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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

Credit: Ritu Manoj Jethani/Shutterstock Footwear brand FitFlop has introduced a salary sacrifice nursery scheme for its 165 UK employees in order to help them save money on childcare fees. The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

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33% of UK employers plan on increasing salaries and bonuses in 2024

Employee Benefits

One-third (33%) of UK employers are planning on increasing salaries and bonuses at the start of this year, according to research by job website Totaljobs. While more than half (58%) were confident they will recruit the people they need this quarter, 30% admitted meeting salary expectations will be a challenge.

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Buyer’s guide to flexible benefits technology

Employee Benefits

What is flexible benefits technology? Then, as personalisation and flexibility became more the norm, allowing employees to tailor pick and choose their own perks from a broader set, sign up for salary sacrifice schemes, trade holiday days for cash, and more, the simple information hub had to evolve even further.

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Buyer’s guide to home technology schemes

Employee Benefits

What are home technology schemes ? A home technology scheme allows employees to purchase a new piece of technology and spread the cost through monthly payments. The payments can be made either through a salary sacrifice arrangement from gross pay or from a net pay arrangement. Are there any tax or legal issues?

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Odfjell Technology drillers accept pay deal

Employee Benefits

More than 80 offshore drillers working for Odfjell Technology have settled a pay and conditions dispute over work on TAQA installations. The revised pay deal, secured by trade union Unite, will increase basic salaries by 8% and will be backdated to 1 June 2023. Odfjell Technology has been contacted for comment.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. Being willing to provide competitive pay for a role is the most straightforward approach a company can adopt, that is, providing a higher salary than other companies in the industry are offering.

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Salary Benchmarking Guide - Importance, Process, Challenges, and Trends

Empuls

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. Importance of salary benchmarking One can summarize the importance of salary benchmarking as follows: 1. Importance of salary benchmarking One can summarize the importance of salary benchmarking as follows: 1.

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