The concept of swapping involves the employer providing its employees with part of their wages as wages in kind drawn in other than monetary benefits.
The employee can pay with these benefits in the cafeteria, or use them as payment against an invoice.
The rules for swapping are similar to rules applied to leisure time benefits. The employee saves 26% when using any form of swap and the employer saves at least 5,7% compared to the same amount in gross wages.
