Employee Benefits
FEBRUARY 12, 2024
More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. The Pensions (Extension of Automatic-Enrolment) (No.
Best Money Moves
MARCH 11, 2024
The 4 best benefits in 2024, according to employees. Here are the 4 best benefits in 2024, according to employees. In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits. As these costs rise, so do concerns about affordability.
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Employee Benefits
JANUARY 12, 2024
Through the employer’s Employee TimeOut initiative, employees without an assignment from March to August 2024 can leave their role for between four and 12 weeks. Credit: JHVEPhoto / Shutterstock.com Professional services and accounting firm Ernst and Young (EY) is to allow its UK consultant employees to take time away from their roles.
HR Digest
OCTOBER 30, 2023
Upon ratification, there should be an initial hike of 11 percent in 2024 , with a 3 percent hike every year until the end of the contract, ending 2027 with a 5 percent general wage increase. UAW and Ford reached a tentative agreement on additional benefits such as 2-week Parental Leave and a Juneteenth holiday are also part of the UAW deal.
Employee Benefits
DECEMBER 14, 2022
Events impacting pay, financial wellbeing and pensions. In terms of pensions, employers will be looking at how to position them to staff without a disposable income and how they can use their budget to support staff with retirement benefits if they cannot put it towards pay.”. The cost-of-living payments that we’ve seen will continue.
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