Acknowledgment of changes to terms and conditions of employment to implement salary sacrifices
Produced in partnership with Jenny Wheater of Duane Morris LLP

The following Share Incentives precedent produced in partnership with Jenny Wheater of Duane Morris LLP provides comprehensive and up to date legal information covering:

  • Acknowledgment of changes to terms and conditions of employment to implement salary sacrifices

Acknowledgment of changes to terms and conditions of employment to implement salary sacrifices

[insert date of letter]

This document summarises certain changes to the contractual terms and conditions of employment between [insert name of employee] (you) and [insert name of employing company] (the Company).

On [insert date of original letter from company], the Company advised you of arrangements through which, in exchange for a reduction in salary, you could elect to receive [describe the salary sacrifice arrangement (ie the non-cash benefit) (childcare vouchers, pension, cycle scheme etc)]. You were duly furnished with a set of Frequently Asked Questions (FAQs) in relation to the potential arrangements.

Having reviewed the FAQs and

Popular documents