Employee Benefits

FEBRUARY 15, 2024

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. Meanwhile, its health and wellbeing scheme includes health cash plans, life insurance, personal accident insurance, cancer cover, sick pay insurance, and medical and dentistry cover.

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Employee Benefits

JANUARY 25, 2023

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Those aged 22 and over are auto enrolled, but it is open to all employees. Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer.

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Employee Benefits

JANUARY 15, 2024

The global financial technology firm that provides merchants with card readers and payment solutions has more than 3,000 employees globally. Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff.

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Employee Benefits

OCTOBER 11, 2023

It provides access to a healthcare cash plan , an employee assistance programme and life insurance for up to three people. Additional voluntary benefits include private medical insurance, payroll giving, bikes-for-work, critical illness cover, a cash plan upgrade options and the choice of two pension schemes.

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Employee Benefits

MAY 20, 2024

Gus Vickery, director, advisory at Gartner HR practice, explains: “This gave benefits professionals a sharper lens on the areas where employees need help and support. Alongside this, the range of employee benefits has expanded significantly over the last few years. appeared first on Employee Benefits.

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InterWest Insurance Services

AUGUST 30, 2022

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. Among these must-have benefits: Prescription drug coverage. Dental insurance.

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Empuls

AUGUST 28, 2024

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.

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Winston Benefits

APRIL 10, 2018

Supporting employees with insurance products that protect their way of life can help attract and retain employees who have the hard-to-find manufacturing skills you need. Graco , for example, offers a variety of life insurance plans for employees and eligible dependents. Flexibility.

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Employee Benefits

FEBRUARY 23, 2022

The benefits offered by VMware: Pension and group risk benefits. Group personal pension plan available with salary sacrifice: 5% employee and 7% employer contribution or 7% employee and 10% employer contribution. Group life insurance as a core benefit at four-times base salary.

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Vantage Circle

JUNE 24, 2019

An employee benefits program is important and costly at the same time. But such programs are one of the important channels towards employee engagement in your organization. The benefits you offer will make or break your employee's decision to work for you. STEPS TO BUILD YOUR EMPLOYEE BENEFITS PROGRAM: 1.

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Employee Benefits

JUNE 9, 2023

Two-thirds (65%) find benefits important for financial wellbeing, up from 53% in 2022. In total, 90% of HR and reward professionals believe that benefits can directly impact employee wellbeing , while 85% think they can tackle issues related to ‘quiet quitting’ and 84% find they help align employee values with organisational purpose.

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Employee Benefits

OCTOBER 19, 2023

.” Cummins also offers its employees a pension scheme, medical, dental and life Insurance, a profit share scheme, healthcare benefits, parental leave, adoption assistance, flexible-working arrangements, a flexible spending account and an employee share purchase scheme.

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Benefit Resource Inc.

NOVEMBER 29, 2023

Take out a life insurance policy for added peace of mind. The importance of employee benefits should not be underestimated. There are any number of employee benefits you can take advantage of which either contribute to your financial security or provide you more time to enjoy the little things in life.

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Employee Benefits

JUNE 20, 2023

The post St Petrocs accredited as living wage employer appeared first on Employee Benefits.

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Empuls

DECEMBER 17, 2024

A robust employee benefits program has emerged as a critical factor in this endeavor. Employees increasingly seek more than just a paycheck; they desire comprehensive benefits that support their well-being, work-life balance, and personal development.   What is an employee benefits program?

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Employee Benefits

OCTOBER 12, 2023

Bikes-for-work schemes are tax-exempt arrangements, usually offered via a salary sacrifice scheme that will deducts payments from an employee’s gross pay. It also provides an employee assistance programme, enhanced maternity and paternity leave, employer away days and a work-from-home office equipment allowance.

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Empuls

SEPTEMBER 28, 2023

Employee benefits in the UK aren't just a nice-to-have; they're a strategic tool in the modern business arsenal. Employee benefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction.

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Workplace Insight

OCTOBER 29, 2024

Offering a comprehensive employee benefits package is more important than ever, and Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones. Why Offer It?

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Vantage Circle

MAY 18, 2023

Retirement schemes aim to facilitate the process of employees accumulating funds for their future years after they exit from active work. As a gesture of gratitude towards their diligent workforce, employers can offer various retirement plans such as 401(k) or pension-based schemes. Consider the Cost: This one is important.

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Employee Benefits

AUGUST 17, 2023

Other employee benefits on offer at Bouygues UK include 26 days of annual leave, increasing to 30 days depending on length of service, a pension scheme, life insurance, private medical insurance, volunteering opportunities and the chance to opt into lifestyle benefits through BY Extra.

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Employee Benefits

FEBRUARY 6, 2022

Reward and benefits can be used to demonstrate an organisation’s values, with examples including environmental, social and governance (ESG) default funds on pensions and electric car schemes. Covid-19 has underlined the importance of health, increasing demand for products such as life insurance and wellbeing.

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Employee Benefits

JUNE 14, 2023

During the pandemic, we increased our mental health support and we’re now focusing on financial wellbeing to help employees during the cost-of-living crisis.” The post Zuto prioritises financial and mental wellbeing with comprehensive benefits suite appeared first on Employee Benefits.

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Empuls

MAY 7, 2023

As an employer, you are responsible for keeping your employees happy, motivated, and engaged. One of the ways to achieve this is by implementing an effective employee benefits program. Employee benefits programs are an integral part of any organisation's compensation plan. What are employee benefits?

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Enjoy Benefits

MARCH 15, 2022

At Enjoy Benefits, we believe that offering a comprehensive range of employee benefits is a great way to make staff feel valued. In short, all the things that lead to a healthy and productive relationship between employer and employee. We can help deliver this connection via employee benefits.

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Workplace Insight

JULY 3, 2023

One in six (17 percent) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14 percent) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

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cipHR

JUNE 29, 2023

One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

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Business Management Daily

MARCH 21, 2022

Setting up a 401(k) for employees can be a daunting task for small business owners. It is one of the most highly regulated employee benefits. Small businesses can often feel like a family, as you may spend years or even decades growing your business with your loyal employees. However, it’s also one of the most important.

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Vantage Circle

SEPTEMBER 23, 2023

In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Why Are Employee Benefits Important?

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Employee Benefits

MAY 3, 2023

Being able to access reliable information on everything from divorce law and how a separation affects [their] pension to sourcing childcare can take some of the pressure off an employee.” This could also be complemented with an employee network, depending on the size of the organisation.

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Employee Benefits

JANUARY 12, 2024

More than a third (36%) of British employees will continue working past state pension age because they do not think their pension will cover their day-to-day expenses , according to research by Canada Life. million employees. Meanwhile, 34% have been swayed to take a job because of a competitive benefits package.

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Business Management Daily

APRIL 25, 2023

health insurance, FMLA, unemployment, etc.), the best employees seek something more comprehensive. The more benefits you can include in your package, the better. Also, remote workers have consistently listed internet assistance as a top-five benefit since they have to be online for work.

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Hppy

DECEMBER 2, 2020

Employment and Employee Benefits Law. This type of law refers to the compensation provided to employees by their employers, to supplement wages or salaries, such as health insurance, life insurance, paid vacation, and childcare benefits.

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Employee Benefits

OCTOBER 6, 2023

Merck offers its employees life insurance, health check-ups, medical insurance, a pension scheme, a platform for discount schemes, and health benefits that support physical and mental wellbeing. The post Merck launches fertility benefit programme appeared first on Employee Benefits.

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Vantage Circle

JANUARY 30, 2022

What exactly is a taxable benefit, and are they legally required? If you are a leader or HR professional, you know how important benefits are to the modern workforce. It's no secret that employee benefits are an excellent employee retention strategy. How To Determine If A Benefit Is Taxable? Paid vacation.

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McNees

JANUARY 19, 2021

The Consolidated Appropriations Act, 2021 (“Act”), signed by President Trump on December 27, 2020, contains several provisions affecting employee benefits. Excess Pension Asset Transfers. For information on other COVID related topics, sign up for the Employee COVID-19 Lawsuits webinar here.

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