Employee Benefits

MARCH 4, 2024

Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.

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Pension Pension Benefit Employment Taxes 59

Employee Benefits

JULY 11, 2023

Flexible Work Arrangements A healthy work-life balance is crucial for both employers and employees. The cost for employers to enable remote work is usually a provision of up to £30 per employee. Despite this, pensions are viewed as a crucial perk in the UK, with many companies contributing significantly more than the statutory minimum.

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Employee Benefits Pension Life Insurance Health Insurance 98

cipHR

MAY 24, 2022

Read on to learn how they supported CIPHR Payroll customers – including seven new clients who have just joined the CIPHR family – as well as a quick summary of the legislative changes that have taken effect for the 2022/23 tax year. Recap of changes for the 2022/23 tax year. Scottish income tax is determined by the residency.

Payroll 52

Payroll Pension Taxes Deductions 52

Employee Benefits

NOVEMBER 6, 2023

An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked. 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.

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Pension Consulting Salary Employee Benefits 105

Employee Benefits

SEPTEMBER 20, 2023

Having access to critical illness insurance cover provided by their employer helps to alleviate some of the financial worry in the event that they become too sick to work. According to Office for National Statistics’ (ONS) figures, a quarter (24%) of people living in the UK will be aged 65 or older by 2042, up from 18% in 2016.

Insurance 52

Insurance Taxes Medical Pension 52

Employee Benefits

DECEMBER 4, 2023

On 30 January 2023, the National Joint Council for Local Government Services (NJC) unions, Unison, GMB and Unite, submitted a pay claim to the National Employers for a pay increase of Retail Prices Index (RPI) plus 2%, as well as improvements to working conditions.

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Pension Retail Government Employment 59

Global People Strategist

JULY 20, 2018

Compliance with international labor and employment issues has become a concern for more organizations because each country in which they operate has its own labor laws. Complying with the employment laws of the country in which your organization has or is establishing an office is critical.

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Overtime Transportation Pension Government 49