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Morrisons warehouse workers strike over pension contribution change

Employee Benefits

Its flagrant profiteering and then cutting our members’ take-home pay is a disgrace.” Workers had been paying in 3% of their pay into pensions while Morrisons put in 5% until March 2024, but Morrisons has moved to a policy of employees and employer paying 4% this financial year.

Pension 104
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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

Alongside competitive salaries and career growth opportunities, companies are now offering a wide array of tax free or non taxable employee benefits to attract and retain top talent. These perks not only provide employees with financial advantages but also contribute to a more fulfilling and enjoyable work experience.

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Eyekon Services to pay £8,980 in unfair dismissal case

Employee Benefits

Management consultancy Eyekon Services has been ordered to pay a former employee £8,980 after an employment tribunal found him to have been unfairly dismissed. hours per week with a take home pay of £1,363. hours per week with a take home pay of £1,363. Rodgers worked 37.5

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5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Some individuals may be wary of reducing their take-home pay, especially if they are already on a tight budget. Illustrate how pre-tax contributions lead to significant savings over time, effectively reducing the impact on take-home pay. Download now! It is not legal, financial, or tax advice.

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What are the pros and cons of digital self-service pay systems?

Employee Benefits

Software can allow employees to model the impact on their take-home pay of opting into certain benefits, for example, or changing their pension contribution. Employers] get more buy-in and loyalty from employees,” Fowler says. Benefits are taken up more; ultimately it’s all about retention.”.

Payroll 105
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6 Post-Pandemic Employee Retention Strategies

Health Consultants Group

For example, some white-collar employees have said that they would willingly give up a portion of their salary if they could keep a work-at-home option. . Many hourly workers toiled long hours and endured health risks for low take-home pay. Upgrade employee benefits. Contact Health Consultants Group.

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What can benefits technology tell an employer about its workforce?

Employee Benefits

The benefits themselves will often have their own websites or apps too. Mark Pemberthy, benefits consultant at Buck, explains: “These will also generate management information, often anonymised, that can help an employer understand the needs of its workforce. appeared first on Employee Benefits.