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What will employee motivation look like in 2024?

Employee Benefits

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
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Job Cuts at John Deere: Layoffs Unfold At a Significant Scale

HR Digest

The John Deere job cuts in 2024 are certainly worrying because of the uncertain fate of the affected workers, but news of the company’s relocation of some operations over to Mexico in the next two years is also of note. This isn’t the first round of John Deere’s strategic job cuts in 2024.

Net Pay 75
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Refurbished Tech

Sodexo Engage

Refurbished Tech daniel.rhodes Mon, 09/16/2024 - 09:49 Refurbished Tech A sustainable, free-to-implement, trusted employee benefits scheme that saves employees money and supports corporate CSR & ESG initiatives Book a demo Buy Savings of up to 60% on all the big name refurbished tech devices, saving the pocket and the planet.

Net Pay 59
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Refurbished Tech

Sodexo Engage

Refurbished Tech daniel.rhodes Mon, 09/16/2024 - 09:49 Refurbished Tech A sustainable, free-to-implement, trusted employee benefits scheme that saves employees money and supports corporate CSR & ESG initiatives Book a demo Buy Savings of up to 60% on all the big name refurbished tech devices, saving the pocket and the planet.

Net Pay 52
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Buyers’ guide to off-the-shelf voluntary benefits schemes

Employee Benefits

These particular benefits offer an effective way of stretching an employee’s net pay without it significantly impacting employers’ costs. March 2024 saw Vivup and Perkbox combine to create an all-in-one platform incorporating wellbeing, benefits, employee discounts, and engagement.

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Fiscal drag: how can employers offset the challenges of a difficult economy?

Employee Benefits

This can contribute to fiscal drag, which occurs when taxpayers are ‘dragged’ into paying tax, or a higher tax rate. This will positively impact the net pay of the majority of employees, but might not fully offset potential tax bracket changes. This could add further strain to employees.

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Top 10 money tips for those entering the workplace

Employee Benefits

A payslip contains important information, including someone’s payroll number, gross income (the income before any taxes and deductions have been taken out) and net pay (what’s left after deductions have been taken off), and usually a tax code.

Pension 52