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. Perhaps decisive policy action is needed to address the pension gender divide.

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Employee Benefits

AUGUST 19, 2024

This seeks to ban exploitative practices and enhance employment rights, with headline grabbers including a ban on zero-hour contracts and fire and rehire, plus the introduction of day-one rights for sick pay, parental leave and unfair dismissal. “I expect we’ll see changes to pensions, perhaps a 30% cap on tax relief.”.

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Best Money Moves

MARCH 28, 2022

With little federal guidance, employees must depend on their employers’ leave policy. Parental leave policies typically give women substantially more time off than men, and for most women, their leave is unpaid. Pension plans often require a minimum salary or hours worked for pension payouts.

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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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Empuls

AUGUST 28, 2024

Their services include 401(k) plans, pension plans, and personalized financial planning. Google offers extensive perks, including on-site wellness services, free meals, and generous parental leave. Netflix is known for its unlimited vacation policy, flexible work hours, and comprehensive parental leave.

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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. People on maternity leave, for example, will tend to receive variable pay each month because it’s paid in weekly blocks. Pension payments. A full list is available at [link].).

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Workplace Insight

MARCH 15, 2023

The abolition of the cap on the amount people can accumulate in pensions savings over their lifetime before having to pay extra tax (currently £1.07m) Tax-free yearly allowance for pension pot to rise from £40,000 to £60,000. It is also critical that this new early-years funding doesn’t infringe on existing rights to parental leave.

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Family and Medical Leave Act Parental Leave Pension Government 98

Employee Benefits

MAY 31, 2024

The top 10 most read articles between 24 – 30 May 2024 on employeebenefits.co.uk The top 10 most read articles between 24 – 30 May 2024 on employeebenefits.co.uk

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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

JUNE 7, 2024

The top 10 most read articles between 31 May – 6 June 2024 on employeebenefits.co.uk over past year The post The top 10 most read articles between 31 May – 6 June 2024 appeared first on Employee Benefits.

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Employee Benefits

JANUARY 4, 2022

“Organisations which fall short of offering flexible working arrangements, enhanced family-related pay and leave entitlements, pension contributions and social initiatives risk losing key workers.”. Freedom to choose. Beyond these, people want freedom to choose what they would like.

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Employee Benefits

DECEMBER 1, 2023

billion pension scheme buy-in Foster Denovo Group acquires benefits arm of Punter Southall Aspire Shell UK reports -31.4% The top 10 most-read articles on employeebenefits.co.uk mean ethnicity pay gaps IAG Loyalty launches financial wellbeing support for staff Virgin Money reports 26.4%

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Employee Benefits

MAY 26, 2023

The top 10 most-read articles on www.employeebenefits.co.uk

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Employee Benefits

DECEMBER 14, 2022

Events impacting pay, financial wellbeing and pensions. In terms of pensions, employers will be looking at how to position them to staff without a disposable income and how they can use their budget to support staff with retirement benefits if they cannot put it towards pay.”. The cost-of-living payments that we’ve seen will continue.

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Best Money Moves

MARCH 11, 2024

Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave. With non-standard work schedules becoming the norm, flexibility in general is in high demand among most employees.

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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

JANUARY 26, 2022

The benefits offered by Together Housing Group: Pension. Local government pension schemes (LGPS) with varying employer contribution levels. Enhanced maternity/shared parental leave pay. Defined benefit (DB) scheme. Additional voluntary contributions (AVC’s) for LGPS offered on salary exchange basis. Other benefits.

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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. Netflix At Netflix, a full package is offered, from medical insurance to mental health support and strong parental leave.

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Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Employee Benefits

JUNE 25, 2024

It goes beyond the Carer’s Leave Act, introduced in April, which grants staff the statutory right to one week of unpaid leave a year for caring responsibilities. The post MS Amlin introduces paid carer’s leave policy appeared first on Employee Benefits.

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Family and Medical Leave Act Parental Leave Paid Leave Pension 59

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. Benefits for carers Enhanced parental leave policy. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer paid for head office and field teams.

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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. Work-life balance or family-friendly policies Enhanced parental leave. Employees can top up using salary sacrifice arrangement. All mangers are trained in mental health first aid.

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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. Employers across the NHS must apply the terms and conditions on hours of work, annual leave, parental leave, and flexible working,” she explains.

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Employee Benefits

SEPTEMBER 27, 2023

The benefits offered by Nominet: Pensions A group personal pension (GPP) scheme for all employees. Shared parental leave policies. Healthcare and wellbeing Private medical insurance (PMI) for all employees, employer funded. Employees can add dependents at personal cost. Health screening. Flexible-working policy.

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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

APRIL 30, 2024

The Home Office was contacted for comment prior to publication.

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Employee Benefits

OCTOBER 19, 2023

” Cummins also offers its employees a pension scheme, medical, dental and life Insurance, a profit share scheme, healthcare benefits, parental leave, adoption assistance, flexible-working arrangements, a flexible spending account and an employee share purchase scheme.

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Employee Benefits

DECEMBER 2, 2022

Forget Me Not introduces salary sacrifice pension scheme. WeightWatchers gives US staff six months paid parental leave. Harrods security guards strike in pay dispute. 75% of HR professionals see mental wellbeing as key focus for 2023. 47% of businesses plan bonuses for Christmas 2022. Scotrail implements minimum 7% pay increase.

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Parental Leave Pension Bonuses Salary 52

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

SEPTEMBER 21, 2023

Tilbury Douglas also offers 26 days’ annual leave, with the opportunity to buy or sell up to three days, three additional long service days achieved after three, seven and 10 years’ service, private medical insurance, life assurance, a defined contribution pension scheme matched up to 8%, enhanced maternity, paternity and parental leave, two (..)

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Parental Leave Pension Retail Engineering 59

Employee Benefits

OCTOBER 16, 2023

The Co-operative Bank’s employee benefits include a pension scheme, a car allowance depending on seniority, a real living wage rate as a minimum, payroll giving schemes, emergency leave, 27 days of annual leave that rises to 30 after three years, two paid volunteer days, unpaid extended leave, flexible working, shared parental leave, and a parental (..)

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Banking Paid Leave Parental Leave Pension 59

Employee Benefits

JULY 15, 2024

As more men take on primary childcare duties, employers can address this through equitable parental leave policies that support staff not just during their leave, but also when they return.” Valued benefits Today’s workforce is diverse, with a variety of genders, ethnicities, social backgrounds and ages.

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Recruitment Parental Leave Salary Pension 98

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

SEPTEMBER 21, 2023

Amazon provides employees with career advancement opportunities, anytime access to earned pay, health, vision and dental insurance from the first day of employment, a 401(k) pension with employer matched contributions, up to 20 weeks of paid pregnancy and parental leave for birth parents, with six weeks for eligible supporting parents, and its Resources (..)

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Employee Benefits

MARCH 8, 2023

This includes offering additional support to our employees with caring responsibilities, those going through the menopause, those returning to work after parental leave, and a myriad of other personal circumstances that can affect our working lives.

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Global People Strategist

FEBRUARY 16, 2022

A Swedish employee can earn their annual leave during their qualifying year and utilize the paid leave in the subsequent (vacation) year. b) Parental Leave. Employees can go on parental leave until their child is 18 months old. Fathers can also go on a 10-day leave with regards to their child’s birth.

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cipHR

MARCH 27, 2023

The definitive A-Z of payroll outsourcing in the UK A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | A: Auto-enrolment The process through which qualifying employees are automatically entered into workplace pension schemes.

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PeopleStrategy

OCTOBER 3, 2023

Generation X (born 1965-1980) are typically family-oriented, so they may prioritize benefits like parental leave, flexible work arrangements, and career development opportunities. Retirement Plans: Offer various retirement planning options, including 401(k)s, IRAs, and pension plans.

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