Employee Benefit News

DECEMBER 12, 2022

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Employee Benefit News

OCTOBER 13, 2022

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Employee Benefits

NOVEMBER 15, 2023

With 50% of employers planning to increase spend on financial wellbeing in place of offering wage increases and cost-of-living payments, it’s never been more important to make employee benefits sustainable. The Rewards and Employee Benefits Association (REBA) has recently published their Financial Wellbeing Research for 2023.

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Achievers

MAY 14, 2019

During the lean periods when finances are stretched too tight, and you need a quick solution, employee benefits are often first on the chopping block. Evaluate your employee benefits. In this case, your employees may be disappointed, but chances are, this won’t be a huge hit for morale or company culture.

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Employee Benefits

MAY 29, 2023

Employee benefits are an important aspect of any job, but can be overlooked when thinking about changing roles. Depending on those on offer, benefits can be just as valuable as a pay rise , and in some cases, even more valuable. It is quite natural for us to focus on salary. appeared first on Employee Benefits.

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Sodexo Engage

JANUARY 3, 2025

Pluxee Employee Benefits Platform mariana.nunes Fri, 01/03/2025 - 18:02 Discover a wide range of employee benefits. Employee Discounts Platform : Instant discounts (up to 20%) on essentials, treats, holidays, and more. Online GP - 24/7 healthcare at your employees fingertips anytime, anywhere!

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Employee Benefit News

OCTOBER 11, 2022

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Sodexo Engage

JANUARY 3, 2025

Employee benefits LP - Cloned mariana.nunes Fri, 01/03/2025 - 18:02 Discover a wide range of employee benefits. Employee Discounts Platform : Instant discounts (up to 20%) on essentials, treats, holidays, and more. Online GP - 24/7 healthcare at your employees fingertips anytime, anywhere!

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HR Lineup

SEPTEMBER 28, 2024

Core Functions of HRIS: Employee Data Management: Manages employee profiles, including personal information, job titles, and contact details. Payroll and Compensation Management: Automates payroll processing , salary adjustments, and tax calculations. Time and Attendance: Records work hours, leave balances, and overtime.

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Sodexo Engage

OCTOBER 22, 2024

NEW LP - Employee benefits and rewards. Cloned mariana.nunes Tue, 10/22/2024 - 17:21 Employee benefits and rewards Make an impact. Boost Productivity, Engagement and Retention with a wide range of employee benefits. Online GP - 24/7 healthcare at your employees’ fingertips anytime, anywhere!

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Employee Benefits

OCTOBER 17, 2023

Credit: Just Jus / Shutterstock.com Xtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme.

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Employee Benefits

SEPTEMBER 10, 2024

What is salary sacrifice, and how can it help save money for both employers and employees? Terms like salary sacrifice, salary deduction, NET, and Gross can often confuse HR professionals and employees.

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Employee Benefits

MAY 24, 2024

Lego is to tie a portion of its salaried employees’ bonus payments to annual emissions from this year. That’s why, from this year, a percentage of our performance management programme for salaried employee bonuses will be tied to annual emissions.

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HR Digest

OCTOBER 5, 2024

If employers want to continue hiring talented candidates, they’ll have to meet these candidates halfway and take some of the responsibility for upskilling and reskilling employees as well as supporting them in taking care of their health. Planning out employee benefits is key here.

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Employee Benefit News

JULY 5, 2023

Employers need to practice how they discuss total compensation in order to get a relationship with a new hire off on the right foot.

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Employee Benefits

JULY 15, 2024

Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Salary budget planning report was compiled by its Rewards Data Intelligence practice.

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Employee Benefits

SEPTEMBER 9, 2024

Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its Tusker EV driver survey 2024.

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Employee Benefits

MAY 15, 2023

We ask Jonathan Watts-Lay, Director, WEALTH at work, what he thinks are the main benefits of salary sacrifice schemes. Jonathan Watts-Lay, Director, WEALTH at work, comments, “One way to save money is by paying for things through your company payroll using your pre-tax salary, so you pay less income tax and National Insurance.

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Employee Benefits

OCTOBER 3, 2023

Credit: MOZCO Mateusz Szymanski / Shutterstock.com Banking organisation Standard Chartered has introduced an electric and plug-in hybrid vehicle salary sacrifice scheme for all of its UK-based employees. The post Standard Chartered launches electric and hybrid vehicle salary sacrifice scheme appeared first on Employee Benefits.

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Employee Benefits

APRIL 17, 2023

Supermarket chain Tesco supports the financial wellbeing of its workforce through a salary advance scheme in addition to regular pay rises and an extensive benefits proposition. We have an ongoing commitment to offer the best possible benefits and support, especially in recent times with household budgets under pressure.”

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Business Management Daily

AUGUST 12, 2024

Top talent with more specialized skills and training will expect more from their employers, such as higher salaries, more perks, and flexibility around remote work. If you offer excellent benefits and an incredible culture, employees will be less motivated to seek out opportunities elsewhere or seriously consider offers from competitors.

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Employee Benefits

APRIL 17, 2023

It is important that salary advance schemes are explained properly so that staff fully understand how these operate and the costs involved. Many scheme providers will include financial education and guidance on how best to benefit from the scheme. The employer can set rules that limit withdrawal values employees can make.

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HR Digest

MAY 25, 2023

The deeply embedded generational norms and cultural taboo of sharing salaries are being eroded as a new wave of pay transparency rules inundated America’s workplace problems. At the beginning of 2023, Washington, New York, and California joined Colorado’s leaders in preparing for salary transparency for most open jobs.

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Employee Benefit News

OCTOBER 7, 2024

Beyond salary, the kind of support available at work is often a major driver when it comes to attracting and retaining talent.

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WEX Inc.

JULY 30, 2024

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. That’s because benefits are critical for attracting and retaining talent. Salary and benefits. Two big reasons?

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Employee Benefits

JANUARY 19, 2024

One-third (33%) of UK employers are planning on increasing salaries and bonuses at the start of this year, according to research by job website Totaljobs. While more than half (58%) were confident they will recruit the people they need this quarter, 30% admitted meeting salary expectations will be a challenge.

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Employee Benefit News

JANUARY 9, 2025

WTW surveyed over 2,000 companies about their salary budgets for 2025.

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Employee Benefits

DECEMBER 7, 2023

Nearly half (46%) of employees said that working for an ethical employer is more important to them than a higher salary , according to new research by PR agency Unhooked Communications. Businesses might struggle to compete on salaries, so it’s reassuring to see that employees also value non-financial qualities in their employer.

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Employee Benefits

APRIL 25, 2024

Sustainability is at the heart of all we do at Pluxee UK, and we’re constantly striving to innovate our products to provide eco-friendly employee benefits. Read on to discover how sustainable, cost-effective and eco-friendly employee benefits can help your business thrive. That’s a £750.04

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Employee Benefits

JULY 11, 2023

Employee retention poses a complex challenge that goes beyond merely offering a competitive salary. The prominence of employee perks is on the rise, and as such, workers’ expectations are also climbing. The remaining amount is covered by employees from their post-tax salary.

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Employee Benefits

MARCH 10, 2023

Retention rates are at a low, with 65% of employees thinking that they can find a better position elsewhere. A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company.

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Vantage Circle

JUNE 9, 2023

To bring in the best talent, you need to be offering the most competitive salaries, and that is what is going to change the end game. What is Salary Benchmarking? What is Salary Benchmarking? Salary benchmarking involves matching or exceeding the ‘benchmark’ salary levels across your industry.

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Wellable

AUGUST 30, 2023

22% of US companies plan to cut salary raise budgets next year. How can organizations meet employee expectations while maintaining financial stability? The post Payscale Study: 22% Of Companies Are Limiting Salary Increases appeared first on Wellable.

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Employee Benefits

MARCH 22, 2024

It looked at job titles most frequently advertised with a starting salary of more than £100,000, the average salary for the top 10 job titles according to Indeed, and the most popular men’s and women’s names in the UK to find the five most common names for each gender.

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HR Lineup

FEBRUARY 1, 2024

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

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HR Digest

DECEMBER 2, 2023

With numbers as big as these and burnout at an all-time high, it becomes increasingly important to take employee retention strategies seriously and explore what they can do to connect with their employees. Compensation and Benefits Appropriate compensation for the work done is a key component of many employee retention strategies.

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HR Lineup

SEPTEMBER 23, 2021

One of the ways to achieve employee satisfaction is by designing an effective compensation plan that provides fair salaries and other pay programs like bonuses, commissions, equity, and more. Therefore, you must ensure that they are comfortable to have an increased retention rate and achieve organizational objectives.

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