Employee Benefits

Frequent 'Options' allow you to provide Employees the best value 'holiday offers' on the market.
As this is our prefered distubution method we will reduce the price to your employees to £250 inc VAT.

Frequent 'Options' significantly reduce the costs of Rewards and Flexible Benefits to both you and the employee without the normal Tax Costs.

Imagine offering top quality holidays at up to 60% discount, to your employees through your benefits schemes!
Imagine being able to reward your top employees as well as their families with a whole world of holidays without it costing either you or them the earth!
Well now you can!

Flexible Benefit Schemes -

Introduce 'Frequent Options' into the Flexible Benefits Scheme and the Employees Sign-Up with Frequent.
The company pays the ESCROW Agent who only pay out on delivery of the services. (So all monies are fully protected).
The company reclaims the cost from the Employee on a weekly/monthly basis via Salary Sacrifice.
Cost £250 (£21 per month for the employee)
There are no Tax or NI issues for the company or employee with Frequent Holiday vouchers

Reward and Incentive Programmes -

Incentivise your employees - without it costing either the Company or the Employee the earth;

The normal cost of incentives -

Giving your employees a bonus or reward without them being penalised by the tax man is very difficult. The normal cost of a holiday as a benefit breaks down as follows;

Company pays £600 for the holiday.
Company also pays HMRC £76.80 for the 12.8% employers NIC.
Total gross cost for the company is £676.80

Employee pays HMRC £240 Tax and £6 NI for the holiday benefit (40% tax band).
Total net cost for employee is £246 or the equivalent of £416.90 of gross salary!

Total Cost to both the Company and Employee is £676.80 PLUS £246 = £922.80

The cost with Frequent -

To provide an Employee with Frequent Holidays as an Incentive Frequent Holiday Voucher costs break down as follows;

Company pays £250 for the holiday voucher.
Company also pays £32 for the 12.8% employers NIC.
Total gross cost for the Company is £282
Employee pays £100 Tax and £2.50 NI for the holiday benefit (40% tax band).
Total net cost to the employee is £102.50 or the equivalent of £173.72 of gross salary.
Total Cost to both the Company and Employee is £282 PLUS £102.50 = £384.50
That is a saving of £538.30 for both the Employer and the Employee OFF a £600 holiday compared to conventional leisure rewards!

For further information or to include Frequent Holiday Vouchers into your benefit schemes please register your interest using the button below:-