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How flexible working hours, competitive pension benefits, and mental wellbeing support can engage the Gen Z workforce

Employee Benefits

In our newest report, ‘Zooming in on Gen Z’, we compiled our findings from ‘ The Benefits Factor ’ to discover what Gen Z expects from employers. Here, we’re sharing the five benefits your organisation must provide to become a Gen Z magnet. However, this doesn’t mean that Gen Z craves solely remote work.

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Adrian Cooper: Where next for financial wellness?

Employee Benefits

Then, when they’re ready, they want to understand how to turn their pension savings into an income for life. Many employers realise how important it is to prepare employees for life after work. And when they come to retire, it would help them understand the options they have to convert their pension and other savings into income.

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Bank of England gives employees 4% pay rise

Employee Benefits

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.

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Audrey Williams: How can EU equal pay regulation benefit UK workers?

Employee Benefits

The government has confirmed that it will ensure European Union (EU) derived protection under equal pay laws will remain in place for employees and workers. Audrey Williams is an employment partner at Keystone Law The post Audrey Williams: How can EU equal pay regulation benefit UK workers? appeared first on Employee Benefits.

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PBGC (Slightly) Opens Door to Exceptions From Special Withdrawal Liability Rules for SFA Multiemployer Pension Plans

Proskauer's Employee Benefits & Executive Compensa

As previously discussed , the Pension Benefit Guaranty Corporation (the “PBGC”) issued final regulations in July 2022 for plans that receive special financial assistance (“SFA”) under the American Rescue Plan Act of 2021 (“ARPA”). Although the regulations were “final,” the PBGC invited comments on the phase-in rule in particular.

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HIVE360’s employee benefits and rewards app, Engage

Employee Benefits

As part of the solution, HIVE360 supports its clients in kickstarting their employee engagement strategies and activities, by empowering them to deliver essential communication, wellbeing support and lifestyle benefits to their most valuable asset – their people. It champions a new model of employment administration for the UK market.

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[Podcast]: Special Financial Assistance for Multi-employer Pension Plans (Part 2)

Proskauer's Employee Benefits & Executive Compensa

This episode of The Proskauer Benefits Brief is the second of our three-part series analyzing the Pension Benefit Guaranty Corporation (PBGC) guidance on the new special financial assistance program for troubled multiemployer pension plans that was created by the American Rescue Plan Act (ARPA). Listen to the podcast. .

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