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What actions can employers take to close the gender pensions gap?

Employee Benefits

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension.

Pension 104
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NRMA Group to continue pension contributions during unpaid parental leave

Employee Benefits

Australian employer National Roads and Motorists’ Association (NRMA) Group has agreed to pay superannuation on the unpaid portion of parental leave as part of its aim to close the gender pay gap for females.

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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.

Pension 52
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Department of Work and Pensions reports 5.9% mean gender pay gap

Employee Benefits

The Department of Work and Pensions (DWP) has reported a mean gender pay gap for 2022 of 5.9%. Awareness and support of those with caring responsibilities is embedded into all our HR policies and our commitment to this is strengthened by DWP’s membership to the Employers for Carers forum. “We

Pension 105
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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Why Are Employee Benefits Important?

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Jeremy Harris: How can employers reduce the gender pensions gap?

Employee Benefits

The fact that both personal and workplace private pensions are closely aligned to paid work means that employers play an important role in determining post-retirement financial wellbeing. So what can employers do to close the gender pensions gap? This would be contractual, rather than statutory, automatic enrolment.

Pension 52
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Top tips on how employers can reduce the gender pensions gap

Employee Benefits

Women need to be aware of the impact of career breaks and part-time working on their pensions, and how they may be able to mitigate the impact. Here are some practical tips for employers on how they can reduce the gender pensions gap. Find the root causes of the gap. Address contribution levels.

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