Employee Benefits

MAY 28, 2024

About 1,000 Unite union members working at two Morrisons warehouses have undertaken strike action for three days over a cut in company contributions to their pensions. Unite also claims Morrisons is ditching a long service pay award and increasing the speed at which goods are expected to be processed in warehouses.

Pension 104

Pension Take Home Pay Retail Consulting 104

Employee Benefits

APRIL 22, 2024

This can contribute to fiscal drag, which occurs when taxpayers are ‘dragged’ into paying tax, or a higher tax rate. Jeanette Makings, head of workplace financial wellbeing at Close Brothers Asset Management, says: “Employees will need help understanding the impact in relation to their take-home pay.

Employment 59

Employment Taxes Finance Net Pay 59

Workplace Insight

JANUARY 27, 2025

Your business fronts the cost of leasing an electric car, and the employee pays you back over a set period of time. Workplace Pensions A great way to boost your employees pension pots! By opting to contribute a portion of their pre-tax salary into their pension, they can enjoy immediate tax and National Insurance savings.

Employee Benefits 52

Employee Benefits Pension Take Home Pay Salary 52