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SumUp ensures it offers an age-inclusive benefits package

Employee Benefits

The global financial technology firm that provides merchants with card readers and payment solutions has more than 3,000 employees globally. Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff.

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How can employers ensure reward and benefits enhance the employee experience?

Employee Benefits

Organisations should consider more flexible options including part-time hours term-time work, career breaks and four day working weeks to support their talent management strategy. Not everyone wants to save into a pension so offer an ISA too.”. Offer alternatives,” she adds. Future trends.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Pension Plans A pension plan is a benefit for employees. Pension plans provide a predictable retirement income based on a predetermined formula considering the final salary and years of service. Traditional pension plans have become less popular in the private sector due to cost concerns and changing times.

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What are the pros and cons of digital self-service pay systems?

Employee Benefits

Working from home so much over the last two years has made this more and more relevant.”. Software can allow employees to model the impact on their take-home pay of opting into certain benefits, for example, or changing their pension contribution. Employers] get more buy-in and loyalty from employees,” Fowler says.

Payroll 105
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The Pros and Cons of Standalone Overseas Employees in the Remote Work Era

Hppy

The concept of remote work had been simmering for a long time. It started in the 1970s when IBM tested out its effectiveness in home telecommuting , but it wasn’t until technology became powerful and commonplace that day-to-day companies saw it as feasible. In other words, they now become the provider’s liability, not yours.

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What are Gen Z looking for in the workplace?

LACE Partners

It’s actually more to do with what they consider to be technology; something that you’ve always had is not technology. It’s not necessarily a negative that they expect fast internet – it’s more of a result that the technology has existed long enough that it should be that way. .

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How to Attract and Retain Talent in a Tough Market

Hppy

Employees want the freedom to work from home or on the go, and they want to know that their work/life balance is being taken into account. If your employees have kids, they might want the option to work from home one day a week to look after them. Incentives such as bonuses, rewards and pensions.