Remove Benefit Providers Remove Pension Remove Salary
article thumbnail

Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Certified Compensation Professional (CCP®) The CCP® certification, also from WorldatWork, specializes in compensation but covers a critical aspect of employee benefits — pay structures, salary planning, and compensation strategy. It’s essential for professionals looking to combine benefits and compensation expertise.

401(k) 234
article thumbnail

Employee Benefits Providers: What Employers Need to Know

Empuls

This not only highlights the importance of employee benefits in fostering loyalty and satisfaction but also underscores the potential risks for companies that fail to prioritize this aspect of their compensation strategy. What are employee benefits providers? This reduces the administrative burden on HR departments.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Someone is said to have golden handcuffs whenever their job’s perks, such as high salaries or compensation plans, are too attractive to leave. His new job featured many benefits and a six-figure salary, but he knew a high-pressure work environment would be the trade-off. What are golden handcuffs?

article thumbnail

Understanding Service Rewards and Taxation Benefits in the US

Vantage Circle

Not eligible for favorable tax treatment if given alongside salary adjustments or as a substitute for cash bonuses. Non-Cash Awards : Non-cash awards, such as merchandise or gift certificates, are considered a taxable benefit for the employee and must be included in their income for the year.

article thumbnail

40% of UK staff would choose a job with lower salary but generous benefits

Employee Benefits

Two in five (40%) UK employees admitted they would choose a job with a lower salary but generous employee benefits , according to research from MetLife UK. Adrian Matthews, head of employee benefits at MetLife UK, said: “Benefits are becoming increasingly more important to employees, and rightly so.

Salary 72
article thumbnail

Newcastle Building Society rolls out flexible benefits platform

Employee Benefits

Credit: ML Robinson / Shutterstock.com Newcastle Building Society has rolled out a flexible benefits platform for its more than 1,000 employees in order to boost engagement with its benefits package. It also wanted to provide visibility of all benefits to its workforce and encourage them to review these on a regular basis.

Pension 104
article thumbnail

University of Salford targets communications at specific employee groups

Employee Benefits

It offers pre-retirement seminars focusing on a holistic approach to pensions , tax implications, the psychological impact of leaving work, wills and estate planning, that are primarily aimed at older workers but do get interest from younger staff as well. They pass this on through meetings with each department.

Pension 98