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A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

For employers, determining the contributions to a workplace pension scheme depends on the pensionable earnings of their employees. This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. Employee contribution (inc.

Pension 52
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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.

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The benefits offered by Fox Agency

Employee Benefits

Benefits on offer at Fox Agency: Pension Salary sacrifice pension arrangement; employees are automatically enrolled after three months’ service. Enhanced parental leave, sick leave and bereavement leave. Employee contribution 5% and employer contribution 3%. Birthdays off.

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Top tips on how employers can reduce the gender pensions gap

Employee Benefits

Women need to be aware of the impact of career breaks and part-time working on their pensions, and how they may be able to mitigate the impact. Here are some practical tips for employers on how they can reduce the gender pensions gap. Perhaps decisive policy action is needed to address the pension gender divide.

Pension 59
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Benefits on offer at Gripple

Employee Benefits

Benefits offered by Gripple: Pension and group risk All employees are enrolled into a non-contributory pension, with 15% employer contribution. Employees can top up using salary sacrifice arrangement. Work-life balance or family-friendly policies Enhanced parental leave. Yoga classes. Free gym membership.

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Legal Obligations and Beyond: An Employer’s Guide to UK Benefits

Employee Benefits

These include: Holiday pay Statutory sick pay Auto enrolment pension Paid leave for maternity, paternity, and adoption Let’s dive deeper into these requirements. While many businesses opt to go above this minimum requirement, offering full salaries during sick leave isn’t a legal obligation.

Pension 52
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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.