salary sacrifice
C1CEFR level
70/100Rarity: rare
TechnicalRegister
An arrangement in which an employee gives up part of their gross salary in return for a non-cash benefit, often to save tax.
Staff can boost their retirement savings through salary sacrifice, trimming their taxable pay in the process.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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