Pay Package Question:

What is salary packaging?

Tweet Share WhatsApp

Answer:

Salary packaging is commonly known as salary sacrifice, is an arrangement between you and your employer where you agree to forego a portion of your income for 'other' benefits of the same value offered by your employer. A portion of your pre-tax salary is 'sacrificed' in return for payment of employer provided benefits. Each employer offers a range of benefits that you may salary package.

Read All 31 Salary Package Questions
Previous QuestionNext Question
What are the gender differences regarding salary package?Why you need salary package?