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Bank of England gives employees 4% pay rise

Employee Benefits

The Bank of England has given its more than 5,000 employees a 4% pay rise along with a 1% salary top-up deal for 2024/25 as part of its aim to retain staff in a competitive jobs market. The deal, which was intended to match inflation , was accepted by the trade union that represents the bank’s employees.

Banking 102
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Make the Most of Free Money

Money Talk

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.

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3 recent FMLA lawsuits that employers need to be familiar with

Business Management Daily

In addition, employees who already used their leave received a new bank of time April 1, 2021. The award included back pay, lost pension benefits and payment for emotional distress. Employers will get tax credits for providing paid time off to get vaccinated and to deal with vaccination side-effects.