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Employee Benefits: The Only Guide You Need

Achievers

The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. Employers are responding with a menu of voluntary employee benefits, driven by generational shifts and technology that is dramatically changing the workplace. . Employee benefits are non-salary compensation and perks.

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What does the modern company car scheme look like?

Employee Benefits

A company car can be a useful attraction and retention tool for employers. Car salary sacrifice arrangements are popular with employees due to the low cost and access to low and zero-emission vehicles. However, as the needs of employees have changed, so have employers’ strategies behind their car schemes.

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Kingfisher provides benefits security through bulk annuity purchase

Employee Benefits

Credit: ClimbWhenReady / Shutterstock In the UK, home improvement firm Kingfisher’s pension provision comprises a closed final salary section, with 28,000 deferred and pensioner members, and an open money purchase section, with 70,000 active and deferred members.

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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

billion women worldwide by 2030. A question that often comes up is whether employers need to support women’s health and what role they should play. A question that often comes up is whether employers need to support women’s health and what role they should play. Shared parental leave is also a must.

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Professor Peter Wells: There’s never been a better time for employers to go electric

Employee Benefits

There has never been a better time for employers to encourage electric car ownership, or for employees to appreciate the benefits. Employers can also access workplace charge-point assistance, for up to 40 sockets. On total cost of ownership, electric cars already make a compelling case for most drivers most of the time.

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Blockchain’s role in the future of HR

LACE Partners

trillion by 2030. Blockchain could allow this data to be recorded and verified only once, but then could be provided directly to each employer with each new role. The data would travel with the employee rather than being held within each employer. . As a starter for ten, potential cases for blockchain within HR include: .

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Two-thirds of staff admit to working on their ‘side hustle’ on employer’s time

cipHR

One in four UK adults have a side hustle , with researchers at Henley Business School predicting that this proportion will double by 2030. One fifth (20%) admitted to spending more than two hours of their salaried working day on their side hustles. . .

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