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Positive pension fund growth as well as a pay rise may easily push them over the LTA before they know it. For example*, if someone aged 45 has a pension fund of £400,000 and a salary of £50,000, saves 5% of their salary into their pension which rises by 3% p.a
A study by Bateman & Crant; 2003, Lepper, Corpus, & Iyengar; 2005 have addressed this issue. They can be pensionbenefits, paid leaves, etc. They are benefits that enhance an employees' work life, such as health benefits, club benefits, etc. In that case, it benefits both him and your company.
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