Money Talk

JANUARY 4, 2024

Life Insurance - This is money transferred to a beneficiary via a deceased person’s life insurance policy. Like inheritances, life insurance is generally not subject to income tax. Inheritances are not considered taxable income by the federal government but earnings on inherited assets (e.g.,

Life Insurance 175

Life Insurance Pension Benefit Retail Taxes 175

Employee Benefits

JANUARY 25, 2023

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Group income protection employer-paid for all employees, subject to acceptance by the insurer. Age limits are 16 to state pension age. Life insurance for all employees with a death-in-service benefit of four-times salary.

Pension 105

Pension Bonuses Voluntary Benefits Retail 105

Employee Benefits

FEBRUARY 15, 2024

Employee benefits that will be accessible through the framework include an online benefits platform, a bikes-for-work scheme, a green car scheme, a home technology and smartphone scheme, a childcare voucher scheme, pensions savings, pet and eldercare insurances, and a retail and leisure discount scheme.

Government 59

Government Employee Benefits Life Insurance Pension 59

Employee Benefits

OCTOBER 12, 2023

The scheme allows staff to apply for a flexi-voucher which can be used to buy a bike or cycling equipment from different retailers over the course of a year, without having to purchase everything at once.

Gross Pay 52

Gross Pay Retail Life Insurance Pension 52

Workplace Insight

JULY 3, 2023

One in six (17 percent) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14 percent) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

Food 52

Food Life Insurance Insurance Pension 52

Empuls

SEPTEMBER 28, 2023

The mandatory employee benefits in the UK include the following aspects: Pension: Contributed both by the employer and the employee (minimum 8 percent with atleast 3 percent by the employer) Healthcare insurance: Backed by NHS and is contributed by the employer. Pensions are a compulsory benefit provided by employers in the UK.

Employee Benefits 40

Employee Benefits Pension Mandatory Benefits Benefits Package 40

cipHR

JUNE 29, 2023

One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

Food 52

Food Payroll Bonuses Insurance 52