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Is your employee benefits provider meeting Consumer Duty standards?

Employee Benefits

It’s for this reason that, over the past year, we have proactively established our own Consumer Duty governance, with champions at every level of the organisation. The post Is your employee benefits provider meeting Consumer Duty standards? appeared first on Employee Benefits.

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Exclusive: Welsh government rolls out new employee benefits framework

Employee Benefits

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. As part of the framework agreement and in alignment with Welsh government policy, provision for Welsh Language Standards will be made.

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What is Leave Encashment? Calculation, Taxation, and Rules

HR Lineup

Leave encashment is a significant aspect of employment benefits, providing employees with the option to convert their unused leave days into monetary compensation. Employees often accrue leave days as part of their employment benefits , including annual leave, sick leave, and other types of leave granted by the employer.

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Commuter Benefits: Everything You Need to Know

HR Lineup

Program Setup: Employers need to set up a commuter benefits program, which may involve working with a benefits provider or using an in-house system. Communication and Education: Employers must inform employees about the available commuter benefits, how they work, and the enrollment process. For Employers 1.

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Impact.com launches global parental leave policy

Employee Benefits

The initiative enables eligible staff at the organisation to take up to 26 weeks of fully paid parental leave, with payments set to be integrated with any government-provided wage replacement benefits under applicable law.

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Unhappy staff take nine more sickness days on average per year

Employee Benefits

Commissioned by employee benefits provider Unum UK, the survey of more than 4,000 UK employees revealed that this is costing the economy £11 billion per year through lost productivity, and that the average unhappy, unproductive worker loses nine hours of productive time per week.

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How Many Win Disability at Reconsideration?

Attorney Charlie Hall

Over 64 million Americans collected Social Security benefits in 2020. Social Security benefits keep up with the increase in the cost of living. These benefits provide a valuable source of income and health insurance to those workers who have become disabled. SOCIAL SECURITY ADMINISTRATION (SSA).

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