Definicja employer national insurance cost/saving

Difference in employer National Insurance Contributions (NICs) after enrollment of an employee in Flexible Benefits for Great Britain, compared with the employer NICs payable on the standard or core benefits provided before benefits enrollment takes place.

Employer NICs can be less (NIC saving) or more (NIC cost) than the NICs an employer would have paid if only the core or standard benefits package had been selected by the employee. Whether a NIC cost or saving is produced, depends on the exact flexible benefits package selected by the employee.