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Standard Chartered Bank and supermarket chain Lidl GB have been shortlisted for Best voluntarybenefits at the EmployeeBenefits Awards 2024. The schemes helped employees learn how to manage their money better and some to save thousands of pounds through the Isa by utilising employer contributions.
A strong employeebenefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employeebenefits have become an essential part of any competitive compensation package. What do you want to achieve with the employeebenefit package 2. Payroll taxes 2.
Benefits offered by Precis Digital: Pension A group personal pension (GPP) scheme for all employees, with up to 8% matching contributions from the employer. Employee assistance programme (EAP). Employees can only receive one bonus per quarter. Voluntarybenefits Access to a discounts platform.
It provides access to a healthcare cash plan , an employee assistance programme and life insurance for up to three people. Additional voluntarybenefits include private medical insurance, payroll giving, bikes-for-work, critical illness cover, a cash plan upgrade options and the choice of two pension schemes.
EXCLUSIVE: A public sector organisation that has implemented a successful benefits package has the chance to enter a dedicated award category at the EmployeeBenefits Awards 2023. The post EXCLUSIVE: Public sector category open at EmployeeBenefits Awards 2023 appeared first on EmployeeBenefits.
The top 10 most read articles between 17 – 23 May 2024 on employeebenefits.co.uk The top 10 most read articles between 17 – 23 May 2024 on employeebenefits.co.uk
Understanding the value A TRS typically offers a breakdown of the monetary value of an employee’s entire employment package. Most employees will understand their basic benefits and contributions, but can sometimes be unaware of the complete package. appeared first on EmployeeBenefits.
pay rise The post The top 10 most read articles between 7 – 13 June 2024 appeared first on EmployeeBenefits. pay rise The post The top 10 most read articles between 7 – 13 June 2024 appeared first on EmployeeBenefits. The top 10 most read articles between 7 – 13 June 2024 on employeebenefits.co.uk
Alongside a defined benefitpension scheme, generous annual and parental leave, and a health and wellbeing service provided by Perkbox Vivup, it offers a comprehensive voluntarybenefits package. Communication is key when it comes to the employeebenefits proposition.
The benefits on offer at Vagabond Wines: Pension A master trust pensions scheme with Cushon. Employer contribution is 3%, employees can contribute as much as they like. Group risk Critical illness insurance, employer paid, for all employees. All site staff get paid Tronc equally, divided by hours worked per shift.
The benefits on offer at Egress: Pensions Defined contribution pension scheme, with 5% employee contributions and 4% employer contributions. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer paid for all employees following probation. Other benefitsVoluntarybenefits discount hub.
The benefits offered by Northwood Hygiene Products include: Pension Two group personal pension (GPP) schemes, with employee contribution rates of either 4% or 5%, and employer contribution of 5% or 4%. Healthcare and wellbeing Private medical insurance (PMI) for certain employee groups, employer paid.
The benefits offered by Nominet: Pensions A group personal pension (GPP) scheme for all employees. Healthcare and wellbeing Private medical insurance (PMI) for all employees, employer funded. Employees can add dependents at personal cost. Health cash plan for all employees. Health screening.
The platform, which is provided by Bippit, gives Avison Young’s employees access to professional coaches with Financial Conduct Authority (FCA)-recognised qualifications for one-to-one financial coaching , targeted learning resources, and monthly webinars and interactive workshops on subjects such as pensions, protection and budgeting.
Employeebenefits in the UK aren't just a nice-to-have; they're a strategic tool in the modern business arsenal. Employeebenefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction.
The benefits on offer at Emcor UK: Pension Contract-based group personal pension (GPP) plan, the Group Flexible Retirement Plan. Healthcare and wellbeing Employee assistance programme for all employees, employer paid. Health Assessment or screening, available through flexible benefit scheme.
Increasing value Data on take-up rates can show exactly what employees like, and do not like, enabling an employer to finetune its benefits offering. Debra Clark, head of wellbeing at Towergate Health and Protection, points to data on voluntarybenefits as an example. “If appeared first on EmployeeBenefits.
Financial wellbeing support is integral to employers being able to meet their high-level HR objectives, according to research by The Reward & EmployeeBenefits Association (REBA) in association with WEALTH at work. Organisations are also funding a range of employeebenefits to help employees’ money to stretch further.
The temporary nature of their employment means that this group tends to prefer benefits they can use, such as health and wellbeing support and employee assistance programmes (EAP), rather than longer-term propositions like pensions, bikes-for-work schemes or private medical insurance. appeared first on EmployeeBenefits.
Credit: tomertu/Shutterstock Need to know: Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic. Flexible benefits , voluntarybenefits, and allowances or pots offer the potential for greater personalisation. Different groups want different things,” he says.
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.
This piece sheds light on the indispensable employeebenefits in accordance with UK regulations. Which employeebenefits are required by law? Yet, some benefits are mandated by UK law. Auto enrolment pension Businesses in the UK must offer an auto enrolment pension. Book a demo today to find out more.
The benefits on offer at Brewers include: Pension A group personal pension (GPP) plan for all employees, with a 4% employee and 5% employer contribution. If employees want to contribute 5% then Brewers will contribute 6%. Shopping and leisure discounts via voluntarybenefits scheme. Virtual GP.
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