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Choosing the best workplace pension for your business

Employee Benefits

Transitioning to a superior provider is no longer a hassle: If you’re contemplating changing your current workplace pension scheme, the process isn’t as challenging as you might think. Many pension companies (we’re one of them!) What is a workplace pension? are prepared to assist you with the heavy lifting.

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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.

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John Adams: Pensions landscape will be changing in 2022

Employee Benefits

In what may bring a sigh of relief, 2022 is not a year with new legal requirements incumbent on employers regarding pensions. But there are many ongoing requirements to be mindful of, and changes within the pensions environment that could lead to future impacts. Then there is the issue of tax relief for low earners.

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A Comprehensive Guide to Auto Enrolment Pensions for Employers

Employee Benefits

For employers, setting up an auto-enrolment pension plan for your staff is a must. This guide will delve into the intricacies of auto-enrolment pensions and how to effectively manage them. Understanding Auto Enrolment At its core, auto enrolment means establishing a pension system by the employer for the benefit of their employees.

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Clear costs are key component of Stephenson Harwood’s company car scheme

Employee Benefits

One of the key points throughout, but especially now during the cost-of-living crisis, is ensuring that both the costs and savings are totally clear for any employee interested in signing up, says David Tripp, payroll and pension specialist at Stephenson Harwood. So it is all very transparent.”

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Fiscal drag: how can employers offset the challenges of a difficult economy?

Employee Benefits

The frozen tax thresholds could see some employees ‘dragged’ into paying more tax and have less disposable income as a result. Employers should ask employees about their financial pressures to understand how to support them. This could add further strain to employees.

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How to upscale a benefits strategy to align with business growth

Employee Benefits

Need to know: As businesses grow, it is vital that their employee benefits strategies also evolve. A more mature strategy is likely to include an element of choice so employees can opt for what is important to them.

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