article thumbnail

Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

The UK government has divided the various employee benefits into two categories: mandatory benefits and non-mandatory benefits. Pensions are a compulsory benefit provided by employers in the UK. Types of employee benefits in the UK Here are some of the best employee benefits in the UK. weeks of paid annual leave.

article thumbnail

Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). Employee Stock Option Scheme (ESOS).

401(k) 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

And one of the key factors that can make a difference for employees is the benefits they receive. Employee benefits are a crucial part of any organization's overall compensation package. While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees.

article thumbnail

Common Tax Forms Employers Need to Know: A Complete Guide

HR Lineup

Form 1099 Form 1099 is a series of documents used to report various types of income other than wages, salaries, and tips. This includes independent contractors, freelancers, vendors, and other non-employees who have provided services to your business.

Taxes 86