Employee Benefits
FEBRUARY 15, 2024
Launched this week and set to run until 2028, with break clauses at the end of years two and three, the managed service provision framework includes a fully managed service and individual services for employee benefit schemes, covering a range of salary sacrifice and voluntary deduction arrangements.
Employee Benefits
JANUARY 25, 2023
Group income protection employer-paid for all employees, subject to acceptance by the insurer. Two years paid at half salary at time of acceptance. Combined business travel/personal accident/sickness insurance policy, employer paid for all employees. It offers a range of retail discounts as well as instant digital e-vouchers.
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Employee Benefits
OCTOBER 12, 2023
The scheme allows staff to apply for a flexi-voucher which can be used to buy a bike or cycling equipment from different retailers over the course of a year, without having to purchase everything at once. The post Pitchup launches bikes-for-work scheme for staff appeared first on Employee Benefits.
Employee Benefits
MARCH 6, 2024
Earned wage access or salary advance schemes, which allow employees to drawdown money they have earned before payday, could be worth considering. These schemes are popular in sectors such as retail, the gig economy and the NHS, and while there are fees for taking pay early, these are small and could be borne by the employer.
HR Management Activities
AUGUST 1, 2023
As Figure shows, the common components of executive compensation are salaries, annual bonuses, long-term incentives, supplemental benefits, and perquisites. Especially when the base salary is $1 million or more, the executive often is interested in the mix of items in the total package, including current and deferred compensation.
Workplace Insight
JULY 3, 2023
One in six (17 percent) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14 percent) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.
Empuls
APRIL 22, 2024
This is especially true when you factor in the seemingly endless list of expenses: groceries, rent/mortgage, utilities, health insurance, car payments. But where exactly does each chunk of your hard-earned salary end up? the list goes on. Xoxoday goes beyond a simple one-size-fits-all approach.
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