Employee Benefits

APRIL 8, 2024

Through a partnership with cloud-based payroll software service PayCaptain, Roadchef employees can access savings pots, digital payroll giving, pay trackers, built-in financial wellbeing tools to budget and plan money, interactive pay slips, 24/7 faster payments, 24/7/365 chatbots, banking features and access to accrued earnings in emergencies.

Payroll 107

Payroll Payroll Software Pension Payroll System 107

Money Talk

JANUARY 18, 2023

This includes Social Security recipients, retirees with COLA-adjusted pensions, and workers with COLAs stipulated in their job or union contracts. Higher Bank Account Interest - Yields on bank accounts rose in 2022 along with interest rate hikes made to quell inflation. million per individual in 2023 vs. $12.06 million in 2022).

401(k) 245

401(k) Banking Deductions Deductible 245

Money Talk

APRIL 20, 2023

Off-Farm Job Employer Benefits - These include a defined benefit pension, an employer retirement savings plan (e.g., stocks, bonds, mutual funds, exchange-traded funds, and bank CDs). Simplified Employee Pension (SEP)- This is a retirement savings plan for self-employed workers and small business owners. health insurance).

401(k) 245

401(k) Pension Retirement Plan Taxes 245

Employee Benefits

APRIL 24, 2024

The new reporting regime for pension schemes to disclose their investment allocations to UK markets is flawed. Ken Scott, head of investment solutions at Royal London, says: “Department for Work and Pensions (DWP) best practice suggests that lifestyling is a key consideration.

Pension 59

Pension Employment Government Banking 59

Employee Benefits

JUNE 2, 2023

Credit: William Barton / Shutterstock.com Banking organisation Natwest Group has completed its acquisition of a majority shareholding in workplace savings and pensions fintech Cushon. The group agreed to acquire 85% of Cushon for £144 million back in February, with 15% retained by management.

Pension 105

Pension Banking Engineering Employee Benefits 105

Money Talk

JANUARY 4, 2024

Unclaimed Money - This is money held by state governments from a variety of sources including bank accounts, utility deposits, pension benefits, and insurance policies. If they didn’t discover their tax error, they would not have it. It may or may not be taxable when reclaimed. To find unclaimed funds, visit www.missingmoney.com.

Life Insurance 170

Life Insurance Pension Benefit Retail Taxes 170

Employee Benefits

APRIL 4, 2024

This further demonstrates our desire to create a truly inclusive workforce that supports employees during key times in their lives.”

Transportation 111

Transportation Pension Banking Human Resources 111

Employee Benefits

DECEMBER 19, 2023

The Bank of England has also recently reported that nearly 5 million UK households are facing an average £2,900 increase in their annual mortgage payments. People should work out what exactly their income is each month and then check their bank statements to clarify what outgoings they have. million compared to the 7.8

Finance 104

Finance Banking Pension Insurance 104

Proskauer's Employee Benefits & Executive Compensa

JUNE 5, 2023

27, 2023), the court held that financial support provided by Congress to a multiemployer pension plan under the Bipartisan American Miners Act (“BAMA”) did not divest the plan of Article III standing to pursue the withdrawal liability it was owed. Bank , 140 S. In Holland v. Murray , No. 21-cv-567, 2023 WL 2645708 (D.D.C.

Pension 111

Pension Banking Employment IT 111

Employee Benefits

DECEMBER 12, 2023

Financial services firm BNP Paribas Corporate and Institutional Banking UK has received menopause-friendly accreditation. Ian Mackenzie, UK head of pension and benefits at BNP Paribas Corporate and Institutional Banking, said: “The accreditation provided internal recognition for the great work we have implemented within the menopause space.

Banking 105

Banking Pension Medical Employment 105

Employee Benefits

FEBRUARY 14, 2023

Credit: William Barton / Shutterstock.com Banking organisation NatWest Group has acquired 85% shareholding in workplace savings and pensions fintech Cushon, with the remaining 15% retained by Cushon management. Users can save into pensions, ISAs and other products direct from their pay. The business has £1.8

Pension 75

Pension Banking Finance Health 75

Money Talk

MARCH 15, 2023

No Federal Insurance - There is no federal government insurance for annuities as there is for bank products (FDIC) and investment products (SIPC). They are often bought with money from settlements, investment accounts, and pension plan lump sum distributions. Therefore, credit quality of issuing insurance companies is very important.

401(k) 242

401(k) Life Insurance Insurance Taxes 242

Money Talk

JULY 29, 2022

bank and investment accounts, pension, Social Security) should have a two-factor (a.k.a., They do not affect a person’s credit score and there is no cost to freeze credit or to “thaw” (unfreeze) it for a short time to apply for a bank account, line of credit, or utility service.

Banking 274

Banking Pension Media Finance 274

Employee Benefits

MARCH 19, 2024

The benefits on offer at Egress: Pensions Defined contribution pension scheme, with 5% employee contributions and 4% employer contributions. Holiday trading: bank holidays for annual leave, and the ability to buy up to three days of annual leave per year. Group risk Life assurance at four-times salary.

Voluntary Benefits 59

Voluntary Benefits Pension Salary Deductions 59

Employee Benefits

NOVEMBER 17, 2023

The top 10 most-read articles on employeebenefits.co.uk year-on-year The post The top 10 most-read articles between 10 – 16 November 2023 appeared first on Employee Benefits.

Parental Leave 59

Parental Leave Pension Banking Insurance 59

Employee Benefits

JANUARY 26, 2024

between 19 – 25 January 2024 were: Lidl GB gives pay rise to 26,000 hourly-paid employees FCA manager loses full-time work from home claim Mitie, The Perfume Shop and NFU Mutual UK certified as UK top employers Lloyds Banking Group reports 5.7% The top 10 most-read articles on employeebenefits.co.uk

Pension 59

Pension Engineering Banking Construction 59

Employee Benefits

NOVEMBER 28, 2023

The benefits offered by Northwood Hygiene Products include: Pension Two group personal pension (GPP) schemes, with employee contribution rates of either 4% or 5%, and employer contribution of 5% or 4%. Holidays 20 days per year, or 20-25 based on service, or 25 plus bank holidays, depending on shift patterns.

Voluntary Benefits 52

Voluntary Benefits Pension Retail Banking 52

Employee Benefits

OCTOBER 31, 2023

Whilst a workplace pension provides a savings vehicle for retirement, many organisations want to put in place a tax efficient savings option for those looking to save in general and build financial resilience. Contributions can also be made from maturing SAYE schemes to help protect from capital gains tax and ensure tax free growth.

Deductions 98

Deductions Deductible Banking Taxes 98

Proskauer's Employee Benefits & Executive Compensa

MARCH 16, 2023

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.

Banking 52

Banking Payroll 401(k) Health and Welfare 52

Employee Benefits

JUNE 23, 2023

The service offers tools for Papier staff to navigate the cost-of-living crisis, including personalised learning resources and money management plans, monthly webinars and interactive workshops on topics such as pensions , protection and budgeting.

Paid Sick Leave 116

Paid Sick Leave Pension Banking Medical 116

Employee Benefits

DECEMBER 14, 2023

Benefits offered by Gripple: Pension and group risk All employees are enrolled into a non-contributory pension, with 15% employer contribution. Holidays 25 per year plus bank holidays. Employees can top up using salary sacrifice arrangement. Group income protection , employer funded for all employees. Yoga classes.

Parental Leave 59

Parental Leave Pension Banking Medical 59

Employee Benefits

JANUARY 31, 2024

Banks often offer a lot of resources too, all of which are available online, such as guides and tools to help manage finances more effectively,” she says. It offers free and impartial help with money, pensions and everyday savings,” he explains.

Pension 64

Pension Finance Education Taxes 64

Money Talk

JANUARY 26, 2023

pensions, Social Security, annuities) can “ride it out.” Treasury bills, and online bank savings and money market accounts. Younger investors can take advantage of market downturns to buy stocks “on sale.” Retired investors who have enough money to pay living expenses from guaranteed income sources (e.g.,

Finance 183

Finance Pension Government Banking 183

Employee Benefits

JANUARY 17, 2023

Firstly, employees should check their bank statements to determine their monthly income and then what outgoings they have. Reviewing their bank and credit card statements will ensure their spending habits are aligned with their financial goals. Don’t neglect your pension.

Finance 98

Finance Pension Banking Retail 98

Employee Benefits

AUGUST 1, 2023

A tribunal has upheld a decision by The Pensions Regulator (TPR) to issue a contribution notice for Anant Shah, the former owner of the Meghraj Group Pension Scheme , to pay £1.8 The post Tribunal rules Meghraj Group Pension’s former owner must pay in £1.8 million into the scheme. The scheme’s debt is estimated at £5.85

Pension 52

Pension Banking Employee Benefits Taxes 52

Employee Benefits

AUGUST 8, 2023

These include: Holiday pay Statutory sick pay Auto enrolment pension Paid leave for maternity, paternity, and adoption Let’s dive deeper into these requirements. Including public or bank holidays in this count is at the discretion of the employer. Auto enrolment pension Businesses in the UK must offer an auto enrolment pension.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

Employee Benefits

MARCH 30, 2023

Benefits professionals will need to ensure they offer suitable pension investments and teambuilding activities. Pensions investment considerations Benefits professionals will have other issues to consider, including whether pension policies offer investment choices to suit employees of different faiths.

Pension 105

Pension Consulting Entertainment Banking 105

Employee Benefits

JULY 21, 2023

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

Pension 52

Pension Banking Work From Home Government 52

Employee Benefits

AUGUST 9, 2023

With national insurance (NI) savings for both the employer and employees, a pensions salary sacrifice arrangement can help employees maintain their pension contributions while putting some extra pounds into their pay packets each month, all at no additional cost,” he says.

Pension 98

Pension Retirement Plan Education Benefit Providers 98

Employee Benefits

APRIL 12, 2023

A school manager at The Oak Trust in Oldham, Lancashire, who lost her job days before she was eligible for her pension , has won an age discrimination and unfair dismissal case. She also asked several questions regarding redundancy termination as well as notice period, the amount of redundancy pay and her pension.

Pension 64

Pension Banking Government Employment 64

Employee Benefits

JULY 24, 2023

At Cobry, we provide our staff with a range of perks and bonuses, including a profit-share programme, electric car and bikes-for-work subsidies, and enhanced sick pay and pension contributions. Other benefits offered to Cobry staff include a recruitment referral bonus scheme, performance-related pay and floating bank holidays.

Bonuses 98

Bonuses Pension Banking Work From Home 98

Employee Benefits

OCTOBER 12, 2023

Pitchup also offers its employees benefits such as 25 days of holiday including bank holidays, a pension scheme, private healthcare, life insurance, critical illness cover, income protection, discounted gym memberships and sports equipment, and discounts at retailers, hotels and shops.

Gross Pay 52

Gross Pay Retail Life Insurance Pension 52

Employee Benefits

JANUARY 24, 2023

Ovo Energy also offers flexible working, default green pensions, minimum pay of £11 per hour, three bank holidays that are automatically booked off, the ability to choose how and when other bank holiday days are taken, and the chance to adjust their 9% flex pay to best meet current needs.

Paid Leave 59

Paid Leave Banking Pension Benefits Package 59

Employee Benefits

MAY 5, 2023

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

Pension 52

Pension Banking Employee Benefits Employment 52

Employee Benefits

JANUARY 24, 2024

Glenn Cameron, investment consultant at actuarial and pension specialists Cartwright, believes one of the currencies, Bitcoin, will become mainstream. Through blockchain, financial transfers can be made significantly faster and cheaper than through banking networks. Mainstream pay preference This could change.

Global Payroll 105

Global Payroll Employment Taxes Pension 105

Employee Benefits

AUGUST 23, 2023

This pay rise will enable them to support their families and stop replying on food banks. “These low-paid, predominantly [female] workers have stood together, demanded more, and they’ve got it. These workers should be rightly proud of themselves and Tata should be congratulated for finally listening to their workforce.

Pension 52

Pension Banking Food Bonuses 52

Employee Benefits

JUNE 28, 2023

Other employee benefits offered by Allianz include a minimum of 22 of annual leave plus bank holidays, along with an additional day for birthdays, enhanced maternity and paternity leave, flexible-working arrangements, professional mental health support, health and wellbeing support,discounted insurance products, retail discounts, holiday buy and sell, (..)

Salary 59

Salary Pension Deductions Deductible 59