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Top 5 reasons to check your payslip

cipHR

It’s worth remembering that it’s an employee’s responsibility to check they’re on the right tax code, as it impacts how much tax they pay – whether it’s too much tax or too little. For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L.

Pension 98
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What will the top reward trends be in 2023?

Employee Benefits

However, accessing a pension fund early can trigger a change in tax status that limits further contributions, meaning that many do not draw their pensions while still working. There is also movement in organisations’ diversity, equity and inclusion approaches, with fewer offering statutory-only shared parental leave compared to last year.

Pension 64
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What can the UK learn from childcare policies around the world?

Employee Benefits

Looking at childcare provision in other countries , greater investment from government can bring down overall costs for employers to offer working parents more support. Some UK organisations have taken the lead from countries that offer enhanced leave such as Iceland, where equal parental leave is considered the norm.

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Paid Family Leave by State Number Increasing in U.S.

HR Digest

Paid family leave benefit amount: Based on employee wages; maximum weekly benefit of $1,009. Employer contributions begin in 2025, and employees can start applying for benefits in 2026. Which employees qualify for leave: Employees who work at least 1,250 hours for a covered employer in the preceding 12 months.