Employee Benefits

MARCH 27, 2023

What is a group personal pension (GPP)? A group personal pension is a defined contribution (DC) arrangement whereby an employer agrees to make monthly contributions into a scheme, but the contract is between the employer and the pension provider. The income is taxable. They can choose to do a combination of these.

Pension 111

Pension Taxes Government Salary 111

Employee Benefits

APRIL 10, 2023

Need to know: Increasing education about pensions is key to helping employees make the right decisions about accessing their pension savings early. The ability to access pension funds early could prompt changes to the way that pension providers invest for their members.

Retirement Plan 64

Retirement Plan Pension Taxes Education 64

Employee Benefits

OCTOBER 16, 2023

Credit: ClimbWhenReady / Shutterstock In the UK, home improvement firm Kingfisher’s pension provision comprises a closed final salary section, with 28,000 deferred and pensioner members, and an open money purchase section, with 70,000 active and deferred members.

Pension 105

Pension Salary Insurance Government 105

HR Digest

SEPTEMBER 14, 2023

Many aspire to work at companies like Google, not just due to the pay they offer but because there seems to be no dearth of provisions for engaging employee and employer relationships. The focus on employee welfare started post-World War II when retirement and pension plans appeared as the biggest forms of employer care.

Employment 98

Employment Health and Welfare Government Entertainment 98

Employee Benefits

MARCH 10, 2023

Many employers have already recognised this need, and have made advances in improving equity in their organisation, but there can be no disputing that disparities still exist. When it comes to organisations’ reward propositions, for example, there are still some significant gaps when it comes to pay and pensions.

Pension 52

Pension Salary Employment Employee Benefits 52

Employee Benefits

MARCH 23, 2023

Hybrid working is impacting engagement, and communicating with a fragmented workforce continues to frustrate employers. Inflation, cost of living, and static salaries mean employees’ financial health cannot be overlooked this year. To add to the turmoil, stress levels continue to grow, as do people’s wellbeing and health challenges.

Employee Benefits 98

Employee Benefits Salary Healthcare Education 98

SnackNation

MAY 13, 2016

What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. If salaries don’t always move the needle, what does? 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. The answers might surprise you….

Pay Raise 73

Pay Raise 401(k) Food Health Insurance 73