Employee Benefits

AUGUST 9, 2023

Tailored benefits that are personalised to employees’ needs offer an effective form of support. As a starting point, employers can survey staff to ascertain their situations, and get creative with benefits that can help employees both today and in the long-term, says Steve Watson, director of policy and research at Cushon.

Pension 98

Pension Retirement Plan Education Retail 98

Employee Benefits

APRIL 25, 2023

Store staff received an average salary increase of 6.7% for 2023/24 as a result of the new hourly base rate and pay structure. As a result, experienced store managers with strong performing shops who are qualified to WSET Diploma level can earn as much as £11,700 more per year in addition to their base salaries.

Retail 59

Retail Bonuses Salary Benefit Providers 59

Employee Benefits

JULY 31, 2024

Total reward statements are personalised communications that show employees the total value of their compensation package beyond just salary. They may also include non-financial benefits such as health and wellbeing, learning and development programmes, flexible-working opportunities and recognition awards.

Pension 59

Pension Salary Benefits Package Taxes 59

Employee Benefits

OCTOBER 18, 2023

With operational costs rising, organisations might be forgiven for cutting their benefits budgets. However, in a tight labour market, the evidence suggests most employers are not slashing benefits. An overwhelming 82% said no, reports David Collington, partner and head of benefit consulting at Barnett Waddingham.

Employment 59

Employment Benefit Providers Salary Voluntary Benefits 59

cipHR

JUNE 29, 2023

HR software provider Ciphr polled 1,000 employees across the UK about their experiences of rising living costs in 2023, and any actions they’ve taken, or have considered taking, because of financial pressures. This compares to 64% of all in-person workers surveyed, and 38% of all remote and hybrid workers surveyed.

Food 52

Food Payroll Bonuses Insurance 52

Empuls

JUNE 21, 2024

Meanwhile, these rewards and benefits provide a financial cushion for the employee's transition into retirement. If used as an organizational tool, retirement rewards have the following benefits: Employee engagement since retirement benefits can keep an employee engaged.   How did they fare?

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Empuls

MAY 7, 2023

Employee benefits are a set of incentives, perks, and privileges an employer provides to their employees in addition to their regular salaries and wages. According to HBR , 51% of employees said they would switch employers for better wellness benefits and 35% said they have left a job due to poor wellness benefits.

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Empuls

SEPTEMBER 28, 2023

Pensions are a compulsory benefit provided by employers in the UK. Retirement benefits Pension is the most important part of retirement benefits in the UK. It also provides other options, such as bonds, international index funds, etc, using a plan that automatically enrolls employees. 

Employee Benefits 40

Employee Benefits Pension Mandatory Benefits Benefits Package 40

Empuls

APRIL 28, 2023

And one of the key factors that can make a difference for employees is the benefits they receive. Employee benefits are a crucial part of any organization's overall compensation package. While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Empuls

APRIL 26, 2023

However, according to the report of BLS , the overall turnover rate for the retail industry was 60% (updated to February 2023). Businesses may need to spend additional money on advertising or recruitment agencies to find suitable candidates, and they may need to offer higher salaries or benefits to attract applicants.

Retail 40

Retail Health Insurance Benefits Package Recruitment 40

Vantage Circle

SEPTEMBER 23, 2023

In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” ” In the next pages, we will explore the changing world of employee benefits. Employee benefits are the indirect and non-cash compensation paid to an employee.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

Vantage Circle

MAY 18, 2023

Employees now want more than just salaries from their employers. They want a competitive benefits package to motivate them and improve their satisfaction. An employee perks program is a set of additional incentives and benefits provided by an organization in addition to their normal compensation.

Family and Medical Leave Act 105

Family and Medical Leave Act Life Insurance Health Insurance Retirement Plan 105

HR Digest

FEBRUARY 22, 2025

At its simplest, an HRIS tracks names, addresses, job titles, and salaries, but dont be fooled by its rolodex-like modesty. According to a 2023 report from PeopleSpheres, high-composability enterprises (those with strong system integration, often involving HRIS and IT collaboration) expected 7.7% revenue growth and 4.2%

Human Resources 52

Human Resources Payroll Software Overtime 52

Vantage Circle

NOVEMBER 23, 2023

These benefits provide employees with access to essential medical services. Additionally, Honeywell provides a matching contribution to retirement funds, up to a maximum of seven percent of an employee's base salary. Regarding retirement savings, GM provides salaried U.S. percent and 36.1 How to Offer?

Family and Medical Leave Act 64

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 64