Employee Benefits

MARCH 11, 2024

The Bank of England has given its more than 5,000 employees a 4% pay rise along with a 1% salary top-up deal for 2024/25 as part of its aim to retain staff in a competitive jobs market. The deal, which was intended to match inflation , was accepted by the trade union that represents the bank’s employees.

Banking 102

Banking Pension Benefit Pension Insurance 102

Money Talk

JANUARY 4, 2024

Unclaimed Money - This is money held by state governments from a variety of sources including bank accounts, utility deposits, pension benefits, and insurance policies. If they didn’t discover their tax error, they would not have it. It may or may not be taxable when reclaimed.

Life Insurance 176

Life Insurance Retail Pension Benefit Taxes 176

Best Money Moves

JUNE 10, 2024

What’s more, LGBTQ+ employees are more likely to report discrimination in industries like banking and healthcare. In order to support their employees, companies can offer retirement planning resources and benefits tailored to their specific needs.

Retirement Plan 52

Retirement Plan Healthcare Pension Benefit Education 52

Best Money Moves

JUNE 10, 2024

What’s more, LGBTQ+ employees are more likely to report discrimination in industries like banking and healthcare. In order to support their employees, companies can offer retirement planning resources and benefits tailored to their specific needs.

Retirement Plan 40

Retirement Plan Healthcare Pension Benefit Education 40

Business Management Daily

APRIL 1, 2021

In addition, employees who already used their leave received a new bank of time April 1, 2021. The award included back pay, lost pension benefits and payment for emotional distress. Employers will get tax credits for providing paid time off to get vaccinated and to deal with vaccination side-effects.

Family and Medical Leave Act 64

Family and Medical Leave Act Employment Paid Sick Leave Taxes 64

Money Talk

DECEMBER 19, 2024

A story was shared about a couple that had $6,000 in income and only $2,000 when the wife was widowed and lost all pension benefits and was left with only one Social Security check. Under the 1984 Retirement Equity Act, workers cannot waive survivor benefits without the written consent of their spouses. Fear mongering?

Pension Benefit 159

Pension Benefit Pension Banking Food 159