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Its flagrant profiteering and then cutting our members’ take-homepay is a disgrace.” Workers had been paying in 3% of their pay into pensions while Morrisons put in 5% until March 2024, but Morrisons has moved to a policy of employees and employer paying 4% this financial year.
Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer. Employees can contribute as much as they wish as long as it does not take their take-homepay below the minimum wage. or saved for up to 12 months.
Meanwhile, the cost-of-living crisis resulted in many employees preferring to stay in a work-from-home arrangement to save on the costs of commuting to and from work. Today’s benefits, therefore, need to look at the whole employee experience and day-to-day lives, says Nebel Crowhurst, chief people officer at Reward Gateway.
Credit: bennphoto / Shutterstock.com Retailer Currys is increasing pay for its approximately 10,000 hourly-paid employees as part of an investment into their pay. per hour, while its top-performing employees can earn on £13.95 The retailer has additionally increased minimum pay rates , which will rise to £11.50
Meanwhile, the cost-of-living crisis resulted in many employees preferring to stay in a work-from-home scenario to save on the costs of commuting to and from work. Today’s benefits need to look at the whole employee experience and day-to-day lives, notes Nebel Crowhurst, chief people officer at Reward Gateway.
Traditionally, employeebenefits were limited to necessities like health insurance, retirement plans, and paid leave. With Empuls, you can: Deliver tax-free fringe benefits like fuel reimbursements, meal cards, LTA, and more—helping employees maximize their take-homepay.
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