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A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

It is the portion of the employee’s salary that is used to determine the pension contribution. At present, both companies and employees must contribute a minimum of 8% of pensionable earnings to an auto-enrolment pension scheme, split 3% from the employer, 4% from the employee and 1% as tax relief. Employee contribution (inc.

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Demystifying Compensation with Data-Driven Total Rewards Statements

15Five

Unfortunately, many potential candidates and existing employees don’t comprehend the total value of their compensation package outside of salary alone. bonuses, commissions) Long-term incentives (e.g. Studies show that the average employee doesn’t fully understand their compensation package.

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How to Create a Sales Compensation Plan

HR Digest

For these reasons, we present to you the perfect guide on how to create a sales compensation plan that will attract top sales professionals. The plan involves payment methods, bonus opportunities, salary increases, and incentives. At the same time, wages, salaries, and taxes are part of the sales compensation models. .

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Liverpool and Knowsley councils commit to real living wage for care workers

Employee Benefits

Two Merseyside local councils, Knowsley Council and Liverpool Council, have committed to paying government commissioned care workers the real living wage , from April 2023 and April 2024, respectively. Care workers in Unison won’t stop campaigning until all councils in our region pay the Foundation Living Wage as a minimum starting salary.”

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Employee financial wellness: Why it matters in the workplace

Insperity

59% of employees feel their salary has not maintained pace with the rising cost of living. You also don’t want to have to continually replace people who leave for a better salary – it’s costly and time consuming to recruit and train new employees. But increased salaries may not always be feasible.

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List of A-Z Human Resource (HR) Jargons

HR Lineup

In this article, we present an A-Z list of key HR jargons to help demystify the HR language. Compensation: The financial rewards and benefits that employees receive for their work, including salary, bonuses, commissions, and stock options. HR Glossary from A-Z A.

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Revisiting a Judicial Discipline

Florida Workers' Comp

The story is about a Judicial Qualifications Commission (JQC) report recommending discipline for a constitutional judge in Florida. There is an ever-present potential that some family member of a judge may fall into jeopardy and perhaps those are the times a judge must most forcefully remind her/himself of the Code.