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33% of UK employers plan on increasing salaries and bonuses in 2024

Employee Benefits

One-third (33%) of UK employers are planning on increasing salaries and bonuses at the start of this year, according to research by job website Totaljobs. The post 33% of UK employers plan on increasing salaries and bonuses in 2024 appeared first on Employee Benefits.

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Employee bonus programs: What’s right for your company?

Insperity

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. Spot bonus.

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Cost of Living Bonuses for Employees in the UK: What Employers Need to Know

Empuls

Yet, behind the allure of cityscapes and rolling hills, there's a pressing concern that affects both employers and employees alike: the ever-evolving cost of living. What exactly are these bonuses, and how do they play a pivotal role in the lives of UK employees? Here is why giving the cost of living bonus matters for employers.

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Does crypto currency have a role to play in employers’ pay strategies?

Employee Benefits

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. And, while most people are happy to watch the roller coaster ride from the sidelines, employers are beginning to consider crypto as part of their pay strategies.

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Roadchef rolls out payroll and financial support for UK employees

Employee Benefits

It also offers flexible payments, which allow Roadchef employees to choose exactly where, when and how they receive bonuses, rewards and expenses. The employer also wanted a modern alternative to its legacy payroll system. It then generates a personalised financial wellbeing score and recommends steps to help improve financial health.

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To retain talent, think beyond raises and cash bonuses

Employee Benefit News

From sympathy cards to birthday slideshows, employers should be recognizing employees however they can.

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Employee bonus programs: What’s right for your company?

Insperity

But, before you hit the ground running, take a moment to dive into what kinds of bonuses are out there, as well as what goes into creating a bonus program. First things first: How are employee bonuses defined? First things first: How are employee bonuses defined? How employers benefit. Employee bonus program basics.

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