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Currys increases salary for 10,000 staff and boosts minimum pay rates

Employee Benefits

The retailer has additionally increased minimum pay rates , which will rise to £11.50 Over the past three years, Currys has increased its minimum hourly pay by 29%. This increase in take-home pay will mean that the annual earnings of an employee who works 20 hours a week will have risen by nearly £2,700 over the three-year period.

Salary 59
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Top 5 reasons to check your payslip

cipHR

Every payslip must show an employee’s total or gross pay, their net or take-home pay, any deductions or payments, and list any variable hours that have been worked. While a P60 can also be used for this, the figures will be the same as those on a March / month 12 payslip. Do I need to keep my payslips?

Pension 98
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Choosing the best workplace pension for your business

Employee Benefits

You can aid your employees and business in saving considerable amounts: If you neglect to periodically review your pension, your company might be losing money that could be allocated towards pay raises or bonuses. Net Pay contributions from your employees is deducted before tax. What is a workplace pension?

Pension 96
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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Since we had contributed pre-tax to our HSA before birth our take home pay was lower. If you’re one to lean into the risky side of life, you can invest your HSA dollars. This way when you’re ready to have a child, you come out with even more savings. As a bonus, all of your gains will come out pre-tax!

Taxes 72
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HR How-to: Discuss Salary During An Interview

Abel HR

Sure, the dollar figure is important, but some folks really value the extras and can assign dollar values to these perks, especially their health insurance contributions and other deductibles to get a clearer picture of what their take home pay will be and how it might stack up against their current compensation or other offers they may be weighing.

Salary 52
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Only 57% of employees always check their payslips

cipHR

Every payslip must show an employee’s total or gross pay, their net or take-home pay, any deductions or payments, and list any variable hours that have been worked. And, if they don’t fully understand exactly what they are looking for, then they should speak to their line manager in the first instance.

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Get employee engagement right to improve retention

Business Management Daily

Let employees work from home wherever possible. Raises, bonuses, and cost of living adjustments aren’t just good business sense—they help employees feel valued at work. If your employees have to cover their own healthcare, that cuts into their take-home pay, leaving the door open for other job opportunities.