Employee Benefits

JULY 15, 2024

Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Salary budget planning report was compiled by its Rewards Data Intelligence practice.

Salary 105

Salary Bonuses Workplace Flexibility Payroll 105

Employee Benefits

NOVEMBER 15, 2023

With 50% of employers planning to increase spend on financial wellbeing in place of offering wage increases and cost-of-living payments, it’s never been more important to make employee benefits sustainable. Read on to discover the financial wellbeing trends we expect in 2024 and how you can embed them within your business.

Salary 98

Salary Employee Benefits Government Employment 98

Employee Benefits

JANUARY 19, 2024

One-third (33%) of UK employers are planning on increasing salaries and bonuses at the start of this year, according to research by job website Totaljobs. While more than half (58%) were confident they will recruit the people they need this quarter, 30% admitted meeting salary expectations will be a challenge.

Bonuses 105

Bonuses Salary Employment Recruitment 105

Sodexo Engage

OCTOBER 22, 2024

NEW LP - Employee benefits and rewards. Cloned mariana.nunes Tue, 10/22/2024 - 17:21 Employee benefits and rewards Make an impact. Boost Productivity, Engagement and Retention with a wide range of employee benefits. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere!

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

HR Lineup

FEBRUARY 5, 2024

Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. It should also ensure that employees receive accurate information concerning their wages/salaries or any other deductions.

Payroll Software 130

Payroll Software Payroll Software Online Payroll 130

Best Money Moves

AUGUST 6, 2024

Many employees cannot afford a $1000 emergency Having enough money for a rainy day is a key pillar of financial resiliency. In case of an emergency like car maintenance or an unexpected bill, a rainy day fund can help employees avoid debt from unexpected expenses.

Retirement Plan 105

Retirement Plan Benefits Package Medical Banking 105

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) 72

401(k) Health Insurance Taxes Retirement Plan 72

Employee Benefits

SEPTEMBER 9, 2024

Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its Tusker EV driver survey 2024.

Salary 101

Salary Taxes Insurance Employee Benefits 101

Employee Benefits

JANUARY 3, 2024

Return to workplaces Another big area of focus for employee motivation in 2024 will be the continued pullback to the office. Stretching net pay, for example, by offering season ticket loans, or maximising opportunities to save money through salary sacrifice [arrangements], will be of significant value to employees,” says Last.

Net Pay 119

Net Pay Salary Finance Recruitment 119

Employee Benefits

JUNE 30, 2023

Salary budgets for UK employees are expected to decline in 2024 after peaking this year, according to research by Willis Towers Watson. The global advisory, broking and solutions firm’s latest Salary budget planning survey found that UK employers are budgeting an average increase of 4.4% This is lower than the average 5.1%

Salary 69

Salary Workplace Flexibility Bonuses Employee Benefits 69

Employee Benefits

AUGUST 2, 2023

Transparency around pay levels and salary capabilities helps to avoid frustration and misunderstandings and instead provide clarity and reassurance. When it comes to asking for a pay rise, knowing what those in a higher position are earning can help employees create more realistic expectations in terms of what they should be asking for.

Salary 98

Salary Management Education Finance 98

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

Employee Benefits

MARCH 6, 2024

Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April. The post Spring Budget 2024: National insurance contribution (NIC) rate cut to 8% appeared first on Employee Benefits.

Insurance 111

Insurance Taxes Government Salary 111

Employee Benefit News

DECEMBER 26, 2024

Comparably ranked companies based on their total compensation packages, including salaries, raises, benefits and bonuses.

Bonuses 130

Bonuses Salary Employee Benefits 130

Best Money Moves

JULY 30, 2024

In a recent PeopleKeep survey, 81 percent of respondents felt that an employer’s benefits package was a deciding factor when accepting a new job. In fact, according to MetLife’s 2024 Employee Benefit Trends Study, 93 percent of employees consider workplace wellbeing as important as salary.

Benefits Package 59

Benefits Package Retirement Plan Education Utilities 59

Employee Benefits

FEBRUARY 14, 2024

The report said to recruit a new employee takes an average 40 days, while the cost to a business is an average 34.5% of the new employee’s salary. The post Kerry Hudson: Change in flexible-working arrangements for 2024 appeared first on Employee Benefits.

Consulting 110

Consulting Payroll Salary Recruitment 110

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. To evolve your benefits strategy, you need to understand what will help your employees the most.

Retirement Plan 105

Retirement Plan Healthcare Healthcare Benefits Parental Leave 105

Employee Benefits

OCTOBER 24, 2023

Conducted by global talent services firm Morgan McKinley as part of its 2024 Salary guide , the survey found that the top five desired benefits respondents look for in a job are working from home, bonus, pension, health insurance and flexible working hours. Benefits around wellbeing and flexibility remain top of the pile.”

Benefits Package 118

Benefits Package Salary Pension Health Insurance 118

Sodexo Engage

NOVEMBER 28, 2024

Budget-Busting Employee Benefits Strategy Guide corin.chapman Thu, 11/28/2024 - 16:41 Your Budget-Busting Employee Benefits Strategy Using benefits to make savings and fund business growth. Enhance your employee value proposition and retain talent without creating additional financial pressures.

Employee Benefits 64

Employee Benefits Salary 64

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. 45% of Brits made their personal finances part of their resolutions for 2024 (Workplace Wellbeing Professional).

Employee Benefits 52

Employee Benefits Deductions Deductible Salary 52

CorpStrat

OCTOBER 31, 2024

A recent study, the *2024 “Pulse of the Purchaser” survey* by the National Alliance of Healthcare Purchaser Coalitions, highlights how the rising costs of healthcare are affecting employers’ ability to offer wage increases, and this impact is especially significant for small businesses.

Healthcare 52

Healthcare Healthcare Benefits Hospitality Salary 52

Employee Benefits

DECEMBER 19, 2023

Many people already pay 5% of their salary into their workplace pension through auto-enrolment, with an additional 3% employer contribution. He adds; “Proactive employers are actively working to help employees to improve their financial future, remove the stigma around money worries and access the support available.

Finance 104

Finance Banking Pension Insurance 104

Employee Benefits

JULY 12, 2024

Women in the UK earn 35% less than men in 2024, according to research by job search engine Adzuna. Men in the engineering and construction sectors earned over 50% more than women on average in the first quarter of 2024. The post UK women earn 35% less than men in 2024 appeared first on Employee Benefits.

Engineering 64

Engineering Construction Banking Finance 64

Employee Benefits

JULY 19, 2024

The top 10 most read articles between 12 – 18 July 2024 on employeebenefits.co.uk The top 10 most read articles between 12 – 18 July 2024 on employeebenefits.co.uk

Pension 59

Pension Salary Utilities Education 59

Employee Benefits

MAY 31, 2024

The top 10 most read articles between 24 – 30 May 2024 on employeebenefits.co.uk The top 10 most read articles between 24 – 30 May 2024 on employeebenefits.co.uk The top 10 most read articles between 24 – 30 May 2024 on employeebenefits.co.uk

Parental Leave 59

Parental Leave Pension Salary Bonuses 59

Employee Benefits

SEPTEMBER 13, 2024

The top 10 most read articles between 6 – 12 September 2024 on employeebenefits.co.uk The top 10 most read articles between 6 – 12 September 2024 on employeebenefits.co.uk The top 10 most read articles between 6 – 12 September 2024 on employeebenefits.co.uk

Pension 59

Pension Banking Salary Employee Benefits 59

Employee Benefits

FEBRUARY 28, 2024

Organisations are more likely to publish information on salary ranges than specific salaries, according to research by professional body the Chartered Institute of Personnel and Development (CIPD). The post Employers more likely to publish salary ranges than specific amounts appeared first on Employee Benefits.

Salary 59

Salary Pension Employment Recruitment 59

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 28, 2024

Budget-Busting Employee Benefits Strategy Guide corin.chapman Thu, 11/28/2024 - 16:41 Your Budget-Busting Employee Benefits Strategy Using benefits to make savings and fund business growth. Enhance your employee value proposition and retain talent without creating additional financial pressures.

Employee Benefits 52

Employee Benefits Salary 52

Employee Benefits

JANUARY 26, 2024

between 19 – 25 January 2024 were: Lidl GB gives pay rise to 26,000 hourly-paid employees FCA manager loses full-time work from home claim Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers Lloyds Banking Group reports 5.7% The top 10 most-read articles on employeebenefits.co.uk

Pension 59

Pension Engineering Banking Construction 59

Sodexo Engage

OCTOBER 22, 2024

Employee benefits LP mariana.nunes Tue, 10/22/2024 - 17:21 Discover a wide range of employee benefits. Employee Discounts Platform : Instant discounts (up to 20%) on essentials, treats, holidays, and more. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere!

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

Employee Benefits

FEBRUARY 21, 2024

As of 6 January 2024, the cut means that all employees who currently pay NIC will benefit. The extent of the savings will depend on an employee’s salary , with annual savings of £457 for employees on average earnings of £35,400 and £754 for employees earning over £50,270 per annum.

Insurance 108

Insurance Employment Taxes Salary 108

Employee Benefits

DECEMBER 8, 2023

Supermarket chain Aldi is to increase pay for its 40,000 store and warehouse employees to at least £12 an hour nationally and £13.55 within the M25, from 1 February 2024. within the M25 based on employees’ length of service. an hour from April 2024 for those aged 21 and over. nationally and £13.85

Government 105

Government Salary Employee Benefits IT 105

Employee Benefits

MARCH 11, 2024

The Bank of England has given its more than 5,000 employees a 4% pay rise along with a 1% salary top-up deal for 2024/25 as part of its aim to retain staff in a competitive jobs market. The deal, which was intended to match inflation , was accepted by the trade union that represents the bank’s employees.

Banking 102

Banking Pension Benefit Pension Insurance 102

Employee Benefits

MARCH 22, 2024

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

Salary 59

Salary Employee Benefits 59

Employee Benefits

MARCH 8, 2024

between 1 – 7 March 2024 were: Asda to raise pay for 120,000 hourly-paid store employees Currys increases salary for 10,000 staff and boosts minimum pay rates Tesco to increase pay above the real living wage Stay up to date with the Spring Budget 2024 Surrey County Council payroll error sees employees receive wrong wages Clarins reports 33.6%

Healthcare 59

Healthcare Payroll Salary Employee Benefits 59

Employee Benefits

AUGUST 8, 2024

As part of its latest study People at work 2024: a global workforce view , it surveyed more than 34,000 workers across 18 countries, and found that a one-off payment is more popular among female respondents (42%) than males (33%).

Bonuses 104

Bonuses Transportation Salary Employee Benefits 104