About Virgin Experience Days
Employees choose an experience from the online catalogue and place their order.
Book a Free Consultation TodayWhy offer this benefit?
Increasingly popular
People love to talk about the things they’ve done, or are about to do, so Virgin Experience Days are great for creating a buzz around the office. Experience Days are also proving to be an increasingly popular gift for Christmas and birthdays.
Save money
There are lots of experiences for two that are perfect for sharing with friends and loved ones and employees will associate the excitement and enjoyment with your business. This benefit enables employees to save money on hundreds of memorable experiences across the UK.
Enjoy the experiences
From experiences like driving and hot air balloons, through to relaxing classics like afternoon teas, spa days and fine dining, there’s an experience to suit all tastes and occasions.
How it works
Employees choose an experience from the online catalogue and place their order. They will receive their Voucher(s) in a plain brown envelope to ensure not to spoil any surprises if using the Experience Day as a gift. For some experiences, they may need to check weather conditions with the supplier before leaving home.
Set-up requirements
Employer confirms they wish to make the benefit available to employees. Most employers operate Experience Days as an Anytime Benefit as employees often wish to be able to select an Experience to mark an event which is special to them.
How is it paid for?
Experience Days start at c.£40 to the limit you set up to. The Employer pays for the Experience Day and the employee repays your business over twelve equal monthly deductions from salary. If the employee leaves during the repayment period, any outstanding amount is recovered from final salary.
Tax status
If operated through salary sacrifice then the employee saves NI at 8% or 2%, depending on their personal rate of tax and BIK charge applies (this is the most common approach). This benefit can also be facilitated as a Net deduction with no BIK (employee does not make NI savings).
