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Standard Chartered Bank and supermarket chain Lidl GB have been shortlisted for Best voluntarybenefits at the Employee Benefits Awards 2024. A University of Lincoln spokesperson said: “We are proud of the financial benefits we’ve been offering, they’ve been a real key focus for us.
Benefits offered by Precis Digital: Pension A group personal pension (GPP) scheme for all employees, with up to 8% matching contributions from the employer. Voluntarybenefits Access to a discounts platform. The post Benefits on offer at Precis Digital appeared first on Employee Benefits.
Additional voluntarybenefits include private medical insurance, payroll giving, bikes-for-work, critical illness cover, a cash plan upgrade options and the choice of two pension schemes. It provides access to a healthcare cash plan , an employee assistance programme and life insurance for up to three people.
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. Pension or retirement savings plan 3. Some top choices trending today include: 1. Health insurance 2.
pay rise The post The top 10 most read articles between 7 – 13 June 2024 appeared first on Employee Benefits. The top 10 most read articles between 7 – 13 June 2024 on employeebenefits.co.uk
In addition to salary, it can include pension contributions, bonus schemes, healthcare, financial and wellbeing programmes, flexible and voluntarybenefits schemes, company car allowances, share schemes, bikes-for-work schemes, and more.
The benefits on offer at Vagabond Wines: Pension A master trust pensions scheme with Cushon. Voluntarybenefits scheme Discounts platform that gives access to deals and discounts in food shops, electronics, holidays and more. The post The benefits offered by Vagabond Wines appeared first on Employee Benefits.
Alongside a defined benefitpension scheme, generous annual and parental leave, and a health and wellbeing service provided by Perkbox Vivup, it offers a comprehensive voluntarybenefits package. To deliver this service it employs around 10,000 people, working in roles from administration and cleaning to nursing.
The benefits on offer at Egress: Pensions Defined contribution pension scheme, with 5% employee contributions and 4% employer contributions. Other benefitsVoluntarybenefits discount hub. The post Benefits on offer at Egress appeared first on Employee Benefits. Financial advice sessions.
The benefits offered by Northwood Hygiene Products include: Pension Two group personal pension (GPP) schemes, with employee contribution rates of either 4% or 5%, and employer contribution of 5% or 4%. Group income protection, a legacy benefit for certain employee groups, employer paid. Employee assistance programme.
The benefits offered by Nominet: Pensions A group personal pension (GPP) scheme for all employees. Voluntarybenefits scheme Discounts across retailers, including travel, groceries and utilities. The post Benefits on offer at Nominet appeared first on Employee Benefits. Health screening.
Now in its 21st year, the Employee Benefits Awards celebrates organisations, teams and individuals in the reward, benefits and HR community that have made a significant difference through their reward and benefits strategies in 2022. The final deadline is Friday 10 February.
The platform, which is provided by Bippit, gives Avison Young’s employees access to professional coaches with Financial Conduct Authority (FCA)-recognised qualifications for one-to-one financial coaching , targeted learning resources, and monthly webinars and interactive workshops on subjects such as pensions, protection and budgeting.
The benefits on offer at Emcor UK: Pension Contract-based group personal pension (GPP) plan, the Group Flexible Retirement Plan. Health Assessment or screening, available through flexible benefit scheme. Voluntarybenefits Bikes-for-work through salary sacrifice arrangement.
Increasing value Data on take-up rates can show exactly what employees like, and do not like, enabling an employer to finetune its benefits offering. Debra Clark, head of wellbeing at Towergate Health and Protection, points to data on voluntarybenefits as an example. “If
The temporary nature of their employment means that this group tends to prefer benefits they can use, such as health and wellbeing support and employee assistance programmes (EAP), rather than longer-term propositions like pensions, bikes-for-work schemes or private medical insurance. “This is attractive.”
Organisations are also funding a range of employee benefits to help employees’ money to stretch further. This includes employer pension contributions above auto-enrolment minimum (88%), salary sacrifice plans (85%) and product discounts and voluntarybenefits (84%).
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.
The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Age limits are 16 to state pension age. Life insurance for all employees with a death-in-service benefit of four-times salary. Age limits are 16 to state pension age. Two years paid at half salary at time of acceptance.
The Ohio Police and Fire Pension Fund works with its health insurer to offer its employees access to diabetes prevention and control programs. The takeaway Having a diabetes wellness program among your voluntarybenefit offerings can help your employees avoid diabetes or manage it if they already have the disease.
Credit: tomertu/Shutterstock Need to know: Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic. Flexible benefits , voluntarybenefits, and allowances or pots offer the potential for greater personalisation.
Yet, some benefits are mandated by UK law. These include: Holiday pay Statutory sick pay Auto enrolment pension Paid leave for maternity, paternity, and adoption Let’s dive deeper into these requirements. Auto enrolment pension Businesses in the UK must offer an auto enrolment pension.
The benefits on offer at Brewers include: Pension A group personal pension (GPP) plan for all employees, with a 4% employee and 5% employer contribution. Shopping and leisure discounts via voluntarybenefits scheme. The post The benefits offered by Brewers Decorator Centres appeared first on Employee Benefits.
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