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Top 5 reasons to check your payslip

cipHR

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. CIPHR asked payroll expert Jon Lee for some pointers. A full list is available at [link].). Variable payments.

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A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

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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How Suez Recycling and Recovery UK measures the value of its pension scheme

Employee Benefits

Many of the organisation’s employees are in final salary and local government schemes, but the majority, about 4,000, or 40% of the workforce, are in the organisation’s defined contribution (DC) scheme. The pension is accessed via an app , as are payslips and approval for overtime. That’s real value for money.”

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Employment Law Overview in Peru

Global People Strategist

Contractual Agreements: Employment contracts in Peru should be in writing and detail essential terms such as salary, working hours, and job responsibilities. Working Hours and Overtime: The standard workweek in Peru is 48 hours, typically spread across six days.

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UK Power Networks uses total reward statements to boost engagement with benefits

Employee Benefits

Employees are given the choice of which format they would prefer and more than 90% opt for a paper copy. The TRS outlines what employee benefits have been on offer for the past 12 months.

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Closing the Gender Retirement Gap: How Financial Wellness Can Help

Best Money Moves

Since women take on more part-time and unpaid work than men, overtime, this accumulates to women spending less time in the workforce than men. Pension plans often require a minimum salary or hours worked for pension payouts. Less money now means even less during retirement. .

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Confessions of a benefits manager: Candid helps with data audit

Employee Benefits

For some of our locations, the HR system is connected via payroll so naturally the salary and allowance data is correct; if not, people would soon shout that their pay is wrong. Insured benefits are not captured anywhere by employee, and do not even ask me about pensions. times the monthly salary. times the monthly salary.