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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.

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Odfjell Technology drillers accept pay deal

Employee Benefits

The revised pay deal, secured by trade union Unite, will increase basic salaries by 8% and will be backdated to 1 June 2023. The deal also fully converts a fixed-contract payment worth around 5% into basic salary going forward. It was accepted by 77% of Unite’s drillers.

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UK Power Networks uses total reward statements to boost engagement with benefits

Employee Benefits

Employees are given the choice of which format they would prefer and more than 90% opt for a paper copy. The TRS outlines what employee benefits have been on offer for the past 12 months.

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Top 5 reasons to check your payslip

cipHR

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. CIPHR asked payroll expert Jon Lee for some pointers. A full list is available at [link].). Variable payments.

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Danielle Ayres: The changing face of flexible working

Employee Benefits

It is important that pay reviews are done on time, and businesses should ensure that pay rises, overtime and bonuses are applied and paid on due dates and in the correct amounts.

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Labor Regulations in Ukraine

Global People Strategist

The law allows overtime work in exceptional cases. However, overtime work cannot be more than four hours on two consecutive days, and must be capped at 120 hours a year. The compensation for overtime work needs to be double the regular pay. In Ukraine, income tax is applied on all salaries. Pension and Social Insurance.

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Are wages or salary fully covered by workers’ compensation insurance?

Workers' Compensation Perspectives

per hour, bonuses, overtime pay, stock options, and some great fringe benefits (including tuition reimbursement for her master’s degree now underway two nights per week), Marion is enjoying the career she always wanted. Bonuses unrelated to work activity (e.g., shareholder bonus, contract ratification); 2.