HR Digest
AUGUST 30, 2024
Local 555 also stated that the employer was also offering a poor plan for compensating new hires and had no intention of sufficiently improving the pension plans as the union members had hoped. The post laying out the details of the discussion showed no restraint in expressing their feelings on the matter.
Employee Benefits
FEBRUARY 2, 2022
Higher pay rises for men than women could result in a gender pensions gap of £142,603, according to new findings. Research commissioned by investment solutions firm Fidelity International revealed that men typically receive £733 more than women when their salary is increased.
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Money Talk
MARCH 15, 2023
Examples include surrender charges, sales commissions (loads), management fees, and mortality charges. They are often bought with money from settlements, investment accounts, and pension plan lump sum distributions. Annuity salespeople sometimes convince people there are no fees but, of course, there are.
The Workcomp Writer
JUNE 3, 2022
Quoting Larson’s Workers’ Compensation Law , an Ohio appellate court affirmed a decision by the state’s Industrial Commission that had refused to consider various fringe benefits in the form of health and welfare benefits, as well as the employer’s contribution to several pension funds as “wages” or “earnings” under Ohio Rev.
Money Talk
FEBRUARY 1, 2024
Backstops Can Mitigate Risk-Taking - Some investors feel that they can take on more investment risk when they have a guaranteed source of income (think tenured educators or retirees with a pension and/or annuities).
Employee Benefits
AUGUST 16, 2023
from £23,680 to £30,000, provides the option of a company car , and abolishes the long-standing commission scheme for the 139 visiting officers within the field operation. after the commission scheme has been consolidated. The deal, which applies to the firm’s 165 field staff, increases starting salaries on average by 9.5%
cipHR
NOVEMBER 15, 2021
For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L. While the onus is on employers to pay their employees correctly, there is some responsibility on the employee to make sure that any variable payments, such as overtime or commission, are paid.
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