Employee Benefits

APRIL 11, 2024

The post Government launches new disability guide with CIPD appeared first on Employee Benefits.

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Government Pension Recruitment Employment 96

Employee Benefits

JANUARY 13, 2023

The government has launched a consultation into the way holiday pay and entitlement is calculated for temporary, part-year and zero hours workers. The consultation is intended to explore how the process of calculating holiday pay for these groups can be simplified for employers and provide clarity to employees.

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Employee Benefits

JULY 21, 2023

This will feature guidance, an option to pursue accreditation, and additional government support services, such as outreach workers to support SMEs to meet the standards. Mel Stride MP, secretary of state for work and pensions, said: “This government is investing billions in getting people back to work and growing the economy.

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Employee Benefits

MAY 13, 2024

An employment tribunal has found that a disabled team leader within the social care division of the Scottish government was discriminated against due to not receiving the necessary equipment to work. The Scottish government was contacted for comment prior to publication.

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Government Work From Home Technology Employment 59

Employee Benefits

NOVEMBER 22, 2023

The government is to take steps to reform the fit note process to support more people to resume work after a period of illness. Workplace health and wellbeing must be at the centre of any government response to the long-term sickness crisis. “We This is designed to combat the fact that there are now 2.6

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Government Consulting Employment Employee Benefits 69

HR Digest

MAY 21, 2023

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. What do you want to achieve with the employee benefit package 2. Payroll taxes 2.

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Benefits Package 401(k) Employee Benefits Disability Insurance 105

Employee Benefits

DECEMBER 6, 2022

The UK government has committed to introducing secondary legislation entitling employees to the ability to request flexible working from the first day of their employment. The post Government commits to making flexible working day one right appeared first on Employee Benefits.

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Government Consulting Employment Employee Benefits 105

Employee Benefits

JUNE 6, 2023

The government has launched a consultation on non-discretionary tax-advantaged employee share schemes , including sharesave schemes and share incentive plans (Sips) as part of its aim to improve and increase their usage. The post Government launches consultation on employee share schemes appeared first on Employee Benefits.

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Consulting Government Taxes Recruitment 52

Employee Benefits

NOVEMBER 17, 2022

Autumn budget 2022: The government has agreed to raise the national living wage by 9.7% for 2023, representing a pay rise of more than £1,600 for the average full-time employee. for 2023, representing a pay rise of more than £1,600 for the average full-time employee. for 2023 appeared first on Employee Benefits.

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Money Talk

MAY 31, 2023

Tax Planning - Until 12/31/25, taxes are “on sale.” Nobody has a crystal ball, but we know that tax rates will rise starting in 2026 when the Tax Cuts and Jobs Act expires. There are only two ways to reduce taxes: 1. When the government lowers tax rates. Make less income and 2.

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Finance Taxes Pension Education 245

PeopleKeep

JULY 6, 2022

If you have remote employees in other states than where your organization is located, taxes can be challenging. According to McKinsey’s 1 2022 American Opportunity Survey, 58% of employees work from home at least once a week, while 35% work remotely full-time. Learn more about employee perk stipends.

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Taxes Work From Home Government Technology 78

Employee Benefits

NOVEMBER 22, 2023

The government is to reform work capability assessments so more individuals receive the right support to find work where they can. According to the government, implementation is likely to occur from 2025. Instead, each employee should be considered on an individual basis, looking at their specific circumstances and requirements.

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Employee Benefits

NOVEMBER 22, 2023

The government is to consult on expanding the Pension Protection Fund’s (PPF) role to act as a consolidator for defined benefit (DB) pension schemes that are deemed “unattractive to commercial providers” and are not currently served by the market. Any public consolidator must be voluntary and separate.”

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Employee Benefits

NOVEMBER 22, 2023

The government has welcomed next steps towards implementing the Value for Money framework in the defined contribution (DC) pensions market. The FCA’s requirements around comparisons will consider the latest evidence on the different potential benefits of scale.

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Employee Benefits

MARCH 15, 2023

Spring Budget 2023: In his Budget address to the House of Commons today (15 March 2023), Chancellor of the Exchequer Jeremy Hunt addressed the issue of unpredictable pension tax charges causing employees to leave work, particularly within the NHS. No one should be pushed out of the workforce for tax reasons.”

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Employee Benefits

MARCH 6, 2024

Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April. This means that a person on the average wage now has the lowest effective personal tax rate since 1975. But as always, the devil is in the detail. a month and £125.60 respectively.

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Insurance Taxes Government Salary 111

Employee Benefits

SEPTEMBER 11, 2023

The Trades Union Congress (TUC) has announced it is reporting the Conservative government to the International Labour Organisation (ILO) over the Strikes Act. The Strikes (Minimum Service Levels) Act, which received Royal Assent in July, will require some employees to work during industrial action or risk losing their job.

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Government Consulting Employee Benefits Employment 59

Employee Benefits

NOVEMBER 22, 2023

The government has published its response to its Occupational health: working better consultation, in which it stated it will meet employers’ requests for clearer guidance and support. The government published its response at the same time as the Autumn Statement.

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Employee Benefits

MARCH 15, 2023

Spring Budget 2023: The government has announced that it will give tax agents access to payroll benefits in kind for employers. Through government provided IT systems, tax agents will be able to payroll benefits in kind on behalf of employers.

Taxes 52

Taxes Payroll Government Employee Benefits 52

Employee Benefits

MARCH 15, 2023

Spring Budget 2023: In addition to introducing support for disabled people and those unable to work due to long-term sickness absence, Chancellor of the Exchequer Jeremy Hunt has pledged government support for those forced to leave work due to mental health and musculoskeletal issues.

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Employee Benefits

JANUARY 24, 2023

The government has published its response to the Women and Equalities Committee’s report on menopause and the workplace , which included recommendations regarding a dedicated menopause leave pilot. However, the government stated that it has accepted, partly accepted or accepted in principle six of the recommendations.

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Government Consulting Education Employment 59

Employee Benefits

MARCH 27, 2023

The UK government has implemented legislation designed to protect seafarers from receiving pay levels below the national minimum wage. This was introduced as part of the government’s nine-point plan to boost rights and working conditions for sea workers. Those who fail to comply will be refused harbour access.

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Employee Benefits

JUNE 5, 2024

When the Chancellor Jeremy Hunt announced the overhaul of the LTA in the 2023 budget, pension experts suggested it was unlikely the change could happen in the 2024/25 tax year because of the administrative challenge of removing it so rapidly. However, as with anything concerning tax and pensions, nothing is quite as simple as it might appear.

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Pension Employment Taxes Government 59

PeopleKeep

JANUARY 26, 2023

If you have remote employees in states other than where your organization is located, understanding the tax rules can be challenging. According to McKinsey’s 1 2022 American Opportunity Survey, 58% of employees work from home at least once a week, while 35% work remotely full-time. Learn more about employee perk stipends

Taxes 52

Taxes Work From Home Government Technology 52

Employee Benefits

NOVEMBER 23, 2023

A number of key announcements were made that will affect pay , pensions and benefits. Autumn Statement: Government announces plans to offer pension pot for life Autumn Statement: State pension to increase by 8.5% appeared first on Employee Benefits. appeared first on Employee Benefits.

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Pension Employee Benefits Government Consulting 59

AssuredPartners

FEBRUARY 14, 2023

Having a comprehensive understanding of a target company’s employee benefits offering helps private equity firms make more informed decisions across the business post-close. Identifying risk is crucial in the due diligence process, and employee benefits present companies with significant financial and regulatory risk.

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Employee Benefits

JULY 11, 2023

Nine of the UK’s largest defined contribution (DC) pension providers have come to an agreement with the government to improve pension schemes. This could unlock up to £75 billion of additional investment from DC and local government pensions. Value and outcomes should drive decisions, not cost.”

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Pension Government Employee Benefits Taxes 45

Employee Benefits

NOVEMBER 22, 2023

The post Autumn Statement: Government announces plans to offer pension pot for life appeared first on Employee Benefits. It means employers could be paying pension contributions to many different pension providers via a spiders’ web of direct debits.”

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Pension Government Retirement Plan Consulting 64

Vantage Circle

SEPTEMBER 23, 2023

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

Employee Benefits

APRIL 13, 2023

The Department for Work and Pensions (DWP) has launched a government review designed to investigate boosting employment prospects for autistic people. “We are delighted to support the government on this vital review which will enable us to move from awareness to evidence-based action.

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Employee Benefits

MARCH 10, 2022

The UK government is piloting an initiative whereby participating employers will be asked to include salaries in job adverts in an attempt to reduce the gender pay gap. The government has acknowledged that it can sometimes be challenging to include pay information on job adverts, as some employers do not have agreed pay scales.

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Employee Benefits

FEBRUARY 21, 2024

Furthermore, the cut must be viewed in the context of a creeping counterbalance known as fiscal drag, caused by the government’s freeze in the tax and NIC thresholds until April 2028. Until the 2022/23 tax year, governments have normally increased the tax and NIC thresholds annually.

Insurance 108

Insurance Employment Taxes Salary 108

McDermott Will & Emery Employee Benefits

SEPTEMBER 8, 2022

The post Responsible Financial Innovation Act: Proposed Tax and Reporting for Digital Assets appeared first on EMPLOYEE BENEFITS BLOG. The bill is intended to establish some legal clarity for regulators and the industry and to protect consumers […].

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Taxes Employee Benefits Retirement Plan Commissions 84

Empuls

SEPTEMBER 28, 2023

Employee benefits in the UK aren't just a nice-to-have; they're a strategic tool in the modern business arsenal. Employee benefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction.

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Employee Benefits

OCTOBER 17, 2023

Credit: Just Jus / Shutterstock.com Xtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme.

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Employee Benefits

DECEMBER 12, 2022

million from the government to support women with reproductive issues in the workplace. The post Government awards £1.97 million to help women in the workplace appeared first on Employee Benefits.

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Government Education Employee Benefits Employment 59

Global People Strategist

FEBRUARY 5, 2023

Do you think the best employee benefits come from working for the government? With companies worldwide offering innovative, cutting-edge benefits packages to their employees, knowing where exactly Canada holds the most desirable job perks can take time. Think again!

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