Remove Commissions Remove Employment Remove Pension
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

Higher pay rises could lead to £142k gender pensions gap

Employee Benefits

Higher pay rises for men than women could result in a gender pensions gap of £142,603, according to new findings. Research commissioned by investment solutions firm Fidelity International revealed that men typically receive £733 more than women when their salary is increased.

Pension 97
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ohio Court Says Healthcare Benefits and Pension Contributions Not to be Used in Computing AWW

The Workcomp Writer

Quoting Larson’s Workers’ Compensation Law , an Ohio appellate court affirmed a decision by the state’s Industrial Commission that had refused to consider various fringe benefits in the form of health and welfare benefits, as well as the employer’s contribution to several pension funds as “wages” or “earnings” under Ohio Rev.

Pension 72
article thumbnail

Capita TVL staff accept pay deal

Employee Benefits

from £23,680 to £30,000, provides the option of a company car , and abolishes the long-standing commission scheme for the 139 visiting officers within the field operation. after the commission scheme has been consolidated. The deal, which applies to the firm’s 165 field staff, increases starting salaries on average by 9.5%

article thumbnail

Total Compensation Statement Template: A Powerful Tool for Employers

COMPackage

Employers must offer comprehensive compensation packages that address both financial and non-financial needs. Short-Term Incentives: These can include bonuses, commissions, or other performance-based payments. Strengthen employer branding: Position your company as an employer of choice.

401(k) 40
article thumbnail

Middle-Income Earners Can Be Millionaires

Money Talk

Automation is Key- One of the best “one and done” financial decisions that someone can make to build wealth over time is to set aside money automatically from each paycheck (or net income from self-employment) for retirement or other financial goals.

401(k) 188
article thumbnail

Bristol Airport becomes accredited living wage employer

Employee Benefits

Bristol Airport has become a living wage employer after receiving real living wage accreditation from the Living Wage Foundation. The real living wage is the only UK wage rate based on the actual cost of living and accreditation is awarded to employers who pay their staff this as a minimum by the Living Wage Foundation.