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What employees need to know to reduce the impact of the LTA

Employee Benefits

Positive pension fund growth as well as a pay rise may easily push them over the LTA before they know it. For example*, if someone aged 45 has a pension fund of £400,000 and a salary of £50,000, saves 5% of their salary into their pension which rises by 3% p.a

Pension 52
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Extrinsic Motivation: All You Need To Know

Vantage Circle

A study by Bateman & Crant; 2003, Lepper, Corpus, & Iyengar; 2005 have addressed this issue. Better Employee-Employer Relations. Also read: Importance Of Employer Employee Relationship In Companies. An employer praising his employee for good performance. • They can be pension benefits, paid leaves, etc.