Back to Top. Salary exchange (also referred to as salary sacrifice), is where someone gives up part of their salary in return for a non-cash benefit, often a pension contribution.alary Exchange Calculator. Salary exchange (also referred to as salary sacrifice), is where someone gives up part of their salary in return for a non-cash benefit, often a pension contribution.
Coming from the Latin adversus meaning turned against, adverse is an adjective describing a factor that seems to work against or actively harm something. Think of the related word, adversary, which means enemy or opponent, so that if something is adverse, it acts as if it were the enemy.
Adverse impact is often used interchangeably with disparate impact, which was a legal term coined in one of the most significant U.S. Supreme Court rulings on disparate or adverse impact: Griggs v. Duke Power Co., 1971. Adverse Impact does not mean that an individual in a majority group is given preference over a minority group. However, having adverse impact does mean that there is the âpotentialâ for discrimination in the hiring process and it could warrant investigation. The 80% rule