national-insurance-saving-could-be-used-to-boost-workplace-pension 
Employee Benefits
MARCH 6, 2024
As announced in The Spring Budget, National Insurance (NI) is reducing from 10% to 8% from April 2024. A person earning £20,000pa will save £148.60 a year in NI contributions and be able to pay an additional 1.03% of their salary into their workplace pension at no additional cost to them.
Employee Benefits
FEBRUARY 2, 2024
National Insurance (NI) is reducing from 12% to 10% from January 2024. A person earning £20,000pa will save £148.60 a year in NI contributions and be able to pay additional 1.06% of their salary into their workplace pension at no additional cost to them. When made into a pension contribution it is worth £212.29
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Employee Benefits
JANUARY 31, 2024
Support in place A useful place for an employer to start is to review the benefits it already offers, to determine if these are being used to help with finances and whether employees know about them or how to access them. Implementing financial wellbeing services that include education and coaching is cost-effective.
Enjoy Benefits
NOVEMBER 9, 2023
November 2023 brings us National Talk Money Week, up to the 10th of November, and it’s a great opportunity to kick-start conversations around personal finance and money. Childcare benefits, workplace pensions, health cover, loans and discounts can all ease the strain of the cost of living crisis for your employees.
Workplace Insight
MARCH 7, 2024
These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. The Autumn Budget in November 2023 teased us with the “Back to Work” plan to support sick or disabled adults back into work along with a launch of the occupational health consultation.
Employee Benefits
JULY 31, 2023
But your organisation might be doing just that because the set-up of your workplace pension scheme has kept you blissfully unaware. Pension contributions by employers are great in principle, fostering stability and long-term economic wellbeing for employees. After all, your workplace pension is your most costly perk.
Employee Benefits
APRIL 10, 2024
As well as putting strain on employees and affecting productivity, the National Farmers Union (NFU) reported that more than £60 million of fruit and vegetables were wasted in the first half of 2022 because there were not enough pickers. Alan Price, chief executive officer (CEO) of BrightHR, says: “The EU talent pool isn’t there anymore.
Expert insights. Personalized for you.
98 
Let's personalize your content