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Ovo Energy launches flexible bank holidays

Employee Benefits

Energy supplier Ovo Energy has introduced a flexible bank holiday policy to allow staff more choice when taking time off throughout the year. This applies to all UK 2023 bank holidays apart from Christmas Day, New Year and the King’s Coronation, which remain fixed.

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Annuity Myths and Facts

Money Talk

Examples include surrender charges, sales commissions (loads), management fees, and mortality charges. No Federal Insurance - There is no federal government insurance for annuities as there is for bank products (FDIC) and investment products (SIPC). Therefore, credit quality of issuing insurance companies is very important.

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Missed Payroll in the Wake of Bank Collapse: Implications, Strategies, and Minimizing Risk

Proskauer's Employee Benefits & Executive Compensa

In the wake of the recent news of bank failures, businesses—and their investors—are rightly concerned about the implications of a missed or delayed payroll. Let’s look at those implications, and strategies for minimizing risk. Unfortunately, the wage laws do not provide a defense based on lost access to payroll funds.

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Consumer Fraud: Statistics, Trends, and Tips

Money Talk

CFPB, IRS, Federal Trade Commission) government agencies in 2021. Fraud Reporting- The go-to resource for fraud victims to report crimes is the Federal Trade Commission (FTC) website www.ReportFraud.ftc.gov. Below are eleven of my key take-aways from the webinar: ¨ Fraud Reports - About 5.7

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A Comprehensive Guide to UAE Wage Protection System for HR and Payroll Managers 

Bayzat

What is WPS in UAE: Origin and Definition The Wage Protection Program is an initiative by the Ministry of Human Resources and Emiratisation (MOHRE) and the Central Bank of UAE. UAE employers upload employee wage files to the database, and MoHRE and Central Bank validate the information. For many companies, the WPS agents are banks.

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Best Money Moves Sneak Peek: Are Your Employees Financially Stable?

Best Money Moves

To guarantee you save, try having your bank automatically transfer part of each paycheck to a savings account. If your bank isn’t able to do so, check with your employer to see if they can automatically deposit some of your paycheck into a savings account instead. Do you have enough savings to cover three months of expenses?

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Lovewell’s logic: Should the Flexible Working Bill go further?

Employee Benefits

According to the Equality and Human Rights Commission, demand for flexibility is rising, with 8.7 Last week, for example, Lloyds Banking Group unveiled its new Flexibility Works policy, giving staff access to a wide range of flexible working options. million full-time employees stating they would like to work flexibly.