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BT boosts employees’ pension knowledge with financial education programme

Employee Benefits

The programme, which is provided in partnership with Wealth at Work, aims to help employees who need help understanding their options and how to implement their plan; including retirement goals and considerations, accessing retirement savings, understanding the risks, tax planning, and how to seek further guidance and regulated financial advice.

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Top tips for boosting employees’ pensions knowledge 

Employee Benefits

For example, instead of using the words ‘pensions’ and ‘retirement’ which can have negative connotations, employers could use ‘long-term savings’, says  Emma Hadley, head of pensions, employee benefits division at Howden Employee Benefits and Wellbeing.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. While training contributes to employee growth and productivity, it also represents a significant cost for employers.

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What is a PEO?

Insperity

The PEO becomes your one-stop shop for: Employee benefits. Typically, with PEO-sponsored benefit plans, your employees will have access to a wider variety of benefits than your company could obtain on its own. A PEO’s training services may also include live or virtual training seminars.

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Thatcham Research introduces financial wellbeing scheme

Employee Benefits

Employees can also participate in bespoke financial wellbeing workshops, featuring guides, webinars and in-person seminars on topics such as pensions and protection, budgeting , saving and investing. The post Thatcham Research introduces financial wellbeing scheme appeared first on Employee Benefits.

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‘Selling’ employee benefits: 5 ways to repackage perks & increase participation

Business Management Daily

It can be frustrating when employees don’t rush to take part in optional benefits like elder care services, financial-planning seminars or even the EAP program. But don’t take it personally; just one in four employees participate in discretionary benefits, according to industry estimates.

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How to help staff trace and consolidate small pension pots

Employee Benefits

“The service contacts HMRC and the Department for Work and Pensions, as well as pension providers, trustees and previous employers, to help employees to track down any potential pensions savings.” For the vast majority of employees, education is all that is needed.”

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