Employee Benefits

JULY 17, 2024

The Transfer of Undertakings (Protection of Employment) Regulations 2006 (Tupe), the UK law which implemented the Acquired Rights Directive into UK law, require that an employer acquiring the employees and possibly workers of another must honour their terms and conditions, including holiday, pay and other benefits, with very limited exceptions.

Employment 108

Employment Consulting Government Employee Benefits 108

HR Lineup

DECEMBER 22, 2021

The compensation tools in HRM below have proven beneficial to all types of businesses since most of them help in calculating employee benefits and compensation, making the entire process seamless. Random Walk Ventures LLC is responsible for the original creation of the planner in 2006.

Retirement Plan 246

Retirement Plan Employee Compensation Human Resources Consulting 246

Employee Benefits

FEBRUARY 14, 2022

Joined by Gary Ecob and Shah Zaki, the business was re-acquired by Grenfell and Gregory in 2006, when the partnership took on the new name of Orbis Partners. Advised by Claritas Tax and Lodders, Orbis has now transferred majority ownership of the business to an employee ownership trust (EOT) for its 17 members of staff.

Food 59

Food Finance Taxes Technology 59

Corporate Synergies

AUGUST 6, 2018

High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% million accounts in 2006 to over 22 million at the end of 2017. Unfortunately, many employees aren’t getting the full HSA value.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductible 40

Employee Benefits

MARCH 17, 2023

The Budget contained myriad measures impacting the reward and benefits industry, most notably around pensions, childcare, and both mental and occupational health. The abolition of the lifetime allowance was intended to encourage employees who had reached this limit to remain in, or return to, work.

Pension 59

Pension Taxes Government Payroll 59

HR Professionals Magazine

SEPTEMBER 2, 2021

The age-old participant question: should I save Pre-tax or Roth? As a retirement plan advisor this is by far the most common questions I get and because of that we always spend a good deal of time educating employees on this. The key between a Traditional or Roth 401(k) boils down to when the participant will pay taxes.

Retirement Plan 52

Retirement Plan roth 401(k) 401(k) Taxes 52

Empuls

SEPTEMBER 25, 2023

Given these changes, HR departments need to reassess their benefits packages to make sure they are not only competitive but also in full legal compliance. For example, in 2006, IBM faced lawsuits over its shift from a traditional pension plan to a cash-balance plan, a change that allegedly discriminated against older workers.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40