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Lee McIntyre-Hamilton: Changes to national insurance and the impact on employment

Employee Benefits

Firstly, the reduction does not directly benefit employers since they will continue to pay secondary (employers) NICs at the current rate of 13.8% Arguably, it may take a little pressure off employers when it comes to demand for future pay rises. Is it all good news? Unfortunately, the answer is no. on pay and taxable benefits.

Insurance 108
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Fiscal drag: how can employers offset the challenges of a difficult economy?

Employee Benefits

Employers should ask employees about their financial pressures to understand how to support them. In his Autumn Statement last November, Chancellor Jeremy Hunt extended the freeze on national insurance (NI) and income tax rate thresholds until April 2028. This could add further strain to employees.

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Government maintains national insurance contributions freeze

Employee Benefits

Autumn budget 2022: The government has decided to maintain the current freeze on employers’ national insurance (NI) contribution thresholds for a further two years. Chancellor of the exchequer Jeremy Hunt told the House of Commons in his autumn budget that the freeze would continue to April 2028.

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UK Workplace Pension Regulations: What Every Employer Should Know

Employee Benefits

UK Workplace Pension Regulations: What Every Employer Should Know In the dynamic landscape of finance, grasping the nuances of workplace pension regulations might be daunting. Therefore, it’s vital to familiarise yourself with the core pension obligations for both employees and employers. Here’s the breakdown.

Pension 52
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Aldi Makes Big Moves—Wages Increase, Hiring Surges

HR Digest

by 30% before the end of 2028. Most businesses are currently looking at layoffs and hiring freezes but grocery chain Aldi has announced a wage increase for workers along with plans to hire in large numbers. Aldi’s hiring surge will see the creation of 13,000 new jobs in addition to the 49,000 people it already employs.

Retail 98
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OSHA Updates HazCom Standard

InterWest Insurance Services

Second: Other employers will have to comply six months after those dates: July 19, 2026 for those that handle, store or use substances, and Jan. 19, 2028 for mixtures. It’s important for employers to stay up to date on the HazCom standard to protect their workers.

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The Impacts of Worker Shortage in Logistics in New Zealand

Global People Strategist

The current labor shortage of 4,700 is expected to reach 17,900 by 2028. The core reasons behind worker shortage include rising fuel costs and immigrant employment problems. The core reasons behind worker shortage include rising fuel costs and immigrant employment problems. Another perspective is an alteration of roles.