Employee Benefits

NOVEMBER 6, 2023

An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked. Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 after a teaching career.

Pension 105

Pension Consulting Salary Employee Benefits 105

Employee Benefits

AUGUST 9, 2023

It offers pre-retirement seminars focusing on a holistic approach to pensions , tax implications, the psychological impact of leaving work, wills and estate planning, that are primarily aimed at older workers but do get interest from younger staff as well.

Pension 98

Pension Benefit Providers Education Professional Services 98

Vantage Circle

SEPTEMBER 23, 2023

Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” These benefits are given to employees over their salaries and wages. In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. Employees love benefits.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

Employee Benefits

NOVEMBER 22, 2023

Jeff Fox, principal consultant at Aon, said: “While the reduction in NI is welcome, it does have a less welcome pincer movement on salary sacrifice, an approach used by many UK firms. At particular risk are employers with lower-paid staff where flexible benefits and other salary sacrifice schemes are available.

Insurance 59

Insurance Pension Taxes Salary 59

Employee Benefits

FEBRUARY 6, 2023

IT recruitment consultancy Mexa Solutions, founded by brothers Simon and Bob Bath seven years ago, gave its team a 10% pay rise in October 2022 to mitigate the financial burdens they may be facing in the current uncertain times. Bob Bath says: “The biggest thing [employers] can do is to pay them what they deserve.

Consulting 105

Consulting Pension Salary Food 105

Employee Benefits

SEPTEMBER 22, 2023

The top 10 most-read articles on employeebenefits.co.uk The top 10 most-read articles on employeebenefits.co.uk

Pension 59

Pension Banking Consulting Media 59

Employee Benefits

FEBRUARY 6, 2023

Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Employers realise that people need the tools and knowledge to navigate their way through the crisis, and for their future.

Finance 118

Finance Pension Salary Education 118

Employee Benefits

JANUARY 17, 2024

million lost working hours (Money & Pensions Service). To be impactful and benefit the employer and employee, your offering must truly enhance employee financial wellbeing. Still, education only goes so far, and your employees’ monthly salary has a limit. Financial resilience matters!

Education 105

Education Deductions Deductible Salary 105

Employee Benefits

FEBRUARY 15, 2023

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Employers should focus on practices that are sustainable and work for their business, while communicating and compromising with staff.

Benefits Package 105

Benefits Package Pension Education Finance 105

Empuls

SEPTEMBER 28, 2023

Yet, behind the allure of cityscapes and rolling hills, there's a pressing concern that affects both employers and employees alike: the ever-evolving cost of living. It is designed to bridge the gap between an employee's standard salary and the expenses required to maintain a certain quality of life in their geographical area.

Bonuses 40

Bonuses Employment Transportation Taxes 40

Qandle

MAY 16, 2023

From calculating employee salaries to managing taxes and deductions, payroll processing is a critical aspect of any business. Payroll processing is the act of computing and distributing employees’ compensation, including salaries, wages, incentives, and other benefits, as well as any relevant taxes, contributions, and deductions.

Payroll 98

Payroll Gross Pay Deductions Deductible 98

15Five

APRIL 21, 2022

Unfortunately, many potential candidates and existing employees don’t comprehend the total value of their compensation package outside of salary alone. Employers must also provide support and guidance, addressing how salary, equity, benefits, bonuses, and perks are calculated and how they contribute to total reward value.

Compensation Equity 90

Compensation Equity Salary Bonuses Pension 90

Employee Benefits

FEBRUARY 9, 2022

The use of online apps that provide insight into how pension funds are invested help provide feedback to employers on what is important to their employees. For any business that is serious about ESG, commissioning analysis of pension scheme investment is essential.”.

Employee Benefits 59

Employee Benefits Pension Transportation Commissions 59

cipHR

JULY 30, 2020

If we pay our people their agreed wage, salary or bonus, on time, and accurately, isn’t that enough? There’s a growing consensus that employers have a responsibility to do more – and that it makes good business sense to do so. The UK government is certainly hoping employers will intervene in this area. Salary sacrifice schemes

Pension 59

Pension Salary Health Insurance Education 59

Employee Benefits

FEBRUARY 14, 2024

Whilst employees can still choose to retire early, if they have the means, they won’t be able to access their government pension till much later. With the retirement age continually increasing, many UK employees rely on their salary for longer. Helping employees who need to work, stay in work with digital healthcare solutions!

Healthcare 105

Healthcare Employee Wellness Medical Government 105

Employee Benefits

FEBRUARY 4, 2022

The FCA last year set out proposals to increase base pay by 2% this April for workers “clearly meeting or exceeding their objectives” It also consulted on scrapping annual discretionary bonuses from that point and introducing changes to benefits packages.

Bonuses 59

Bonuses Pension Benefits Package Consulting 59

Employee Benefits

NOVEMBER 21, 2022

A picture paints a thousand words, and this is true with total reward, says Sarah Robson, senior strategic consultant at Aon. Employers may want to consider outlining each benefit for employees, including how they access it and any commitments they must make if they choose it. Visual communications, therefore, are best for impact.

Finance 111

Finance Pension Benefits Package Bonuses 111

HR Digest

MARCH 12, 2020

Or you can go niche and strategize, become an entrepreneur, hiring executive, trainer, join a non-profit organization, become a consultant or an international labor dispute specialist, or become an HR IT expert. HR Consultant. This role is similar to what a management consultant does for a company. Careers for HR Professionals

Human Resources 87

Human Resources Health and Welfare Consulting Hospitality 87

cipHR

AUGUST 4, 2022

Throughout this article, we’ll be talking about constructive dismissal in the context of UK employment law only. This can be because of changes to their working conditions, a drop in salary or a hostile work environment. In cases of unfair dismissal, the employer fires the employee. In this article.

Construction 52

Construction Health and Welfare Salary Employment 52

LACE Partners

SEPTEMBER 3, 2021

Examples of this in an HR perspective would mean that employee information (personal details and financial information such as payslips, pension details, employee history or certification, and more) could be stored in the Blockchain and truly owned by the individual, rather than stored within organisations HR and payroll systems.

Banking 98

Banking Payroll Payroll System Pension 98

cipHR

NOVEMBER 13, 2023

Over a year, this could easily add up to a gender pay difference of several thousand pounds (or more, depending on base salary). And, over the course of a career, it will impact many women’s lifetime earnings and may well have repercussions on their pension savings. So, what can employers do? million people (4.9

Payroll 52

Payroll Salary Retail Payroll Manager 52

cipHR

JUNE 29, 2023

One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

Food 52

Food Payroll Bonuses Insurance 52

LACE Partners

DECEMBER 10, 2021

At Level we speak to a number of employers who have stated a desire to map out a financial wellbeing strategy, particularly during and post the pandemic, but aren’t exactly clear on what they need to do and what it means. Why is this important and relevant to employers and HR teams?

Banking 63

Banking IT Technology Pension 63

Bayzat

FEBRUARY 15, 2024

Payroll Management View payslips, salary breakdown, and tax information securely. Update bank details and request salary advances if applicable. Benefits Enrollment Choose and manage health insurance, pension plans, and other benefits electronically.

Electronics 52

Electronics Overtime Taxes Payroll 52

HR Professionals Magazine

SEPTEMBER 2, 2021

As pensions have gone by the wayside and 401(k) plans have gained more notoriety, employees have become increasingly more aware of their employer sponsored retirement plans, and the financial benefits they provide. But, retirement plans can vary drastically with different benefits to the employer or to the employee.

Retirement Plan 52

Retirement Plan roth 401(k) 401(k) Taxes 52

Asure Software

FEBRUARY 8, 2016

Employers need to realize that they cannot expect workers to constantly answer calls, messages and emails. Job seekers have a lot of opportunities in almost any industry, and employers need to face this fact with creative perks. For the Millennial worker, personal and family time is more important than high salaries and benefits.

401(k) 54

401(k) Overtime Salary Consulting 54

Empuls

MAY 7, 2023

As an employer, you are responsible for keeping your employees happy, motivated, and engaged. Employee benefits are a set of incentives, perks, and privileges an employer provides to their employees in addition to their regular salaries and wages. What are employee benefits?

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

cipHR

MAY 23, 2019

A 2019 study by the CIPD and PA Consulting found that HR is the business function that is least likely to be involved in investment decisions and systems implementations related to AI and automation. Employers can also deploy AI to help reduce conscious and unconscious bias. Or for the name of your organisation’s pension provider?

Recruitment 63

Recruitment Consulting Technology Pension 63

Empuls

OCTOBER 4, 2021

"   -   Keith Reynolds PepsiCo By taking a total rewards approach - a combination of salary, benefits, incentives, rewards, and engagement- the whole shebang, focusing on all aspects of the employee’s wellbeing. What does compensation include? Only hard work pays off! Harvard Business Review 2. What are benefits?

Bonuses 52

Bonuses Paid Leave Salary Benefits Package 52

Hppy

JUNE 29, 2017

The book is both a reference for managers on how to handle situations as well as a guide for employees to understand their entitlements and your legal obligations as an employer. A contract of employment is written for, and legally binds, only the individual employee who signs it. salary and pension information.

Consulting 44

Consulting Pension Benefits Package Health 44

Vantage Circle

SEPTEMBER 16, 2021

According to the Employee Ownership Foundation , an Employee Stock Ownership Plan (ESOP) is a tax-qualified retirement plan authorized and encouraged by federal tax and pension laws. But ESOP plans differ from most retirement plans in the following ways: Investments must be made primarily in the stock of the sponsoring employer.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

Employee Benefits

DECEMBER 14, 2022

The cost-of-living crisis and looming recession has led to a stronger focus on support which will follow into the new year, with some employers looking at cost-effective options. Organisations are showing increasing support for diverse family models, and employers are more likely to provide benefits to parents these days than in the past.

Pension 64

Pension Parental Leave Healthcare Government 64

Workplace Insight

NOVEMBER 15, 2022

In a poll – of 6,000 white-collar professionals – undertaken by recruitment consultancy Robert Walters ; 54 percent of young professionals expressed a desire for a ‘portfolio career’ – the concept of monetising your skills in several ways and having multiple income sources, rather than a single job at one company.

Pension 97

Pension Salary Consulting Taxes 97

Workers' Compensation Perspectives

OCTOBER 29, 2019

is a business analyst working for a consulting and staffing firm for the last three years. is a business analyst working for a consulting and staffing firm for the last three years. She likes the variety of assignments offered by the employer, which is building her experience in the industry.

Workers’ Compensation 52

Workers’ Compensation Salary Insurance Commissions 52

HR Digest

FEBRUARY 20, 2020

Here we bring to you precisely that information, with additional info about types of retirement benefits and the goals an employer would like to accomplish by offering retirement benefits. Some of the reasons are: Around 75% of the employees expect their employees to provide better retirement benefit pension plans. Work Smart.

Pension 87

Pension Retirement Plan Taxes Pension Benefit 87

cipHR

MARCH 24, 2022

With the current tax year ending on 5 April 2022, the 2022/2023 tax year introduces many key pieces of legislation affecting millions of employers and employees across the UK. For full information in any of these areas, please consult your tax advisor. . The Coronavirus Statutory Sick Pay (SSP) rebate scheme repaid employers the?SSP?paid

Taxes 40

Taxes Payroll Deductions Deductible 40

Hppy

MARCH 11, 2021

“Contractors are typically brought in because they are able to offer specific expertise that a business only requires for a single project or for a short time,” says Giles Knights of ClearHub “this could include everything from DevOps specialists to digital transformation consultants.

Overtime 36

Overtime Pension Recruitment Consulting 36