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
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
Insiders

Sign Up for our Newsletter

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

article thumbnail

Roadchef rolls out payroll and financial support for UK employees

Employee Benefits

Through a partnership with cloud-based payroll software service PayCaptain, Roadchef employees can access savings pots, digital payroll giving, pay trackers, built-in financial wellbeing tools to budget and plan money, interactive pay slips, 24/7 faster payments, 24/7/365 chatbots, banking features and access to accrued earnings in emergencies.

Payroll 107
article thumbnail

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. For example, employees over state pension age shouldn’t pay any NI (unless they are self-employed).

Pension 98
article thumbnail

New poll reveals the benefits and perks that employees value most

cipHR

Paid sick leave tops the list of benefits and incentives that matter most to British employees , according to new research by HR and payroll software provider CIPHR. Pension contribution matching (46%). Pension contribution matching (3). Mental health and wellbeing support ranks fourth. Paid sick leave (67%).

article thumbnail

Do total reward statements still engage employees with their benefits packages?

Employee Benefits

HR software Personio’s March 2022 research demonstrated that 88% of those aged between 18-34 are increasingly seeking employers that prioritise their wellbeing, so ones that adeptly highlight exactly what they offer will appear attractive.

article thumbnail

How to Effectively Manage Payroll Services?

Qandle

Payroll is handled in a variety of ways by businesses: traditionally, with spreadsheets, or automatically via payroll software. Payroll software calculates pay and deductions precisely, and you only have to enter employee information once. You won’t have to make any calculations using payroll software.