Employee Benefits

JUNE 8, 2023

HIVE360 provides expert, compliant and reliable PAYE payroll support and comprehensive employment administration that reduces overheads and improves operational efficiencies for businesses, recruiters and recruitment agencies, their workforce and candidates. It champions a new model of employment administration for the UK market.

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Outsourcing Payroll Employee Benefits Pension Payroll Service 52

Employee Benefits

JANUARY 21, 2022

million pension savers [1] are set to reach the limit and will be hit with a tax charge of 55% in retirement. This could particularly affect those who never check the value of their pension, or haven’t done so for some time. Positive pension fund growth as well as a pay rise may easily push them over the LTA before they know it.

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Pension Taxes Pension Benefit Education 52

HR Professionals Magazine

JANUARY 31, 2022

Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined- contribution plans. As the names imply, a defined-benefit plan—also commonly known as a pension plan—promises a specified benefit amount at retirement. By Eddie Vaughn. Examples of. on investments.

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401(k) Pension Profit Sharing Plan Pension Benefit 40

Employee Benefits

JANUARY 20, 2023

Over the past few weeks, there have been an increasing number of social media posts and press articles about a bill currently passing through Parliament, with which the UK government has the potential to fundamentally change employment rights. One thing is certain: all eyes will be on this bill as its journey continues.

Government 52

Government Parental Leave Pension Benefit Pension 52

Hppy

APRIL 27, 2023

In this article, we will explore the benefits and challenges of hiring standalone overseas employees from both perspectives before unearthing ways to make it work better for all involved. Image by lookstudio on Freepik Navigating the challenges and benefits of employing remote workers abroad without a legal entity.

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Pension Global Payroll Payroll Service Payroll 36

Money Talk

DECEMBER 22, 2021

Pension COLAs - Pension benefits for some retirees are also indexed for inflation. An example is pensions for federal government workers and military retirees and disabled veterans. a $59 increase for every $1,000 of benefits) in 2022. Other pensions have frozen or suspended COLAs for their retirees (e.g.,

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401(k) Pension Taxes Deductions 227

HR Digest

FEBRUARY 20, 2020

As such, it is essential to understand the pros and cons of the process of providing retirement benefits. 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. Work Smart.

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Pension Retirement Plan Taxes Pension Benefit 87

Business Management Daily

APRIL 1, 2021

Despite this, ignorance is not a sound legal defense and employers need to stay up to date on current rulings. The FFCRA required employers to provide paid time off for many COVID-19-related reasons. It also included a paid and limited FMLA benefit when caring for children whose schools or daycares closed.

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Family and Medical Leave Act Employment Paid Sick Leave Taxes 64

Employee Benefits

OCTOBER 4, 2023

It is important to remember the assurances given previously, that leaving the EU would not have the effect of eroding employment rights. EU law gives wider protection and would allow a claim if there is a single source which determines the employment terms, albeit the terms are not similar or common.

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Pension Pension Benefit Government Employment 111