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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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A 'flex-tirement' policy helps this ad agency's employees ease into retirement

Employee Benefit News

By 2030, all baby boomers will have reached retirement age, but it doesn't mean they need to leave the workforce immediately.

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Kingfisher provides benefits security through bulk annuity purchase

Employee Benefits

Most trustees are current or former employees, and have a long-term funding objective for the final salary section, which is to be fully-funded on a self-sufficiency basis by 2030. As it removes longevity, investment and inflation risk, it helps provide greater security of benefits for members,” he concludes.

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What does the modern company car scheme look like?

Employee Benefits

“This has prompted a demand for company car schemes to offer more options such as electric vehicles as businesses align with this growing consciousness and adapt to the upcoming 2030 ban on the sale of petrol and diesel cars,” she says. appeared first on Employee Benefits.

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Waiving HDHP Deductibles Has Little Effect on Premiums, Study Says

InterWest Insurance Services

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums. That’s the finding of a new study from the Employee Benefit Research Institute (EBRI).

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Let’s Get Creative for Global Recycling Day 2023

Employee Benefits

Recycling saves over 700 million tonnes in CO2 emissions and is set to increase to 1 billion tons by 2030” (2). This year’s theme is ‘Creative Innovation’, and the Global Recycling Foundation is calling on people to develop new and inspired solutions to tackle the climate crisis (2). Why do we need Global Recycling Day?

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Will the Mansion House reforms deliver value for employees?

Employee Benefits

Some large schemes, including Aegon, Aviva, Legal and General, and Scottish Widows, have now promised to allocate at least 5% of their default funds to unlisted equities by 2030. The post Will the Mansion House reforms deliver value for employees? appeared first on Employee Benefits.

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