Remove Employment Remove Entertainment Remove Take Home Pay
article thumbnail

Savings Soundbites for ASW 2022

Money Talk

As people began to spend more on travel, entertainment, and other discretionary expenses, savings rates were back in single digits. For example, compared to paying off the balance on a credit card with an 18% APR (interest), where else could you get a guaranteed, risk-free, 18% return? Ideally, try to do all three things.

article thumbnail

5 Reasons your workplace pension plan may be undermining your business (and why you should review it)

Employee Benefits

By asking employees to lower their gross income (for example, by the percentage they contribute to their pension), and committing to contribute the difference directly into their pension, employees can actually increase their take-home pay. This happens because lower earnings mean less NI to pay.

Pension 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Only 57% of employees always check their payslips

cipHR

Followed by individuals working in the arts, entertainment, or recreation (33%), legal services (32%), IT, software and telecoms (31%), wholesale (30%), government and public administration (27%), and construction (25%). Results vary considerably when examined by industry or profession.

article thumbnail

5 ways to prepare for a recession

Best Money Moves

Next, list your monthly expenses, including your rent or mortgage payments, utilities, groceries, pharmaceutical or medical needs, child care costs, home or auto maintenance, debt payments and insurance premiums, and anything else you regularly pay for, including expenses you might only pay annually.