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SALARY SACRIFICE: MAKING EMPLOYEE BENEFITS COST-NEUTRAL

Employee Benefits

Salary sacrifice solutions can help to make employee benefits cost-neutral, freeing up the budget to utilise in other business areas. With 61% of employees relying on their employers to offer more support during the ongoing cost-of-living crisis, it will take cost-effective, salary-stretching employee benefits to bridge the gap.

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Xtrac launches electric vehicle salary sacrifice scheme

Employee Benefits

Credit: Just Jus / Shutterstock.com Xtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme.

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Entry-Level Salary Negotiation Examples and Tips

BetterUp

Jump to section What’s an entry-level salary negotiation? Salary negotiation dos and don’ts Entry-level salary negotiation example emails Remember, you’re worth it Go forth and negotiate

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Stipend Versus Salary: Key Differences

BetterUp

Jump to section What’s a salary? Salaries versus stipends: Key differences 8 types of stipends Make informed choices about your compensation What’s a stipend?

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DOL Final Overtime Rules: Quickstart Guide for Employers

On August 30, 2023, the DOL unveiled a proposed overtime rule that would raise the weekly salary threshold under the Federal Labor Standards Act. Paycor is closely monitoring the proposal and will provide updates as new information becomes available.

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Standard Chartered launches electric and hybrid vehicle salary sacrifice scheme

Employee Benefits

Credit: MOZCO Mateusz Szymanski / Shutterstock.com Banking organisation Standard Chartered has introduced an electric and plug-in hybrid vehicle salary sacrifice scheme for all of its UK-based employees. The post Standard Chartered launches electric and hybrid vehicle salary sacrifice scheme appeared first on Employee Benefits.

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Can Pay Transparency Rules Ever Unbridle the Taboo of Sharing Salaries?

HR Digest

The deeply embedded generational norms and cultural taboo of sharing salaries are being eroded as a new wave of pay transparency rules inundated America’s workplace problems. At the beginning of 2023, Washington, New York, and California joined Colorado’s leaders in preparing for salary transparency for most open jobs.

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How to Execute a Strategic and Efficient Compensation Cycle: Plan

Update your salary bands and run a compensation analysis. Download this free eBook now to make your next annual salary review process the best one yet. This free eBook will show you how to: Run a compensation cycle post-mortem and update your timeline. Build your approver chain. Set your budget. Train managers and stakeholders.