Employee Benefits

JANUARY 19, 2023

Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances will be affected and what actions they can take.

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Finance Parental Leave Pension Salary 105

Employee Benefits

FEBRUARY 16, 2022

Women need to be aware of the impact of career breaks and part-time working on their pensions, and how they may be able to mitigate the impact. Here are some practical tips for employers on how they can reduce the gender pensions gap. Find the root causes of the gap. Address contribution levels.

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Employee Benefits

FEBRUARY 16, 2022

The fact that both personal and workplace private pensions are closely aligned to paid work means that employers play an important role in determining post-retirement financial wellbeing. So what can employers do to close the gender pensions gap? This would be contractual, rather than statutory, automatic enrolment.

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Employee Benefits

SEPTEMBER 6, 2023

For employers, determining the contributions to a workplace pension scheme depends on the pensionable earnings of their employees. This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. Employee contribution (inc.

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Employee Benefits

JUNE 28, 2023

Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. Employee contribution 5% and employer contribution 3%. Personal trainer and Yoga sessions, every week in worktime, employer paid. Life insurance. Free eye test voucher.

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Best Money Moves

MARCH 28, 2022

Here’s what employers can do to close the gender retirement gap. . How to fix the gender retirement gap: Employers can help bridge the gender retirement gap; however, doing so requires dedication to employee financial wellness and equity. . With little federal guidance, employees must depend on their employers’ leave policy.

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cipHR

NOVEMBER 15, 2021

For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L. While the onus is on employers to pay their employees correctly, there is some responsibility on the employee to make sure that any variable payments, such as overtime or commission, are paid.

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Workplace Insight

MARCH 15, 2023

In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Lysan Drabon, Managing Director Europe, Project Management Institute: “Talking about breaking down barriers to employment is not enough.

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Employee Benefits

JUNE 20, 2023

Becoming a living wage accredited employer is a further demonstration of that same commitment to fairness.” The post St Petrocs accredited as living wage employer appeared first on Employee Benefits.

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Employee Benefits

JANUARY 4, 2022

Need to know: The ‘Great Resignation’ is underway, forcing employers to work even harder to attract and retain staff. Research published by benefits provider Unum in December 2021, meanwhile, found 40% of staff who quit their job say a better employee benefits package would attract them to a new employer. Freedom to choose.

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Global People Strategist

FEBRUARY 16, 2022

Innovation, equality, and sustainable business practices are just a few reasons why Sweden has become one of the most appealing countries for employment all over the world. Employment Benefits in Sweden. 1) Leave Policies. a) Annual Leave. b) Parental Leave. Employer’s Contributions.

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Best Money Moves

MARCH 11, 2024

In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits. The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit.

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Employee Benefits

JULY 5, 2024

The top 10 most read articles between 28 June – 4 July 2024 on employeebenefits.co.uk The top 10 most read articles between 28 June – 4 July 2024 on employeebenefits.co.uk

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Employee Benefits

NOVEMBER 17, 2023

The top 10 most-read articles on employeebenefits.co.uk year-on-year The post The top 10 most-read articles between 10 – 16 November 2023 appeared first on Employee Benefits.

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Employee Benefits

JULY 23, 2024

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. Healthcare and wellbeing Private medical insurance (PMI) scheme for senior employees, employer paid. Health cash plan, employer paid. Neonatal care leave and pay.

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Empuls

AUGUST 27, 2024

Retirement plans Basically, it is the retirement plans—401(k) or pension plans—through which an employee receives financial security during service years other than while serving. Employer matching may make this more tantalizing, pushing the envelope of long-term feelings of financial well-being further for employees.

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Employee Benefits

MARCH 27, 2024

Credit: Jeff Spicer/PA Wire Pension A group personal pension (GPP) plan for all employees, with varying contribution levels across roles and business areas. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer paid for head office and field teams. Benefits for carers Enhanced parental leave policy.

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Employee Benefits

JULY 15, 2024

Employers should identify issues affecting existing and potential employees when creating their reward and benefits strategies. An organisation should regularly communicate its benefits to current and potential employees if it wants to promote itself as an employer of choice.

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Employee Benefits

JANUARY 26, 2022

The benefits offered by Together Housing Group: Pension. Local government pension schemes (LGPS) with varying employer contribution levels. Defined contribution (DC) salary sacrifice scheme with 3% or 5% employee contribution matched by 6% or10% employer contribution. Enhanced maternity/shared parental leave pay.

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Employee Benefits

AUGUST 28, 2024

Years of reforms mean public sector employees often perceive their pensions as offering poor value: creative communications could help to change this misconception. Charles Cotton, senior reward adviser at the Chartered Institute of Personnel and Development (CIPD), says: “This prevents employers from offering certain salary levels and perks.

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Employee Benefits

SEPTEMBER 20, 2024

The top 10 most read articles between 13 – 19 September 2024 on employeebenefits.co.uk The top 10 most read articles between 13 – 19 September 2024 on employeebenefits.co.uk

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Employee Benefits

DECEMBER 14, 2023

Benefits offered by Gripple: Pension and group risk All employees are enrolled into a non-contributory pension, with 15% employer contribution. Group income protection , employer funded for all employees. Critical illness insurance, employer funded for all employees. 100% sick pay from day one. Yoga classes.

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Employee Benefits

APRIL 30, 2024

Strike action is taking place as members claimed new rosters that the employer wants to introduce would see around 250 of them forced out of their passport control jobs. The workers, who are members of the Public and Commercial Services (PCS) union, work in terminals two, three, four and five.

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Employee Benefits

SEPTEMBER 27, 2023

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. Employer funded, but employees can opt for a higher level of cover at personal cost. Shared parental leave policies.

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Employee Benefits

SEPTEMBER 13, 2024

The rejected offer included a new floating holiday, reduced mandatory overtime, 12 weeks of paid parental leave , lower cost share for improved healthcare, a free primary care benefit, two 401(k) pension plans and more automatic employer contributions, and an 11% pay rise from day one.

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Employee Benefits

OCTOBER 19, 2023

Craig Thomas, executive director at Cummins Engine Company, said: “Educating ourselves and others about the impact of menopause on women’s health and wellbeing is a crucial step for employers to ensure women are fully supported and empowered in the workplace.

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Employee Benefits

AUGUST 28, 2024

Alongside a defined benefit pension scheme, generous annual and parental leave, and a health and wellbeing service provided by Perkbox Vivup, it offers a comprehensive voluntary benefits package. To deliver this service it employs around 10,000 people, working in roles from administration and cleaning to nursing.

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Employee Benefits

AUGUST 8, 2023

Employers often provide additional perks on top of wages to motivate their staff. These include: Holiday pay Statutory sick pay Auto enrolment pension Paid leave for maternity, paternity, and adoption Let’s dive deeper into these requirements. Including public or bank holidays in this count is at the discretion of the employer.

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Employee Benefits

SEPTEMBER 21, 2023

In order to achieve accreditation, employers are assessed by an independent panel and must demonstrate evidence of their effectiveness in culture, policies and practices, training, engagement, facilities and evaluation. UK building, infrastructure, engineering and fit-out firm Tilbury Douglas has received menopause-friendly accreditation.

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Employee Benefits

SEPTEMBER 21, 2023

These include an emergency savings programme and a financial assistance pilot, which are available from day one of employment. As well as looking to hire 250,000 people in full-time, part-time, and seasonal fulfillment center and transportation roles across the US, Amazon has also continued to invest in its employee benefits this year.

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Employee Benefits

JANUARY 12, 2024

An EY spokesperson said: “EY’s UK financial services consulting business is operating an Employee TimeOut initiative, offering its people four to 12 weeks of unpaid leave over the summer months.”

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Employee Benefits

JULY 18, 2023

Workers employed by Royal College of Paediatrics and Child Health (RCPCH) have accepted improved pay , holidays, and parental leave after taking part in seven days of strike action earlier this year. pay increase. They took matters into their own hands when they were being treated unfairly and they won.”

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Workplace Insight

SEPTEMBER 24, 2023

Reform the failing Apprenticeship Levy into a flexible skills levy to boost employer investment in technical skills and free up more funding to invest in apprenticeships for young people. Require employers to include basic pay and pension information in job adverts to improve reward transparency and help reduce pay and pension gaps.

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cipHR

MAY 4, 2022

For over two-thirds (67%) of the 1,001 people polled, sick pay is the employee benefit that they value most, followed by flexible working hours (57%) and pension contribution matching (46%) – where employers offer to match employees’ pension payments on top of the minimum auto-enrolment requirements. Paid sick leave (67%).

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Global People Strategist

DECEMBER 28, 2020

Flexible work arrangements, part-time work, job sharing, and home-based work are all common conditions that may be mutually decided by the employer and employee. According to the National Superannuation Scheme, older adults may receive a pension at the age of 65. In New Zealand, social security contributions must be given by employers.

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Business Management Daily

APRIL 29, 2024

Fringe benefits are how employers make up the gap. In this blog, we’ll talk about different types of fringe benefits and how employers can make the most of what’s available. Unfortunately, having insurance coverage tied to employment puts employers in a difficult position. People want more.

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Employee Benefits

JULY 19, 2023

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. Occupational health, employer paid. Group life assurance, employer paid.

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