Employee Benefits
JULY 6, 2023
As an employer, you’re obliged to provide your staff with a workplace pension – a mandate made compulsory by the UK government in 2012. That’s why at Penfold we love working with companies on the implementation of Salary Sacrifice. Is your provider helping with this?
Employee Benefits
JULY 25, 2023
As of 2012, the introduction of auto-enrolment mandates all employers to provide a workplace pension. Defined benefit pensions guarantee a specific retirement income based on factors like salary and length of service. This operates on the same principle as Salary Sacrifice. What is a workplace pension? How is the Scheme Managed?
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cipHR
NOVEMBER 15, 2021
As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. CIPHR asked payroll expert Jon Lee for some pointers. Pension payments.
Patriot Software
FEBRUARY 25, 2019
After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay may also be called net pay.
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