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SumUp ensures it offers an age-inclusive benefits package

Employee Benefits

Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff. Globally, it offers sabbaticals after three years at the firm, known as Break4Me.

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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Freedom to choose.

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Top 5 reasons to check your payslip

cipHR

Tax codes can, and do, change, particularly if there’s been a change of personal circumstances, such as people getting married, claiming taxable state benefits, or working from home. 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.

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Pitchup launches bikes-for-work scheme for staff

Employee Benefits

Pitchup also offers its employees benefits such as 25 days of holiday including bank holidays, a pension scheme, private healthcare, life insurance, critical illness cover, income protection, discounted gym memberships and sports equipment, and discounts at retailers, hotels and shops.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

Retirement schemes aim to facilitate the process of employees accumulating funds for their future years after they exit from active work. As a gesture of gratitude towards their diligent workforce, employers can offer various retirement plans such as 401(k) or pension-based schemes.

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How can employers ensure reward and benefits enhance the employee experience?

Employee Benefits

Organisations should consider more flexible options including part-time hours term-time work, career breaks and four day working weeks to support their talent management strategy. Covid-19 has underlined the importance of health, increasing demand for products such as life insurance and wellbeing. Benefit variety.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate.

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