Juro: Reducing National Insurance with Salary Sacrifice

Juro has achieved an estimated annual saving of almost £35k on employer National Insurance contributions by introducing salary sacrifice pension contributions with Penfold.

“As a fast-growing business, keeping operational costs under control while investing in our people is a top priority. Salary sacrifice has been a smart, proactive way for us to manage payroll expenses while ensuring our team’s long-term financial wellbeing – saving us an estimated £34,134 annually in employer National Insurance contributions.”

- Abigail Cooper, People Operations Specialist at Juro

Inspired by Juro’s journey with Penfold? Request more information now!

A Proactive Approach to Financial Wellbeing

Juro, an AI-native contract automation platform, is committed to streamlining legal processes for businesses while also investing in the financial wellbeing of its employees. As part of this commitment, Juro proactively implemented salary sacrifice pension contributions well before the April 2025 increase in employer National Insurance (NI) rates.

By taking early action, Juro positioned itself ahead of the curve, ensuring that the business could mitigate rising payroll costs while helping employees grow their pension savings in a tax-efficient way.

The National Insurance Challenge

With the announcement of the April 2025 National Insurance increase, businesses across the UK face higher payroll costs. Under the new regulations, employer NI rate is rising from 13.8% to 15%, and the earnings threshold for contributions is dropping to £5,000. This means increased financial strain for companies like Juro, who are seeking a smart, tax-efficient solution to manage costs without compromising employee benefits.

When joining Penfold two years ago, Juro wanted to ensure that its team continued to receive strong financial benefits while keeping operational costs manageable.

The Solution

Penfold worked closely with Juro to implement a seamless salary sacrifice pension scheme, allowing employees to contribute a portion of their pre-tax salary directly into their pension. This setup meant that:

• Juro lowered its overall NI liability, reducing employer payroll expenses.
• Employees benefitted from higher take-home pay and increased pension contributions.
• Payroll processes remained simple and fully compliant, thanks to Penfold’s intuitive platform.

Penfold provided hands-on support to ensure a smooth transition, educating employees about the benefits of salary sacrifice and working with Juro’s People and Compliance teams to ensure alignment with internal policies and payroll systems.

The Results

By implementing salary sacrifice, Juro achieved:

• An estimated £34,134 annual saving on employer National Insurance contributions.
• Higher employee engagement in pensions, with more staff actively contributing.
• Increased financial wellbeing for employees, who now benefit from a tax-efficient way to save for their future.
• Seamless payroll integration, reducing administrative burden for HR and payroll teams.

“We believe in using technology to streamline processes, and that’s exactly what Penfold has done for our pension setup. It’s made salary sacrifice incredibly easy to implement, saving us time, money, and admin headaches.”

- Abigail Cooper, People Operations Specialist at Juro

Looking Ahead

By adopting salary sacrifice early, Juro has set a precedent for other forward-thinking businesses looking to optimise their payroll costs while supporting employees’ long-term financial security. With Penfold as their trusted pension partner, they continue to empower their team with an easy-to-manage, easy-to-understand, and engaging pension experience.

“Juro has shown how businesses can take a proactive approach to managing payroll costs without compromising on employee benefits. By adopting salary sacrifice early, they’ve not only unlocked over £34,000 in savings but also created a pension experience that’s effortless and rewarding for their team.”

- Chris Eastwood, CEO at Penfold

About Juro

Founded in 2015 and headquartered in London, Juro is an AI-native contract automation platform that enables legal and business teams to draft, review, and finalise contracts up to ten times faster. With features like advanced electronic signatures, automated reminders, and seamless integrations, Juro serves businesses across industries including B2B SaaS, food delivery, automotive marketplaces, and travel marketplaces.

About Penfold

Penfold is the modern workplace pension provider that helps businesses attract and retain top talent. With a seamless digital experience and hands-on support, Penfold makes pension saving easy, accessible, and engaging for employees and employers alike.

See how much your business could save: Request more information now!