HR Digest

MARCH 12, 2025

In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. What are fringe benefits? But what exactly is the meaning of fringe benefits, and why do they matter? What are Fringe Benefits? 401(k) matching), stock options, or performance bonuses.

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

COMPackage

NOVEMBER 3, 2024

Employees increasingly value a comprehensive benefits package that contributes to their financial well-being and overall work experience. This article explores the benefits of TCRSs, highlights key considerations for crafting meaningful reports, and offers a sample statement for your reference.

401(k) 52

401(k) Retirement Plan Benefits Package Health Insurance 52

HR Digest

AUGUST 3, 2023

According to a salary budget survey conducted by Payscale, more than three-fourths of U.S. companies were planning to increase salaries the same as or more than the previous year. The survey also revealed that 22% of companies intended to cut the amount dedicated to salary increases in 2024, a significant jump from the previous year.

Paid Leave 98

Paid Leave Salary Benefits Package Human Resources 98

Qandle

JULY 17, 2024

In 2024, the landscape of Human Resources (HR) continues to evolve rapidly, presenting both new and persistent challenges for HR professionals worldwide. This blog explores some of the key HR challenges in 2024 and provides actionable insights on how to address them effectively.

Human Resources 105

Human Resources Software Recruitment Technology 105

Best Money Moves

MARCH 11, 2024

The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. A holistic benefits strategy is one of the most important factors that job-seekers consider when deciding where to work.

Retirement Plan 105

Retirement Plan Healthcare Healthcare Benefits Parental Leave 105

HR Digest

JANUARY 12, 2024

As we stand at the precipice of 2024, a revolution – not an evolution – awaits. Benefits packages need a critical overhaul. In 2024, the onus lies on employers to strategize unique and creative approaches to attract, retain, and cultivate their most valuable talent. The year ahead demands courage and audacity.

Human Resources 109

Human Resources Education Technology Benefits Package 109

Employee Benefits

MAY 13, 2024

Employers should communicate with employees to understand what they need from a flexible benefits package. Benefits that are offered as part of a flex scheme need to add value. As employees’ needs can change throughout the year, more frequent benefits enrolment windows can provide greater flexibility and choice.

Benefits Package 116

Benefits Package Taxes Insurance Medical 116

Employee Benefits

APRIL 19, 2024

The top 10 most-read articles on employeebenefits.co.uk The top 10 most-read articles on employeebenefits.co.uk

Benefits Package 59

Benefits Package Salary Employee Benefits Employment 59

Sodexo Engage

NOVEMBER 14, 2024

Employee Discounts Platform LP mariana.nunes Thu, 11/14/2024 - 13:07 Give employees more freedom in the choices they make every day, and the chance to get more from life with a wide range of discounts at their fingertips. Why Choose Our Employee Discount scheme?

Retail 52

Retail Deductible Deductions Salary 52

Insperity

OCTOBER 10, 2023

Starting in 2024, employees’ annual contribution limits to some SIMPLE 401(k)s or IRAs will rise. Act also allows employers to offer many optional financial benefits to their employees. Also beginning in 2024, employers who do not currently offer a retirement plan may initiate a “starter 401(k) plan.” The SECURE 2.0

401(k) 113

401(k) Retirement Plan Taxes Benefits Package 113

Employee Benefits

JANUARY 16, 2024

Our research – hot off the press – of 1002 full-time UK employees found that nearly half are likely to actively search for a new job opportunity in 2024. Is becoming an employer of choice one of your ambitions for 2024? salary, benefits, work-life balance and career progression) for the year 2024?

Salary 59

Salary Benefits Package Recruitment Employee Retention 59

InterWest Insurance Services

JULY 13, 2023

this year and at a faster clip in 2024 as inflation hits medical costs. ” At the same time the labor market is still very tight, requiring businesses to continue offering attractive pay and benefit packages. Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4%

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

Employee Benefits

JANUARY 18, 2024

Our research found that almost half of UK employees say they’re likely to look for a new role in 2024. Financial wellbeing benefits and incentives were at the top of the list of ways to persuade them to stay. That’s why SmartPay, our cost-neutral salary deduction scheme, is the employee benefit your people and business need in 2024.

Employee Benefits 52

Employee Benefits Deductible Deductions Salary 52

Empuls

DECEMBER 24, 2024

Organizations prioritizing meaningful benefits show their commitment to employee well-being, fostering loyalty, and enhancing productivity. While salary is important, employees increasingly value benefits that improve their work-life balance and financial security. These perks enhance employee well-being and job satisfaction.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

cipHR

JANUARY 11, 2024

So what might 2024 have in store? A lot can happen in 12 months, but Ciphr’s own experts have gazed into their proverbial crystal balls to share their views on what 2024 has in store for the HR profession and how HR software like Ciphr’s can help. This empowers your hiring managers to make more unbiased hiring decisions 2.

Recruitment 52

Recruitment Software Benefits Package Technology 52

Employee Benefits

JULY 15, 2024

An organisation should regularly communicate its benefits to current and potential employees if it wants to promote itself as an employer of choice. With this in mind, what impact can employers’ reward and benefits strategies have on recruitment and retention?

Recruitment 98

Recruitment Parental Leave Salary Pension 98

HR Digest

FEBRUARY 20, 2025

A 2024 study by Gallup found that organizations with strong recognition cultures saw 31% lower voluntary turnover rates than their peers. The workforce is more diverse and dispersed than ever, with remote and hybrid models now the norm for 38% of US employees, according to the Bureau of Labor Statistics 2024 trends.

Parental Leave 84

Parental Leave Benefits Package Employee Retention Salary 84

Employee Benefits

MAY 20, 2024

Flexible benefits , voluntary benefits, and allowances or pots offer the potential for greater personalisation. A robust communications programme delivering frequent messaging in different formats helps employees know what is available, increasing the value of the benefits package. It can be a huge benefit.”

Employee Benefits 64

Employee Benefits Benefits Package Voluntary Benefits Pension 64

Employee Benefits

FEBRUARY 26, 2024

We interviewed over 1,000 UK employees and found that almost half would be looking for a new role in 2024. 180,000 is a substantial amount to pay to replace employees in 2024 – a year when business costs remain high. SmartPay – helping employees avoid credit cards and loans through salary deduct.

Employee Retention 111

Employee Retention Bonuses Recruitment Taxes 111

Best Money Moves

OCTOBER 7, 2024

How to use benefits to stand out to top talent. Companies need a competitive benefits package to attract and retain top talent. Here are the standout benefits your employees are looking for. 3 Standout Benefits to Help Attract & Retain Top Talent Employees 1.

Benefits Package 52

Benefits Package Education Human Resources Recruitment 52

Employee Benefits

MAY 20, 2024

Employee benefits provider Vivup and group protection and investment provider Canada Life UK have been shortlisted in the Best supplier to work for category at the Employee Benefits Awards 2024. It is only open to internal HR teams of employee benefits providers, suppliers, advisers and consultants.

Benefit Providers 59

Benefit Providers Entertainment Bonuses Benefits Package 59

cipHR

NOVEMBER 13, 2023

Our head of talent offers her expert tips for better hiring in 2024 If you’re a head of HR or head of talent in a growing UK organisation, you probably don’t need us to spell out the scale of the recruitment challenges that lie ahead for 2024. Whether internal or external, recruitment challenges are never-ending for UK HR teams.

Recruitment 52

Recruitment Media Software Salary 52

Employee Benefits

OCTOBER 10, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has announced that it will increase its minimum salary for frontline operations employees as part of a £170 million investment as of 15 October. and £13 per hour depending on location as of April 2024. and £12.50 per hour, depending on location. and £12.50

Retail 59

Retail Pension Benefits Package Comprehensive Benefits 59

Bayzat

JUNE 27, 2024

In this article, we zero into the potential of ChatGPT for HR in 2024. We will discuss what this cutting-edge tool can do to revolutionize the HR industry and how it can benefit HR professionals. For example, do most employees express dissatisfaction with the company’s benefits package?

Benefits Package 52

Benefits Package Technology Human Resources Architecture 52

Employee Benefits

MAY 6, 2024

Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. They can then use that information to improve their benefits offering in the future.

Voluntary Benefits 59

Voluntary Benefits Benefits Package Net Pay Retail 59

Sodexo Engage

NOVEMBER 14, 2024

Pluxee Employee Discounts Platform mariana.nunes Thu, 11/14/2024 - 13:07 Give employees more freedom in the choices they make every day, and the chance to get more from life with a wide range of discounts at their fingertips. Inclusive and Accessible Our vast range of retailers offer your employees ways to stretch salaries further.

Retail 52

Retail Deductible Deductions Salary 52

HR Digest

FEBRUARY 4, 2022

According to the Bureau of Labor Statistics , employment opportunities for HR managers are expected to increase by 17% between 2014 and 2024. When you interview for entry-level human resources jobs , ask about the company’s history, employee benefits package , and salary structure. Ask for advice .

Human Resources 98

Human Resources Medical Payroll Manufacturing 98

SnackNation

MAY 19, 2017

With workplace leadership expected to be two-thirds millennial by 2024 and 28 percent of millennials already in managerial roles, millennials are on track to take more responsibility, not avoid it. Over half report career trajectory as the main attraction in an employer, with salary coming in second. Mentor them.

Management 77

Management Bonuses PTO Benefits Package 77

Flimp Communications

OCTOBER 1, 2024

Estimates peg the cost of replacing a single employee somewhere between half to twice their annual salary. To the modern employee, work isn’t just about earning a salary but growing as a person. Make sure your employees feel supported year-round using our free 2024 Benefits Communication Calendar for HR Teams.

Employee Retention 52

Employee Retention Benefits Package Salary Bonuses 52

HR Digest

FEBRUARY 19, 2023

You will have access to the benefits package until the end of the month, and your remaining salary will be deposited into your account before the end of today. Kind regards, Josh Klon HR manager, GetFast Stores Termination Letter Example for Stealing August 23, 2024 Selina Holmes Jnr.

Benefits Package 52

Benefits Package Food Finance Salary 52

Best Money Moves

AUGUST 6, 2024

According to Bankrate’s 2024 Emergency Fund report, nearly 1 in 3 employees have $0 saved for emergencies — a clear indication of low financial resiliency. To help employees craft a more financially resilient future, consider offering an emergency fund as part of your employee benefits package.

Retirement Plan 52

Retirement Plan Benefits Package Medical Banking 52

HR Digest

FEBRUARY 6, 2023

Sample #1 February 20, 2024 Miss Cathyln Paul Sales Representative Employee ID: 345765 Letter of Termination Dear Cathyln Paul, We regret to inform you that we will be letting you off your duties as the sales representative at Gutler Stores. Your last official date at the company will be February 28, 2024.

Employment 52

Employment Benefits Package Healthcare Government 52

HR Digest

NOVEMBER 9, 2023

percent increase in their total compensation budgets for 2024. Apollo Technical reports that 39 percent of those considering job changes are motivated by higher salaries. An equitable compensation program guide and creating fair salary structures is important for the LGBT community as well, who makes up 7.1 percent of the U.S.

Compensation System 52

Compensation System Family and Medical Leave Act Salary Parental Leave 52

Employee Benefits

FEBRUARY 20, 2024

Beyond these smaller steps, more and more organisations are making the decision to offer fitness memberships as part of their employee benefits packages, to enable their staff to stay fit outside of work. The benefits also extend to staff recruitment and retention.

Manufacturing 52

Manufacturing Benefits Package Retail Recruitment 52

Employee Benefits

APRIL 17, 2024

Recent research by PureGym for 2023/2024 shows a 2% increase in gym membership uptake compared to last year, but 54% of Brits say they don’t have a gym membership because they’re too expensive. At the peak of the cost-of-living crisis, 42% of Brits cancelled their gym memberships to cut back and improve their financial situation.

Retail 52

Retail Pension Benefits Package Deductible 52

Employee Benefits

JANUARY 12, 2024

Wikipedia explains it here: Where W=weather, D=debt, d=monthly salary, T=time since Christmas, Q=time since the failure of new year’s resolutions, M=low motivational levels, and Na=the feeling of a need to take action. We surveyed over 1,000 UK employees to discover how many would seek a new role in 2024.

Benefits Package 52

Benefits Package Finance Employee Retention Consulting 52

HR Digest

MARCH 6, 2024

Top Employee Retention Strategies to Try Out in 2024 One of the most effective employee retention strategy examples is to offer competitive salaries and benefits that attract talent towards your organization.

Employee Retention 59

Employee Retention Salary Overtime Benefits Package 59