article thumbnail

How to Get More Than the Average 2.9% Salary Increase in 2017

Talent Culture

According to the 2016/2017 Mercer US Compensation Planning Survey, the average salary increase budget is expected to be 2.9% in 2017, up slightly from the average increase budget of 2.8% By showing and quantifying your specific value add, you build a better business case to support the requested salary increase.

Salary 59
article thumbnail

3 Surprising Benefits Of A Salary Sacrifice Scheme

Employee Benefits

The headline employee benefit in signing up for a salary sacrifice scheme is the potential for tax and national insurance savings, if you have the option of sacrificing a portion of your salary in return for pension contributions, ultra-low-emission vehicles, cycle-to-work schemes or employer-supported childcare. Flexible lease deals.

Salary 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do You Know Your Income Tax Rates?

Money Talk

Under the most recently passed tax law, the Tax Cuts and Jobs Act of 2017, there are currently seven income range segments for four tax filing status categories (single, married filing jointly, married filing separately, and head of household) that are taxed at increasing rates as income rises. 401(k)s, 403(b)s, and traditional IRAs).

Taxes 179
article thumbnail

5 HR Predictions for 2017

cipHR

As we enter 2017, the commercial landscape is an unfamiliar one. Turnover can cost a business up to 20% in annual staff salary costs (this rises to more than 200% for executive positions) so keeping hold of employees, through an increased focus on employee wellbeing, is key next year. Employee wellbeing. Mobile adaptability.

article thumbnail

5 Recruitment Trends for 2017

Hppy

In 2017, candidate shortage represents an unwanted trend that seems to be in its infancy. Talented and highly sought-after candidates are aware of the control they have in the recruitment process and use it to make personal demands (for instance, higher salary and other workplace benefits). Candidates in control. Social media.

article thumbnail

2017 Year in Review: Most Popular Benefits Topics

Winston Benefits

The renewed debate over the Affordable Care Act pushed this guest post from 2015 about the PCORI fee to the top of the 2017 traffic list, and continued uncertainty regarding the ACA has made it a top concern for employers. 2017 Benefits Trends. Dive into SHRM 2017 Employee Benefits: Big Benefits Trends to learn more.

article thumbnail

Lancashire County Council ordered to pay £800,000 in discrimination case

Employee Benefits

Healey returned to work in May 2016 but required more treatment in 2017 as the cancer had returned, and was then off until early 2019. Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 after a teaching career. That something was her long absence from work and treatment for cancer.”

Pension 105