Employee Benefits

JULY 21, 2023

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

Pension 52

Pension Banking Work From Home Government 52

Employee Benefits

JULY 24, 2023

Our work involves frequent travel for our team to London and Dublin, and even to Amsterdam, Paris, and further afield. At Cobry, we provide our staff with a range of perks and bonuses, including a profit-share programme, electric car and bikes-for-work subsidies, and enhanced sick pay and pension contributions.

Bonuses 98

Bonuses Pension Banking Work From Home 98

cipHR

JANUARY 11, 2022

For example, by providing remote working incentives, research suggests that employees can save approximately £500 a month by working from home. . Hunt down lost pension pots. Research shows that most people have approximately 11 different employers throughout their working lives.

Finance 98

Finance Pension Take Home Pay Work From Home 98

Enjoy Benefits

JUNE 4, 2023

Pension freedoms introduced by the then chancellor George Osborne in 2015 also allowed some over-55s to draw on their retirement funds early. The pandemic also led to many wanting a change in lifestyle and more time at home. The number of people not working because of long-term sickness has shot up since Covid hit.

Pension 97

Pension Manufacturing Transportation Benefits Package 97

Employee Benefits

FEBRUARY 15, 2023

Many providers of existing benefits, such as pensions , will have education modules to increase awareness of the financial provisions on offer. Financial education and wellbeing For those employers wary of hiking pay to unsustainable levels, the alternative might be to bolster their approach to financial education and wellbeing.

Benefits Package 106

Benefits Package Pension Education Finance 106

Employee Benefits

MARCH 8, 2023

Employers should speak to staff and finding out what works for them, asking whether they would prefer to work from home or from the office, and being open to conversations about money worries. Many employers also chose to have flexible working policies in place too.

Work From Home 95

Work From Home Overtime Pension Benefits Package 95

Employee Benefits

OCTOBER 12, 2023

Pitchup also offers its employees benefits such as 25 days of holiday including bank holidays, a pension scheme, private healthcare, life insurance, critical illness cover, income protection, discounted gym memberships and sports equipment, and discounts at retailers, hotels and shops.

Gross Pay 52

Gross Pay Retail Life Insurance Pension 52

Employee Benefits

JANUARY 11, 2023

He was employed by DTS as an employability adviser under a Department of Work and Pensions (DWP) contract from February 2020 until his dismissal on 15 October 2020. His employer advised him to attend its Gloucester centre to collect a chair from the office, but he was unable to as he was shielding.

Employment 59

Employment Work From Home Pension Employee Benefits 59

Employee Benefits

AUGUST 9, 2023

Strategies for Effectively Leading Remote Teams The aftermath of the pandemic has witnessed countless employees embracing a routine that enhances their work-life balance. The current trend sees employees prioritising work flexibility, sound health benefits, and financial wellbeing – including their pension plan.

Pension 52

Pension Work From Home Employee Benefits Employment 52

cipHR

NOVEMBER 15, 2021

Tax codes can, and do, change, particularly if there’s been a change of personal circumstances, such as people getting married, claiming taxable state benefits, or working from home. For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L.

Pension 98

Pension Gross Pay Payroll Deductions 98

Employee Benefits

JULY 10, 2023

Companies that offer remote work opportunities have seen a 25% decrease in turnover rates, as employees increasingly expect flexible work arrangements. This benefit doesn’t have to disrupt your working environment. Mental Health Days A lack of work-life balance often makes employees question their current job.

Employee Retention 40

Employee Retention Pension Salary Recruitment 40

Money Talk

OCTOBER 7, 2021

in an IRA and/or a 401(k) or similar employer retirement savings account) and earn higher pension and/or Social Security benefits, working longer delays the need to take withdrawals from retirement savings and see balances decline. Some older workers had reasons to continue working longer than planned (e.g.,

401(k) 130

401(k) Entertainment Retirement Plan Taxes 130

Employee Benefits

JANUARY 4, 2022

“Instead, reasonable remuneration packages must work in tandem with additional rewards programmes,” she says. Organisations which fall short of offering flexible working arrangements, enhanced family-related pay and leave entitlements, pension contributions and social initiatives risk losing key workers.”. Freedom to choose.

Employee Benefits 106

Employee Benefits Pension Consulting Parental Leave 106

Employee Benefits

DECEMBER 15, 2021

The employer quickly adapted its approach to offer staff constant wellbeing support through its ‘working from home doesn’t mean working alone’ campaign. His first HR role was at Aer Lingus, where he administered a defined benefit (DB) pension scheme for pilots and cabin crew. Career history.

Entertainment 65

Entertainment Pension Engineering Work From Home 65

HR Digest

FEBRUARY 13, 2022

Most employees are still struggling in the aftermath of the Covid-19 crisis Many people work from home and they face debts and difficult financial positions. Emergency funds are almost empty and employees need some kinds of financial benefits to stay satisfied at work. .

401(k) 116

401(k) Retirement Plan Pension Work From Home 116

Employee Benefits

FEBRUARY 6, 2023

Let’s explore… Pension schemes Do we still want it? Whatever the sector you work in, it will be unsurprising to read that pension schemes are still the most frequently found benefit in the UK workplace. But is there any way day-to-day pension schemes could be even more valuable? And we wouldn’t have it any other way.

Pension 52

Pension Retirement Plan Finance Work From Home 52

Workplace Insight

MAY 1, 2022

These are also sectors with high levels of social contact where it’s not possible to work from home, so perhaps some older workers chose to resign out of fear for their health. This was driven by increases in the state pension age , which rose from 65 to 66 from 2019-20. Implications and policy challenges.

Government 98

Government Pension Manufacturing Transportation 98

Business Management Daily

APRIL 29, 2024

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. 401(k) plans, pensions, and employer contributions to retirement accounts are increasingly important to young workers. It’s a touchy subject.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

Employee Benefits

FEBRUARY 6, 2022

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.

Employment 65

Employment Pension Government Life Insurance 65

Vantage Circle

SEPTEMBER 23, 2023

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.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

Employee Benefits

JANUARY 19, 2022

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 106

Payroll Take Home Pay Payroll System Software 106

Hppy

APRIL 27, 2023

Firstly, employees do not have to commute to work, meaning they are less likely to be exhausted and tired at work. It’s also motivating for many people to work from home abroad, and as a result, employee engagement can be higher. Beyond setting all of this up, it can present confusing pension arrangements.

Pension 36

Pension Global Payroll Payroll Service Payroll 36

Hppy

FEBRUARY 17, 2020

Other important benefits include sick pay, generous holiday allowance, paternity and maternity leave, as well as flexible work hours. Perhaps you can offer the opportunity for people to work from home occasionally. For some, this is more important to them than their wage, especially when it comes to pensions.

Pension 82

Pension Work From Home IT Management 82

Business Management Daily

AUGUST 17, 2023

Building the right environment Perhaps the biggest business takeaway of Covid-19 pandemic was the overwhelming desire of workers to work from home. Somehow, working from home was the missing ingredient from their benefits package, and they gained the confidence to be productive while thriving at home.

Work From Home 97

Work From Home Entertainment Pension Benefits Package 97

Employee Benefits

APRIL 2, 2023

Financial Security As much as all businesses would like to believe that their staff are there because they just enjoy the job so much, the fact is that most people work because they need financial security and offering this as part of staff benefits is vital. 4.

Outsourcing Payroll 52

Outsourcing Payroll Benefits Package Healthcare Payroll 52

Hppy

JULY 28, 2022

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.

Parental Leave 41

Parental Leave Healthcare Pension Salary 41

Insperity

JUNE 4, 2019

Advancing your career meant devoting yourself to the corporate cause and working your way up the ladder. Upon retirement, there was a handsome corporate-sponsored pension to rely on. Millennials understand that they can’t sit at one company for decades and collect a pension upon retirement. a few days each week.

Pension 67

Pension Retirement Plan Work From Home Utilities 67

LACE Partners

SEPTEMBER 30, 2022

Your typical 20-year-old couldn’t care less about a pension, they are decades away from needing one. To someone from Gen Z it’s irrelevant, they want to know if they can work from home and if there’s a flexible work environment.

Benefits Package 52

Benefits Package Technology Pension Work From Home 52

cipHR

JUNE 29, 2023

One in six (17%) 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%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

Food 52

Food Payroll Bonuses Insurance 52

Business Management Daily

APRIL 25, 2023

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate.

Salary 105

Salary Benefits Package Recruitment PTO 105

Vantage Circle

AUGUST 23, 2018

Employee Benefits like unlimited vacation and work-from-home privileges are things of the past now. These are done through various methods like pension schemes, 401(k)s and more. When employees will be weak but still have to work, it will directly affect their productivity and efficiency. Remote Working.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Empuls

APRIL 28, 2023

Flexible work hours and remote work options : Flexible work hours and remote work options can help employees balance their work and personal responsibilities, reducing stress and increasing productivity.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Vantage Circle

AUGUST 23, 2018

Employee Benefits like unlimited vacation and work from home privileges are things of the past now. These are done through various methods like pension schemes, 401(k)s and more. When employees will be weak but still have to work, it will directly affect their productivity and efficiency. Remote Working.

Employee Benefits 45

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 45

Workers' Compensation Perspectives

MARCH 23, 2020

The then chairman wrote: In the closing months of the last year we have been compelled to reject a number of claims arising out of the influenza epidemic, in which mothers with small children made application for pensions. The ability of workers’ compensation insurers to shift to work-from-home models were developed and tested.

Workers’ Compensation 52

Workers’ Compensation Compensation System Family and Medical Leave Act Insurance 52

SnackNation

MAY 13, 2016

But offering paid sick days signals to employees that it’s ok to stay home when they’re under the weather. 401(K) Plan, Retirement Plan and/or Pension. Particularly, those who worked during the financial uncertainty of the Great Recession of the late 2000’s, financial security is a premium benefit.

Pay Raise 73

Pay Raise 401(k) Food Health Insurance 73

Business Management Daily

MAY 9, 2024

Here are the employer plans that qualify for the credit: 401(k) plan SIMPLE plan Simplified Employee Pension (SEP) The IRS has begun to provide guidance on SECURE 2.0 If employees work remotely for convenience, you can withhold income tax for the work and your state.

Payroll 52

Payroll 401(k) Taxes Retirement Plan 52

cipHR

NOVEMBER 10, 2022

Payroll departments must now ensure they provide data to HMRC in real time each time they pay employees, that eligible employees are auto-enrolled into a pension, and keep staff up to date with an increased variety of benefits. Getting the basics correct in payroll has become more complex over the last decade or so, however.

Payroll 52

Payroll Payroll System Salary Pension 52