Employee Benefits

MAY 15, 2023

We ask Jonathan Watts-Lay, Director, WEALTH at work, what he thinks are the main benefits of salary sacrifice schemes. Jonathan Watts-Lay, Director, WEALTH at work, comments, “One way to save money is by paying for things through your company payroll using your pre-tax salary, so you pay less income tax and National Insurance.

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BetterUp

JULY 25, 2023

Jump to section What’s a salary negotiation? Should you negotiate your salary? 11 salary negotiation strategies 5 tips for new job offers 4 tips to help you get a raise Ask for what you’re worth

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Employee Benefits

AUGUST 2, 2023

Transparency around pay levels and salary capabilities helps to avoid frustration and misunderstandings and instead provide clarity and reassurance. Remember that salary and compensation are only part of the total reward picture. The cost-of-living crisis has caused many to experience financial stress.

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HR Lineup

JANUARY 4, 2023

Salary transparency is the practice of openly disclosing the wages and salaries of all employees within an organization. However, implementing salary transparency can be a complex process, with various considerations to take into account. How to Implement Salary Transparency. Benefits of Pay Transparency.

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HR Digest

APRIL 16, 2022

One of these questions is “What is your expected salary?” In the text below, you will find out how to answer the “What is your expected salary?” You will also find out what to say in some similar situations when a recruiter asks you to answer the questions about the salary range. Keep reading to find out more. question. .

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HR Digest

SEPTEMBER 18, 2023

Effective from 17 September this year, the pay transparency law will now enforce regulations that ensure employers who want to advertise a job posting are clear about what salaries applicants could expect for the position. How Does the New Law Work in NY?

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Employee Benefits

FEBRUARY 22, 2023

Car salary sacrifice arrangements remain a popular employee benefit; in its January 2023 Leasing Outlook , the British Vehicle Rental and Leasing Association (BVRLA) found a 20.5% year-on-year increase in company cars funded through salary sacrifice to quarter three in 2022. What are car salary sacrifice schemes?

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Employee Benefits

APRIL 17, 2023

Supermarket chain Tesco supports the financial wellbeing of its workforce through a salary advance scheme in addition to regular pay rises and an extensive benefits proposition. The post Tesco educates and supports staff through salary advance scheme appeared first on Employee Benefits.

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Employee Benefits

SEPTEMBER 15, 2023

HM Revenue and Customs (HMRC) has published a consultation on proposed amendments to regulations that will allow employers to delay reporting advance salary payments made to an employee. The post HMRC publishes consultation on reporting salary advances appeared first on Employee Benefits.

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Employee Benefits

OCTOBER 24, 2023

West Yorkshire-based building contractor Triton Construction has implemented an electric vehicle (EV) salary sacrifice scheme for its 70 employees. These are enhanced by an employer contribution based on savings made from a reduction in employer’s national insurance contributions via the salary sacrifice scheme.

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Employee Benefits

MAY 29, 2023

It is quite natural for us to focus on salary. For example, deductions for childcare vouchers or for a salary sacrifice car arrangement are made from pre-tax salary, which means that the money is not subject to income tax and national insurance. After all, we all need to make a living. appeared first on Employee Benefits.

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Vantage Circle

JUNE 9, 2023

To bring in the best talent, you need to be offering the most competitive salaries, and that is what is going to change the end game. What is Salary Benchmarking? What is Salary Benchmarking? Salary benchmarking involves matching or exceeding the ‘benchmark’ salary levels across your industry.

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HR Digest

OCTOBER 10, 2023

One way to display this displeasure during resignation is when the salary is withheld after the resignation period is announced. Let’s look at what you can do when your salary is withheld during your notice period. What Are Legal Protections When Salary Is Withheld after Resignation?

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Employee Benefits

APRIL 17, 2023

It is important that salary advance schemes are explained properly so that staff fully understand how these operate and the costs involved. One initiative that is seeing a surge in popularity is the salary advance scheme, also known as earned wage access. The employer can set rules that limit withdrawal values employees can make.

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Employee Benefits

JUNE 30, 2023

Salary budgets for UK employees are expected to decline in 2024 after peaking this year, according to research by Willis Towers Watson. The global advisory, broking and solutions firm’s latest Salary budget planning survey found that UK employers are budgeting an average increase of 4.4% This is lower than the average 5.1%

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Professionals Alternative

SEPTEMBER 14, 2022

Loan Officer Job Descriptions Salary and Interview Questions. Please continue reading to learn how to fill out your job descriptions, set your salary and interview questions. Please continue reading to learn how to fill out your job descriptions, set your salary and interview questions. Establish a Salary.

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BetterUp

AUGUST 16, 2023

Jump to section Why you should negotiate your salary What’s a salary negotiation email? How to write a salary negotiation email: 7 steps 6 tips and best practices for your email Salary negotiation email template Salary negotiation email samples It gets easier

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Wellable

AUGUST 30, 2023

22% of US companies plan to cut salary raise budgets next year. The post Payscale Study: 22% Of Companies Are Limiting Salary Increases appeared first on Wellable. How can organizations meet employee expectations while maintaining financial stability?

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Employee Benefits

APRIL 24, 2023

We asked Jonathan Watts-Lay, Director, WEALTH at work, about the perks of buying an electric car through salary sacrifice. If you are going to move to an electric car, paying for it through salary sacrifice can be a great option due to the savings that can be made. appeared first on Employee Benefits.

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Employee Benefit News

SEPTEMBER 25, 2023

ResumeBuilder found that women are a third less likely than men to negotiate their salaries.

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HR Digest

JUNE 10, 2021

Your salary expectations are not met. Sometimes there is no room to negotiate the base salary. Request for a salary readjustment email. I am willing to join the company, but I have certain constraints that do not allow me to accept the salary offered. . That’s based on the average annual salary for this position.

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Employee Benefits

JANUARY 19, 2023

Almost one in five (19%) workers say they plan to leave their current job for one offering a higher salary if the cost of living crisis continues or gets worse. To retain staff, as well as boost their wellbeing and productivity, some firms have been able to offer salary increases in line with inflation, but this hasn’t been feasible for all.

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Patriot Software

SEPTEMBER 20, 2022

Reducing an employee’s salary is not an easy decision to make. Unfortunately, salary reduction might be necessary. A salary reduction is much more than just changing your payroll. If an employee is not succeeding in their position, it may be time for a pay cut.

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BetterUp

JUNE 21, 2022

When to ask about salary range. How to research relevant salary ranges. How to ask for a salary range. Why employers ask about your salary expectations. Jump to section.

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PayrollOrg

FEBRUARY 24, 2023

Supreme Court ruled that a highly compensated employee was owed overtime under the Fair Labor Standards Act since he was paid a daily rate and not on a salary basis.

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Employee Benefits

JUNE 28, 2023

Insurance firm Allianz has introduced an electric car salary sacrifice scheme for its more than 8,000 UK employees. They can choose between electric and plug-in hybrid cars, while the cost of the lease is calculated monthly and deducted from their gross salary through payroll.

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PeopleKeep

FEBRUARY 23, 2022

Offering stipends to your employees is a great way to show that you care about them without having to increase their salaries. But what’s the difference between stipends and salary increases, and when might you want to offer a stipend to your team instead of a raise? Can you pay employees a stipend instead of a salary?

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Darwinbox

APRIL 25, 2023

As companies in Dubai and the Middle East scale their workforce, the salary slip format in UAE as well as the salary certificate format in UAE are important documents. Also, learn why the salary slip format UAE in Excel plays such a vital role for employees and HR teams.

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Employee Benefits

DECEMBER 13, 2022

Employee Benefits poll: Almost a fifth (18%) of organisations offer a salary advance scheme allowing staff to access their wages before payday, according to an online survey among Employee Benefits readers. The scheme, provided by Salary Finance, costs a single set fee of £1.49

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HR Digest

AUGUST 24, 2022

When you’re asked, “What is your expected salary?” Do you know how to answer the question “what is your expected salary?” But if you want to make yourself look like a confident, competent candidate for this position, we have provided some tips on how to answer this salary expectation question with grace and class.

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HR Digest

JUNE 24, 2022

According to the American Association of University Professors (AAUP), faculty salaries fell by nearly 5% in 2021-22 when wages were adjusted for inflation. The AAUP report highlighted the fact that faculty salaries fell by nearly 5% in 2021-22, as inflation soars to record highs. That’s the market comparison to make.”

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Patriot Software

OCTOBER 20, 2022

Even if you pay an employee a salary, you might owe them overtime wages. Learn how to calculate overtime pay for salaried employees correctly. When are salaried employees eligible for overtime pay? And, check out step-by-step examples. There are two types of employees: exempt and nonexempt.

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Patriot Software

SEPTEMBER 13, 2022

With over 4 million employees quitting their jobs per month, you might notice more candidates negotiating salary increase. Job seekers aren’t afraid to explore other options if you can’t provide the salary or benefits they want. Salary raise negotiation might make the difference between a […] READ MORE. Because they can.

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Patriot Software

AUGUST 25, 2022

And if you want to know how to convert salary to hourly rate for employees, it’s time to whip out those calculators. So, when would you need to convert a salary to hourly wages? You may want to know how an employee’s salary compares to […] READ MORE. Sometimes, being an employer feels like you’re doing nonstop math.

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Patriot Software

SEPTEMBER 12, 2022

Hiring salaried employees can eliminate some of the guesswork out of wage calculations. Typically, an employee earning a salary receives the same amount each pay period. In these situations, you must know how to prorate salary. What is a prorated salary? But, what happens when an employee takes an unpaid day of work?

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Patriot Software

OCTOBER 20, 2022

Not only do you have to determine how much to pay employees, you also have to decide if you will give employees a salary or hourly wages. Determining if your employees should be salary vs. hourly might take some deliberation. There are laws and different benefits of salary […] READ MORE.

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