What is the Gym Benefit?

The lifestyle benefit enables employees to pay for their favourite lifestyle subscription such as Headspace, Babbel and Spotify through salary sacrifice and save 8-40% in the process.

How does it work?

Employees give up part of their salary in return for a lifestyle subscription. As the employer, you pay for it upfront and deduct the cost over 12 months from their gross pay. This is exactly how the cycle-to-work scheme works, (credit options are available if you don’t want to pay upfront).

Employees on the basic rate of tax save 8% on the product, via an N saving. Combined with a discount supplier, the employee is saving between 8-40%.

Why should I offer the Lifestyle Benefit to my employees?

Support for mental well-being should be at the forefront of every company's benefits strategy. A healthy employee is more productive at work, less likely to fall ill and more likely to stay motivated. Our lifestyle benefit enables employees to pick the benefits that matter to them and save money in the process.

FAQs

General

• Who supplies the products?
• How does approval work?
• How does Tendr’s Lifestyle Benefit differ to others on the market?
• What level of admin is involved?
• How does tax saving work?
• Who is eligible for this benefit?

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