Remove Bonuses Remove Net Pay Remove Pension Remove Salary
article thumbnail

Choosing the best workplace pension for your business

Employee Benefits

Transitioning to a superior provider is no longer a hassle: If you’re contemplating changing your current workplace pension scheme, the process isn’t as challenging as you might think. Many pension companies (we’re one of them!) What is a workplace pension? are prepared to assist you with the heavy lifting.

Pension 96
article thumbnail

A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

For employers, determining the contributions to a workplace pension scheme depends on the pensionable earnings of their employees. This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. Employee contribution (inc.

Pension 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The benefits offered by Ogi

Employee Benefits

The benefits on offer at Ogi: Pension Group personal pension (GPP) plan, with an employer contribution of 5% and minimum employee contribution of 4%. Employees can choose to contribute through salary sacrifice or from net pay.

Net Pay 59
article thumbnail

How to upscale a benefits strategy to align with business growth

Employee Benefits

A typical journey would see micro-employers offer a simple package, focused on a few core benefits such as pensions , life cover and healthcare, says Matthew Gregson, executive director at Howden Employee Benefits and Wellbeing. Look at how these can be enhanced, perhaps with phasing introduced, to incentivise progression and also retention.”

Pension 98