Employee Benefits

OCTOBER 4, 2023

Technology has become a vital part of how we operate, and this is certainly the case in the world of benefits. One offers technology and potentially a level of consulting and the other offers full service and support, including technology, consulting, pensions and broking,” he says.

Technology 110

Technology Pension Consulting Benefits Package 110

Empuls

MAY 7, 2023

As an employer, you are responsible for keeping your employees happy, motivated, and engaged. One of the ways to achieve this is by implementing an effective employee benefits program. Employee benefits programs are an integral part of any organisation's compensation plan. What are employee benefits?

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Employee Benefits

FEBRUARY 14, 2024

Whilst employees can still choose to retire early, if they have the means, they won’t be able to access their government pension till much later. While some may plan and organise their finances so they can retire early, the number of employees leaving work due to ill health has increased. Higher levels of productivity!

Healthcare 105

Healthcare Employee Wellness Medical Government 105

Employee Benefits

FEBRUARY 4, 2022

The FCA last year set out proposals to increase base pay by 2% this April for workers “clearly meeting or exceeding their objectives” It also consulted on scrapping annual discretionary bonuses from that point and introducing changes to benefits packages.

Bonuses 59

Bonuses Pension Benefits Package Consulting 59

Employee Benefits

APRIL 17, 2024

Employees with poor mental health are likely to be more heavily impacted by financial worries and less likely to make sound financial decisions. Read on to explore the employee benefits that can help alleviate financial pressures during the cost-of-living crisis, enhancing mental health or wealth.

Retail 52

Retail Pension Benefits Package Deductions 52

Employee Benefits

NOVEMBER 21, 2022

This is the case for both existing and prospective employees, who will want to know about an organisation’s employee value proposition to understand what it is like to work for it and what is on offer. A picture paints a thousand words, and this is true with total reward, says Sarah Robson, senior strategic consultant at Aon.

Finance 111

Finance Pension Benefits Package Bonuses 111

Employee Benefits

FEBRUARY 6, 2022

Reward and benefits can be used to demonstrate an organisation’s values, with examples including environmental, social and governance (ESG) default funds on pensions and electric car schemes. Changing employee expectations coupled with challenges attracting and retaining talent are forcing organisations to focus on reward and benefits.

Employment 64

Employment Pension Government Life Insurance 64

cipHR

JULY 30, 2020

In February 2020, the Money and Pension Service (MAPS) rolled out a 10-year strategy for financial wellbeing , which identifies workplaces as a key channel through which the UK can become financially healthier. It allows an employee to exchange part of their salary for extra benefits, usually non-cash benefits from the employer.

Pension 59

Pension Salary Health Insurance Education 59

HR Bartender

SEPTEMBER 21, 2016

I recently had the chance to chat with Dean Aloise, global HR consulting leader for Xerox HR Services. Aloise] Actuarial science, particularly as it relates to valuing the liabilities of a pension plan, is a critical need in managing the retirement benefit programs for many organizations that sponsor a defined benefit pension plan.

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Retirement Plan Employee Wellness Human Resources Pension 129

Empuls

SEPTEMBER 25, 2023

This is designed to encourage more informed decision-making among employees about their long-term financial security. Given these changes, HR departments need to reassess their benefits packages to make sure they are not only competitive but also in full legal compliance.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40

Vantage Circle

SEPTEMBER 16, 2021

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). ESOP plan can be an effective form of an employee incentive.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

Employee Benefits

DECEMBER 14, 2022

Of those that are considering change, 79% will be enhancing benefits. Diverse workforces and hybrid working are impacting how reward and benefits are now viewed by employees and candidates, says Sarah Jefferys, head of reward consulting at Gallagher. Events impacting pay, financial wellbeing and pensions.

Pension 64

Pension Parental Leave Healthcare Government 64

HR Digest

FEBRUARY 20, 2020

Some of the reasons are: Around 75% of the employees expect their employees to provide better retirement benefit pension plans. Employers who stay out of giving retirement benefits misses the real talent and suitable candidates. A weak package would lose out the best of the lot.

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Pension Retirement Plan Taxes Pension Benefit 87