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Salary sacrifice scheme for smart home products

Tech Data and employee benefits specialist Grass Roots have worked on a new programme that enables employers to offer their workforce a salary sacrifice scheme for smart home products, with interest-free credit and no formal credit checks. The Grass Roots Techscheme lets employees spread the cost of purchasing smart home solutions over a number of months, with payments deducted directly from their salary. The scheme can be used for purchases of any value and is fully aligned with existing HMRC rules.

Teresa Johnston, Smart Home Business Development Manager, Tech Data
Teresa Johnston, Smart Home Business Development Manager, Tech Data

Teresa Johnston, Smart Home Business Development Manager at Tech Data, said: “Grass Roots’ Techscheme is a great idea and makes it incredibly easy for people to get the latest technology into their homes for a discounted price. As well as offering significant savings for employees, it can help to excite and encourage them to sell smart home solutions. By generating that real enthusiasm for products amongst their teams, both retailers and resellers should see a positive impact on their sales.”

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2020