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Aster Group ensures its benefits align with employees’ needs

Employee Benefits

It provides access to a healthcare cash plan , an employee assistance programme and life insurance for up to three people. Additional voluntary benefits include private medical insurance, payroll giving, bikes-for-work, critical illness cover, a cash plan upgrade options and the choice of two pension schemes.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Health insurance Those benefits provide a baseline of employee expectations. Besides these core benefits, there are many perks and fringe benefits a company can offer to round out the benefits package. Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4.

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Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

The UK government has divided the various employee benefits into two categories: mandatory benefits and non-mandatory benefits. Pensions are a compulsory benefit provided by employers in the UK. Types of employee benefits in the UK Here are some of the best employee benefits in the UK.

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The benefits offered by Wave

Employee Benefits

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.

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Are we moving away from paternalism in employee benefits?

Employee Benefits

Credit: tomertu/Shutterstock Need to know: Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic. Flexible benefits , voluntary benefits, and allowances or pots offer the potential for greater personalisation. Developments in this space may chip away at these rules.