Employee Benefits
MARCH 5, 2024
Credit: bennphoto / Shutterstock.com Retailer Currys is increasing pay for its approximately 10,000 hourly-paid employees as part of an investment into their pay. The retailer has additionally increased minimum pay rates , which will rise to £11.50 Over the past three years, Currys has increased its minimum hourly pay by 29%.
Abel HR
JUNE 18, 2020
And then they ask about salary and it’s as if all the air has been sucked out of the room. After all, why take the hiring process further if you have vastly disparate ideas for how the position should be rewarded? After all, why take the hiring process further if you have vastly disparate ideas for how the position should be rewarded?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Employee Benefits
SEPTEMBER 14, 2023
They are paying 5% of their salary into a pension via a salary sacrifice arrangement, and their employer is paying 3%. Example 1: Sam[1] – Basic rate tax payer, earning £20,000 per year The employee increases pension contributions by 1% of salary which is matched by the employer.
Employee Benefits
JULY 6, 2023
However, there’s a strong reason to do so: your business and employees may be at risk if you don’t take action. If your provider hasn’t informed you about salary sacrifice, the tax strategy that offers significant benefits, then you’re being short-changed. This happens because lower earnings mean less NI to pay.
Employee Benefits
JANUARY 25, 2023
Employees can contribute as much as they wish as long as it does not take their take-home pay below the minimum wage. Two years paid at half salary at time of acceptance. Life insurance for all employees with a death-in-service benefit of four-times salary. Age limits are 16 to state pension age.
InterWest Insurance Services
OCTOBER 27, 2022
These cafeteria plans, which are governed by Section 125 of the Internal Revenue Service Code, allow your employees to withhold a portion of their pre-tax salary to cover certain medical or childcare expenses. Employees can save an average of 30% in federal, state and local taxes on items they already pay for out of pocket.
Workplace Insight
NOVEMBER 8, 2022
Workers are looking for new jobs, asking for extra shifts, or taking on side hustles to make ends meet as everyday expenses eat up a bigger chunk of their pay cheques. A new Qualtrics study claims that 77 percent of workers say it’s harder to pay for their living expenses than it was a year ago.
Expert insights. Personalized for you.
59 
Let's personalize your content