pension contribution. Because the salary is being exchanged rather than paid directly, neither the employee or the employer will pay National Insurance Contributions on the amount exchanged. Find out about how this works.
Support for you
- Employer guide (PDF, 3MB)
- Salary exchange FAQs (PDF, 345KB)
- Retirewell kitbag
Support for your employees
- Employee factsheet (PDF, 241KB)
- Expert Session films
- Retirewell webinar calendar (PDF, 157KB)
For employer use only.