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Top tips to help new parents stay in control of their finances

Employee Benefits

Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances will be affected and what actions they can take.

Finance 105
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EY to allow consultants to take time away from roles

Employee Benefits

Through the employer’s Employee TimeOut initiative, employees without an assignment from March to August 2024 can leave their role for between four and 12 weeks. This time away will be unpaid, but staff will receive a bonus worth 25% of their salary when they return.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave. With non-standard work schedules becoming the norm, flexibility in general is in high demand among most employees.

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Closing the Gender Retirement Gap: How Financial Wellness Can Help

Best Money Moves

Under federal law, employees are only guaranteed 12 workweeks of unpaid family medical leave; however, the loss of income can be detrimental to household finances. With little federal guidance, employees must depend on their employers’ leave policy. Less money now means even less during retirement. .

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The benefits offered by Together Housing Group

Employee Benefits

The benefits offered by Together Housing Group: Pension. Local government pension schemes (LGPS) with varying employer contribution levels. Defined contribution (DC) salary sacrifice scheme with 3% or 5% employee contribution matched by 6% or10% employer contribution. Life assurance at three times salary. Social clubs.

Pension 59
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The A-Z of payroll outsourcing UK

cipHR

The definitive A-Z of payroll outsourcing in the UK A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | A: Auto-enrolment The process through which qualifying employees are automatically entered into workplace pension schemes. In most cases, it is down to the employer to establish this.

Payroll 52
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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Employee benefits are non-wage compensation provided by employers to their employees in addition to their regular salary or wages. What are employee benefits?